Without any “urgent” amendment in wage policy, Comoros’ wage bill could reach 11 percent of the African country’s gross domestic product this year, according to the International Monetary Fund. The lender has warned that the bill would absorb 76 percent of government revenues, exceeding Comoros’ budgetary capacity.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.