Comoros GDP seen growing 3.5 pct in 2015: IMF

The economy of the Indian Ocean archipelago of Comoros should grow 3.5 percent this year, up from an estimated 3.3 percent in 2014, helped by public investments and lower fuel prices, the International Monetary Fund said. In its statement late on Monday, the IMF said the Comoros economy still faces challenges such as high poverty and insufficient infrastructure, and needs to bolster its revenue administration and management of its public finances.