Why is comoros poor

Rapid Population Growth — The population has steadily been growing since the s. There are approximately four births to every one death. According to the World Population Review, the average adult woman has about 4. The population should continue rising at an even pace. High Dropout Rates — Comoros has access to two different types of schools; the primary and secondary school system that France established and the traditional Islamic school system. Despite access to an education program , the dropout rate is continuing to steadily rise.

Causes of this rate are teacher strikes from lack of proper pay, student strikes from the continuous school shutdowns and political instability. Students who do finish school and obtain a higher education typically do so in another country and do not return after. Inadequate Health Care Access — Comoros lacks a public health care system. As a result, at least , people live abroad. Citizens are moving to countries like France in search of more space and essentially, a better life.

The Comoros poverty rate has started to improve thanks to a reformed poverty reduction strategy. In , the country created a new growth policy that aims to strengthen the economy. Government, quality of life and resilience are all a major focus. The World Bank has also partnered with the Comoros in hopes of endorsing shared growth and increasing employment. Statistics verify that development for the region is slow, but eliminating poverty is a main priority.

Photo: Flickr. Blog - Latest News. The Comorian economy should grow 3. The country intends to continue its monetary policy under its membership of the Franc Zone, which should reduce the inflation rate to 1. A recovery should allow consolidating public finances to reduce budget deficits to 2. The expected return of external resources and financing should gradually reduce the current account deficit to 3. This outlook would be undermined if the pandemic were to extend beyond the first half of , delaying the restart of the global economy.

In , the Comoros achieved the full reduction in debt it was eligible for under the Highly Indebted Poor Countries initiative, which enabled to reduce public debt from