Sekondi Accra

Ikililou Dhoinine is the president of Comoros. Mr Dhoinine, 48, has served as outgoing President Ahmed Abdallah Mohamed Sambi's deputy for the last four years. He won the 2010 Comorian presidential election where he received the most votes in the first round (28.19%). He faced Abdou Djabir and Mohamed Said Fazul in a run-off election and received 61.12% to win the presidency. A member of the ruling party, Dhoinine was supported in the election by former president Sambi. Previously, he had worked in the Ministry of Finance as the Vice-President in charge of Budget and Women's Entrepreneurship. From 26 March to 31 March 2008, he was the provisional President of Anjouan, an island in the Comoros.

President Dhoinine faces the daunting task of establishing political stability into the security forces. The army chief of staff, Commander Combo Ayouba, was assasinated by unknown assailants in front of his home in June 2010. The recently appointed military chief General Salimoun Mohamed Amiri was accused of involvement in Commander Ayouba's death and was dismissed from his post in August 2010. It had reported that Amiri and Sambi never really got along with one another and tensions surfaced in the security forces when Libyan troops arrived to reinforce the presidential guard in March 2010. Given the propensity of military coups in Africa, Sambi was probably wary of General Amiri's political motives.

Comoros is one of the poorest nations in the world despite improvements in revenue collection and fiscal management. However, the government in Moroni is trying to enhance its' economic prospects in 2011 by working with international partners and international banking institutions. A donar conference convened in Doha (Qatar) in March 2010 promised $540 million dollars in financial aid and general investments. In June 2010, the International Monetary Fund (IMF) and World Bank asserted that Comoros is eligible for $144.8 million dollars in debt relief under the Heavily Indebted Poor Countries Initiative (HIBC), about half of its $295.9 million dollar total. This should enable the government to spend more on essential investments in infrastructure. International bankers have warned the governement not to direct any of the funds to the country's already inflated wage bill.

Comoros is also initiating an economic liberalization program. At the close of 2010, the government began to reduce its 50% share in Banque de Developpement des Comores to 20%. However, it has taken a more gradual approach toward implementing changes in the management of state-owned companies in the energy, power and telecom sectors. With the Comoros reliant on diesel imports to fuel power plants, the government is now focusing on supporting investments in electricity production and geothermal power. Australia's Sinclair Knight Merz and New Zealand's Gafo Energy are studying the archipelagos energy potential in terms of future investments. Economic growth is largely sustained by remittances from Comorians abroad, which account upwards to 20% of the GDP and are leading a strong performance in the construction sector. With new funding, the country started its first domestic rice production in September 2010. However, a downturn in global growth rates has reduced the amount of foreign investment in tourism. However, despite newly committed foreign investors and the governments' financial restructuring decisions, the IMF predicts that real GDP growth will rise to only 1.5% in 2010, increasing to 2.5% in 2011.


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Comoros maintains a mission to the United States at 866 United Nations Plaza, Suite 418 New York, NY 10017 (tel. 212-750-1637).
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