History of the Comoros (1978–89)
The Comoros is an island nation in the Indian Ocean, located off the eastern coast of Africa. France first established colonial rule in the Comoros in 1841. Agreement was reached with France in 1973 for the Comoros to become independent in 1978. On July 6, 1975, but the Comorian parliament passed a unilateral resolution declaring independence. The deputies of Mayotte, which remained under French control, abstained. Referendums on all four of the islands excluding Mayotte showed strong support for independence. Ahmed Abdallah proclaimed the Comoros' independence on September 5, 1975 and became its first president.
Economy of the Comoros
The Comoros is one of the world's poorest countries; its per capita gross national product (GNP—see Glossary) was estimated at US$400 in 1994, following the January devaluation of the Comorian franc. Although GNP increased in real terms at an average annual rate of 3.1 percent during the 1980s, rapid population growth effaced these gains and caused an average annual decrease in per capita GNP of 0.6 percent. Gross domestic product (GDP—see Glossary) grew in real terms by 4.2 percent per year from 1980 to 1985, 1.8 percent from 1985 to 1988, and 1.5 percent in 1990. In 1991, because of its balance of payments difficulties, the Comoros became eligible for the IDA's Special Program of Assistance for debt-distressed countries of sub-Saharan Africa.