What type of economy does Comoros have?

Comoros has a mixed economy, characterized by a blend of private sector activity, state intervention, and traditional subsistence farming. The country's economy is primarily based on agriculture, which employs the majority of the labor force and contributes significantly to GDP. Main agricultural exports include vanilla, cloves, and ylang-ylang. Comoros also relies on tourism, fishing, and remittances from citizens living abroad. However, the economy is vulnerable to external shocks such as fluctuations in commodity prices and natural disasters. The Comoros government has been implementing economic reforms to attract foreign investment and diversify the economy, but progress has been slow due to challenges such as political instability and poor infrastructure.
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