Executive Board
Calendar
Board Discussions
on Djibouti:

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July 19, 2013
May 23, 2012
February 6, 2012
January 7, 2011
June 17, 2009

Article IV Staff Reports



Projected % Change
   2014  2015
Real GDP 6 6.5
Consumer Prices 2.5 2.5
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Djibouti: Financial Position in the Fund

Transactions with the Fund


IMF Resident Representative
Office in Djibouti

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Djibouti and the IMF
Updated April 13, 2014

On July 19, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the consideration of the Article IV consultation with Djibouti.

Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities.

At the time of circulation of the Djibouti staff report to the Board, the Djibouti authorities indicated that they needed more time to consider whether they would consent to the Fund’s publication of the staff report. Publication will only proceed upon receipt by the Fund of the Djibouti authorities’ explicit consent.

The last Article IV Executive Board Consultation was on July 19, 2013. Listed below are items related to Djibouti, in reverse chronological order (you can also view items by category).

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February 02, 2011 -- IMF Survey: Djibouti Aims to Be Regional Hub
Djibouti has achieved strong growth in recent years, but the small Red Sea country must become more attractive to private investment if it is to realize the ambitious goal of becoming a regional transport, trade, and financial hub, the IMF says.
January 24, 2011 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Djibouti
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
January 10, 2011 -- Press Release: IMF Executive Board Completes Second and Third Reviews Under Djibouti's Extended Credit Facility, Approves US$4.52 Million Disbursement and Extends Arrangement
November 15, 2010 -- Press Release: Statement at the Conclusion of an IMF Mission to the Republic of Djibouti
September 07, 2010 -- Djibouti: First Review Under the Three - Year Arrangement Under the Poverty Reduction and Growth Facility - Staff Report; Statement by the IMF Staff Representative; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Djibouti
Series: Country Report No. 10/277
June 22, 2010 -- Press Release: Statement at the Conclusion of an IMF Mission to Djibouti
July 21, 2009 -- Djibouti: 2008 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility - Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Djibouti
Series: Country Report No. 09/216
July 09, 2009 -- Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Djibouti
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 09, 2009 -- Djibouti: Poverty Reduction Strategy Paper
Series: Country Report No. 09/203
July 09, 2009 -- Djibouti: Joint Staff Advisory Note on the Poverty Reduction Strategy Paper
Series: Country Report No. 09/204
June 17, 2009 -- Press Release: IMF Executive Board Completes the First Review of Djibouti's PRGF and Approves US$2.3 Million Disbursement
March 23, 2009 -- Press Release: Statement at the Conclusion of an IMF Mission to Djibouti
September 18, 2008 -- Press Release: IMF Executive Board Approves US$20 Million PRGF Arrangement for Djibouti
June 26, 2008 -- Press Release: Statement of an IMF Staff Mission at the Conclusion of a Staff Visit to Djibouti
April 12, 2008 -- IMFC Statement by His Excellency Paul Toungui, Minister of State, Minister of Economy, Finance, Budget, and Privatization, Gabon
On behalf of: Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Cabo Verde, Djibouti, Gabon, Guinea, Guinea-Bissau, Republic of Equatorial Guinea, Republic of Madagascar, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 181Kb
March 31, 2008 -- Press Release: Statement of an IMF Staff Mission at the Conclusion of a Visit to Djibouti
May 21, 2007 -- Djibouti: 2007 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 07/178
Notes: Also available in French.
May 09, 2007 -- Public Information Notice: IMF Executive Board Concludes 2007 Article IV Consultation with Djibouti
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
August 04, 2005 -- Djibouti -- Staff-Monitored Program: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, August 04, 2005
PDF File Size: 276Kb
July 29, 2005 -- Djibouti -- 2005 Article IV Consultation, IMF Staff Concluding Statement
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.

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