Djibouti Resident Representative Site

Resident Representative Office in Djibouti

This web page presents information about the work of the IMF in Djibouti, including the activities of the IMF Resident Representative Office. Additional information can be found on the Djibouti and IMF country page, including IMF reports and Executive Board documents that deal with Djibouti.

News — Highlights

Bringing the Informal Sector into the Fold

Blog by Massod Ahmed, published on November 16, 2011 

Visite de la Mission à Djibouti

M Carlo Sdralevitch, a tenu aux côtés de leur représentant résident à Djibouti, M.Samba Thiam, une conférence de presse qui marquait l’achèvement de la quatrième revue duprogramme de facilité élargie pour le crédit ou FEC suivant le jargon des professionnels. 

Djibouti Aims to Be Regional Hub

“The authorities have a vision of becoming an important logistical and strategic hub for the region,” said Carlo Sdralevich, IMF mission chief for Djibouti. 

Sound Policies Soften Crisis Impact on Middle East

Oil exporters in the Middle East and North Africa have been directly hit by the global financial crisis through a sharp drop in oil prices and a drying up of capital inflows, but the blow has been softened by countercyclical government spending, according to the IMF’s new regional forecast. 

Strong Fundamentals Help Middle East, North Africa Mitigate Impact of Global Shocks

The global financial crisis has not spared the MENAP region, but strong economic fundamentals and sizeable currency reserves have helped to mitigate the impact of the shock. 

Djibouti and the IMF

IMF Program Note on Djibouti

April 3, 2013
Program Note on Djibouti 

Djibouti: Sixth Review Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Djibouti

March 21, 2013
Series: Country Report No. 13/78
Notes: Also available in French 

Djibouti: Fifth Review Under the Extended Credit Facility Arrangement, Request for Augmentation of Access and Rephasing, Request for Waivers of Nonobservance of Performance Criteria, and Request for Waiver of Nonobservance of Performance Criterion Resulting in Noncomplying Disbursement - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Djibouti.

July 24, 2012
Series: Country Report No. 12/197
Notes: Also available in French 

Djibouti: Fourth Review Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria - Staff Report and Press Release.

July 10, 2012
Series: Country Report No. 12/169
Notes: Also available in French 

Djibouti: Poverty Reduction Strategy Paper - Annual Progress Report

June 8, 2012
Series: Country Report No. 12/131 

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Regional Economic Outlook: Middle East and Central Asia

Two years after the onset of the "Arab Spring," many countries in the Middle East and North Africa continue to undergo complex political, social, and economic transitions. Economic performance across the region was mixed in 2012: although most oil-exporting countries grew at healthy rates, economic growth remained sluggish in the oil importers. In 2013, these differences are expected to narrow because of a scaling-back of hydrocarbon production among oil exporters and a mild economic recovery among oil importers. Many countries face the immediate challenge of re-establishing or maintaining macroeconomic stability amid political uncertainty and social unrest, but the region must not lose sight of the medium-term challenge of diversifying its economies, creating jobs, and generating more inclusive growth.

For the countries in the Caucasus and Central Asia region, the near-term outlook remains broadly favorable, reflecting high oil prices for the oil and gas exporters and strong non-oil commodity prices and robust remittances in the oil and gas importers. Risks to this favorable outlook could stem from still-subdued world demand, domestic political uncertainties, and geopolitical risks in the region. Policymakers, particularly in the oil-importing countries, should take advantage of the favorable outlook to re-establish fiscal policy buffers that were eroded in the aftermath of the global crisis. Across the region, countries should reinvigorate their reform efforts to address longstanding structural issues, with a view to improving governance, building an investor-friendly environment, developing a more inclusive financial system, and fostering regional trade and finance integration.