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Djibouti

Djibouti. iStock photo.

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

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Bringing the Informal Sector into the Fold

Blog by Massod Ahmed, published on November 16, 2011 click for more

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. click for more

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. click for more

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. click for more

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. click for more

Djibouti and the IMF

IMF Survey : Energy Revenues to Help Africa Trim ‘Infrastructure Gap’

April 12, 2014
New revenue streams from oil and gas would be devoted to investments in roads, railways, ports, and power, African finance officials say. They tell a news briefing that Africa’s “infrastructure gap” will have to be overcome to help achieve inclusive growth. click for more

Transcript of the African Finance Ministers Press Conference

April 12, 2014

Press Release: IMF Executive Board Concludes 2013 Article IV Consultation with Djibouti

July 31, 2013

IMF Program Note on Djibouti

April 3, 2013
Program Note on Djibouti click for more

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 click for more

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Regional Economic Outlook Update: Middle East & Central Asia

image from the publication cover

Economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primarily in the GCC, continue to record steady growth and solid economic and financial fundamentals, albeit with medium-term challenges that need to be addressed. In contrast, other countries—Iraq, Libya, Syria—are mired in conflicts with not just humanitarian but also economic consequences. And yet other countries, mostly oil importers, are making continued but uneven progress in advancing their economic agenda, often in tandem with political transitions and amidst difficult social conditions. In most of these countries, without extensive economic and structural reforms, economic prospects for the medium term remain insufficient to reduce high unemployment and improve living standards.

Economic activity in the Caucasus and Central Asia (CCA) region is weakening, mainly because of the near-term slowdown and rising regional tensions affecting Russia, a key trading partner and sources of remittance and investment inflows, as well as weaker domestic demand in a number of CCA countries. Near-term risks are to the downside and tied to the fortunes of large trading partners. Policies need to focus on bolstering economic stability and, where needed, short-term support to ailing economic growth. In addition, a new model for high, sustained, diversified, and inclusive growth is needed to set the direction for economic policies for the next decade. Click for more