IMF Resident Representative Office in Djibouti

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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.

At a Glance: Djibouti's Relations with the IMF

Current IMF membership: 188 countries
Djibouti joined the Fund on December 29, 1978; Article VIII
Quota: SDR 15.90 million
Outstanding Loans: ECF Arrangements SDR 22.71 million
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 (Country Report 12/197, published July 24, 2012 )

Read the Latest Program Note on Djibouti
October 2, 2012
PDF Version

News — Highlights

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

The outlook for the Middle East and North Africa region is mixed. Oil-importing countries are witnessing tepid growth, and the moderate recovery expected in 2013 is subject to heightened downside risks. For the Arab countries in transition, ongoing political transitions also weigh on growth. With policy buffers largely eroded, the need for action on macroeconomic stabilization and growth-oriented reforms is becoming increasingly urgent. Countries will need to put in place safety nets to protect the poor and build consensus for some difficult fiscal choices. The region's oil exporters are expected to post solid growth in 2012, in part due to Libya's better-than-expected postwar recovery. In the countries of the Gulf Cooperation Council, robust growth is supported by expansionary fiscal policies and accommodative monetary conditions.

In the Caucasus and Central Asia, the outlook remains favorable, reflecting high oil prices that are benefiting oil and gas exporters, supportive commodity prices and remittance inflows benefiting oil and gas importers, and, for both groups, moderate direct exposure to Europe. The positive outlook provides an opportunity to strengthen policy buffers to prepare for any downside risks.

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