Djibouti: First Review Under the Staff-Monitored Program
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Summary:
This paper on the First Review Under the Staff-Monitored Program (SMP) on Djibouti explains macroeconomic framework and policies. The policy discussions centered on the need to sustain the improvement in the country’s fiscal position in the remainder of the year and steadfast structural reforms to create the basis for sustainable growth. Determined efforts by the authorities are needed to implement the longstanding structural reforms planned under the SMP. IMF staff recognizes the difficulties in adopting a challenging reform agenda and the need to achieve a political consensus.
Series:
Country Report No. 2004/372
Subject:
Arrears Current spending Expenditure External debt Fiscal policy Fiscal stance Revenue administration
English
Publication Date:
November 24, 2004
ISBN/ISSN:
9781451810677/1934-7685
Stock No:
1DJIEA0072004
Pages:
43
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