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
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The fourth review of Djibouti’s economic performance under the Extended Credit Facility (ECF) arrangement highlights that the authorities maintained fiscal discipline in 2010, but fiscal performance weakened in the first months of 2011. The authorities made progress toward tackling high input costs, which hinder the development of the private sector. The Djibouti authorities remain committed to the IMF program, especially in the areas of fiscal discipline and structural reforms in tax revenue, public financial management, bank supervision, and central bank governance.
Subject: Arrears, Current spending, Economic and financial statistics, Economic sectors, Expenditure, External debt, Financial statistics, Public enterprises, Revenue administration
Keywords: Arrears, CR, Current spending, disbursement of SDR, ECF arrangement, Extended Credit Facility arrangement, Financial statistics, government, government finance statistics mission, ISCR, membership status, North Africa, Public enterprises
Pages:
51
Volume:
2012
DOI:
Issue:
169
Series:
Country Report No. 2012/169
Stock No:
1DJIEA2012002
ISBN:
9781475505849
ISSN:
1934-7685
