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

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

March 21, 2013

Electronic Access:

Free Full Text (PDF file size is 1199 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The article is a review on Djibouti’s Extended Credit Facility (ECF) program and the performance of economic development in the program. The ECF program helped Djibouti to maintain macroeconomic stability, and the period underwent a transformation in the Djiboutian economy. The country saw an economic increase, and the banking system boomed. A positive thought of economic growth is projected in 2012, so plans were targeted to pursue fiscal reforms to improve debt sustainability, strengthening the banking sectors. The authorities of the Executive Board expect another program similar to the ECF.

Series:

Country Report No. 13/78

Subject:

Notes:

Also available in French

English

Publication Date:

March 21, 2013

ISBN/ISSN:

9781484355923/1934-7685

Stock No:

1DJIEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

67

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