Djibouti: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti
IMF Staff Country Reports, April 6, 2017
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- Djibouti: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti
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Bibliographic details
- Published: April 6, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475593327.002
Economic performance and drivers of growth
- Growth is estimated to have reached 6.5 percent in 2016, driven by major public sector projects.
- Major public sector projects cited as growth drivers:
- the railroad to Ethiopia
- the construction of several new ports
- a water pipeline from Ethiopia
Inflation and price developments
- Inflation rose to 3 percent on average in 2016, reflecting increased food and service prices.
Development strategy and strategic positioning
- The authorities’ development strategy, Vision Djibouti 2035, aims to:
- transform the country into a middle-income economy
- establish Djibouti as a logistics and commercial hub for all of eastern Africa
- Djibouti is leveraging its strategic location as a shipping hub and host to military bases to expand transportation and utilities infrastructure.
Fiscal and external sector thematic coverage
- Report subject headings include:
- Debt service
- Debt sustainability analysis
- Economic sectors
- External debt
- Public and publicly-guaranteed external debt
- Public debt
- Public enterprises
Keywords and regional context
- Keywords and contextual tags associated with the report:
- Africa, East Africa, Middle East, Global
- Debt, Debt sustainability analysis, Public and publicly-guaranteed external debt, public enterprise debt
- Economic policy and institutional tags: authorities endeavor, authority, CR, investment project, ISCR, Public enterprises, resident representative, TA mission
Djibouti: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti
Content in this bundle
- Country Report