{
  "title": "Djibouti: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti",
  "publication": "IMF Staff Country Reports, April 6, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/04/06/djibouti-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44807",
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  "summary": "This 2016 Article IV Consultation highlights Djibouti’s expansion of its transportation and utilities infrastructure to leverage its strategic location as a shipping hub and host to military bases.",
  "publishDate": "2017-04-06",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Economic performance and drivers of growth",
      "content": "- Growth is estimated to have reached 6.5 percent in 2016, driven by major public sector projects.\n- Major public sector projects cited as growth drivers:\n  - the railroad to Ethiopia\n  - the construction of several new ports\n  - a water pipeline from Ethiopia"
    },
    {
      "heading": "Inflation and price developments",
      "content": "- Inflation rose to 3 percent on average in 2016, reflecting increased food and service prices."
    },
    {
      "heading": "Development strategy and strategic positioning",
      "content": "- The authorities’ development strategy, Vision Djibouti 2035, aims to:\n  - transform the country into a middle-income economy\n  - establish Djibouti as a logistics and commercial hub for all of eastern Africa\n- Djibouti is leveraging its strategic location as a shipping hub and host to military bases to expand transportation and utilities infrastructure."
    },
    {
      "heading": "Fiscal and external sector thematic coverage",
      "content": "- Report subject headings include:\n  - Debt service\n  - Debt sustainability analysis\n  - Economic sectors\n  - External debt\n  - Public and publicly-guaranteed external debt\n  - Public debt\n  - Public enterprises"
    },
    {
      "heading": "Keywords and regional context",
      "content": "- Keywords and contextual tags associated with the report:\n  - Africa, East Africa, Middle East, Global\n  - Debt, Debt sustainability analysis, Public and publicly-guaranteed external debt, public enterprise debt\n  - Economic policy and institutional tags: authorities endeavor, authority, CR, investment project, ISCR, Public enterprises, resident representative, TA mission\n\nDjibouti: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/04/06/djibouti-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44807"
    }
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    "Published: April 6, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475593327.002",
    "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:",
    "Inflation rose to 3 percent on average in 2016, reflecting increased food and service prices.",
    "The authorities’ development strategy, Vision Djibouti 2035, aims to:",
    "Djibouti is leveraging its strategic location as a shipping hub and host to military bases to expand transportation and utilities infrastructure.",
    "Report subject headings include:",
    "Keywords and contextual tags associated with the report:",
    "**Country Report**"
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