## Djibouti: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti

_IMF Staff Country Reports, April 6, 2017_

## Source details

**Canonical URL:** [Djibouti: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti](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)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/04/06/djibouti-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44807/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/04/06/djibouti-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44807/index.json)
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## Bibliographic details
- Published: April 6, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475593327.002

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### 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*

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr1787.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr1787.pdf){rel="external" type="application/pdf"}

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_Source: 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_