## Djibouti’s Quest for Inclusive Growth

_IMF Working Papers, December 5, 2017_

## Source details

**Canonical URL:** [Djibouti’s Quest for Inclusive Growth](https://www.imf.org/en/publications/wp/issues/2017/12/05/djiboutis-quest-for-inclusive-growth-45443)

## Other formats

- [Markdown version](/en/publications/wp/issues/2017/12/05/djiboutis-quest-for-inclusive-growth-45443/index.md)
- [Structured JSON version](/en/publications/wp/issues/2017/12/05/djiboutis-quest-for-inclusive-growth-45443/index.json)
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## Bibliographic details
- Authors: Alexei P Kireyev
- Published: December 5, 2017
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781484331118.001

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### Overview
- Author: Alexei P Kireyev
- Publication date: December 5, 2017
- Series: Working Paper No. 2017/270
- Pages: 63
- Volume: 2017
- Issue: 270
- DOI: https://doi.org/10.5089/9781484331118.001
- ISBN: 9781484331118
- ISSN: 1018-5941
- Summary statement: The paper reviews Djibouti’s macroeconomic reforms aimed at achieving middle-income status as envisaged in Vision Djibouti 2035, and reviews policy options in three critical reform areas.

### Key themes and findings
- Translating the investment boom into strong and inclusive growth
  - Focus: turning recent investment expansion into growth that reduces poverty and unemployment.
  - Objective: achieve middle-income status as envisaged in Vision Djibouti 2035.
- Fiscal policy to support growth while preserving debt sustainability
  - Focus: designing fiscal policy that balances support for growth with preservation of debt sustainability.
- Role of the business climate in growth acceleration
  - Focus: improving the business environment as an important element for accelerating growth.

### Policy options and areas of reform (as described)
- Translate investment boom into inclusive growth
  - Policies to reduce poverty and unemployment through inclusive growth strategies.
- Fiscal policy calibration
  - Policies to support growth while preserving debt sustainability.
- Business climate reforms
  - Policies to accelerate growth by improving business environment and private sector conditions.

### Subjects and keywords
- Subject: Business environment, Economic sectors, Expenditure, Fiscal policy, Fiscal space, Poverty, Public debt
- Keywords: Business environment, debt ratio, debt sustainability, decision-making framework, Djibouti, East Africa, economic growth, export-led growth, Fiscal space, government consumption multiplier, growth, inclusiveness, inequality, per capita income, poverty line, poverty rate, poverty reduction, public enterprise, reform program, short-term debt, tax burden, WP

*IMF Working Paper No. 2017/270 by Alexei P Kireyev.*

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_Source: https://www.imf.org/en/publications/wp/issues/2017/12/05/djiboutis-quest-for-inclusive-growth-45443_