Executive Board
Calendar
Board Discussions
on Djibouti:

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July 19, 2013
May 23, 2012
February 6, 2012
January 7, 2011
June 17, 2009

Article IV Staff Reports



Projected % Change
   2014  2015
Real GDP 6 6.5
Consumer Prices 2.5 2.5
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Djibouti: Financial Position in the Fund

Transactions with the Fund


IMF Resident Representative
Office in Djibouti

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Djibouti and the IMF
Updated April 13, 2014

On July 19, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the consideration of the Article IV consultation with Djibouti.

Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities.

At the time of circulation of the Djibouti staff report to the Board, the Djibouti authorities indicated that they needed more time to consider whether they would consent to the Fund’s publication of the staff report. Publication will only proceed upon receipt by the Fund of the Djibouti authorities’ explicit consent.

The last Article IV Executive Board Consultation was on July 19, 2013. Listed below are items related to Djibouti, in reverse chronological order (you can also view items by category).

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April 12, 2014 -- New Transcript of the African Finance Ministers Press Conference
April 12, 2014 -- New IMF Survey : Energy Revenues to Help Africa Trim ‘Infrastructure Gap’
New revenue streams from oil and gas would be devoted to investments in roads, railways, ports, and power, African finance officials say. They tell a news briefing that Africa’s “infrastructure gap” will have to be overcome to help achieve inclusive growth.
April 11, 2014 -- New IMFC Statement by Christophe Akagha-Mba, Minister of Economy and Prospective, Gabon
On behalf of: Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Djibouti, Gabon, Guinea, Republic of Equatorial Guinea, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 645Kb
July 31, 2013 -- Press Release: IMF Executive Board Concludes 2013 Article IV Consultation with Djibouti
April 20, 2013 -- IMFC Statement by Luc Oyoubi, Minister of Economy, Employment and Sustainable Development, Ministere de l'Economie, de l'Emploi et du Developpement Durable, Gabon
On behalf of: Burundi, Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Djibouti, Gabon, Guinea, Republic of Equatorial Guinea, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 212Kb
April 03, 2013 -- IMF Program Note on Djibouti
Program Note on Djibouti
March 21, 2013 -- 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
Series: Country Report No. 13/78
Notes: Also available in French
July 24, 2012 -- Djibouti: Fifth Review Under the Extended Credit Facility Arrangement, Request for Augmentation of Access and Rephasing, Request for Waivers of Nonobservance of Performance Criteria, and Request for Waiver of Nonobservance of Performance Criterion Resulting in Noncomplying Disbursement - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Djibouti.
Series: Country Report No. 12/197
Notes: Also available in French
July 10, 2012 -- Djibouti: Fourth Review Under the Extended Credit Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria - Staff Report and Press Release.
Series: Country Report No. 12/169
Notes: Also available in French
June 08, 2012 -- Djibouti: Poverty Reduction Strategy Paper - Annual Progress Report
Series: Country Report No. 12/131
May 24, 2012 -- Press Release: IMF Executive Board Completes Sixth and Final Review Under the Extended Credit Facility Arrangement for Djibouti and Approves US$9.5 million Disbursement
May 09, 2012 -- Djibouti -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 09, 2012
Also available in French PDF File Size: 564Kb
March 29, 2012 -- Press Release: Statement by the IMF Mission at the Conclusion of Its Visit to Djibouti
February 14, 2012 -- Press Release: The Republic of Djibouti Begins Participating in the IMF’s General Data Dissemination System
February 06, 2012 -- Press Release: IMF Executive Board Completes Fifth Review Under Djibouti's Extended Credit Facility Arrangement and Approves Request for Augmentation of Access and US$ 9.7 Million Disbursement
January 25, 2012 -- Djibouti -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 25, 2012
Also available in French PDF File Size: 296Kb
August 24, 2011 -- IMF Survey: IMF in Talks on Financing Boost for Drought-hit Africa
The IMF, welcoming international support for drought-hit countries in the Horn of Africa, is discussing with Djibouti and Kenya increasing existing loans to the two East African countries as part of the response. The IMF’s African Department head says there is also room to boost disaster-relief aid effectiveness.
July 08, 2011 -- Press Release: IMF Executive Board Completes Fourth Review Under Djibouti's Extended Credit Facility Arrangement and Approves US$2.35 Million Disbursement
June 23, 2011 -- Djibouti -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 23, 2011
PDF File Size: 372Kb
June 16, 2011 -- Press Release: Concluding Statement by IMF Mission to Djibouti

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