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

Publication Date:

March 21, 2013

Electronic Access:

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Summary:

The article is a review on Djibouti’s Extended Credit Facility (ECF) program and the performance of economic development in the program. The ECF program helped Djibouti to maintain macroeconomic stability, and the period underwent a transformation in the Djiboutian economy. The country saw an economic increase, and the banking system boomed. A positive thought of economic growth is projected in 2012, so plans were targeted to pursue fiscal reforms to improve debt sustainability, strengthening the banking sectors. The authorities of the Executive Board expect another program similar to the ECF.

Series:

Country Report No. 2013/078

Subject:

Notes:

Also available in French

English

Publication Date:

March 21, 2013

ISBN/ISSN:

9781484355923/1934-7685

Stock No:

1DJIEA2013001

Pages:

67

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