Djibouti: 2014 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti

December 15, 2015

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Djibouti: 2014 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Djibouti, (USA: International Monetary Fund, 2015) accessed November 23, 2024

Summary

This 2014 Article IV Consultation highlights that Djibouti is undergoing an investment boom that would accelerate economic growth. Aggregate investment is projected to rise from 26 percent of GDP in 2010–13 to 52 percent in 2014–16. GDP growth is expected to rise from 6 percent in 2014 to about 7 percent in 2015–19. Inflation is projected to pick up from 3 percent in 2014 to 3.3 percent in 2015–19 as the large investment spending fuels demand for housing and basic services. Central bank gross foreign assets are projected to remain strong, permitting full currency board coverage over the period 2015–19.

Subject: Banking, Budget planning and preparation, Debt service, Debt sustainability analysis, External debt, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)

Keywords: Aggregate investment, Authority, Budget planning and preparation, Central bank, CR, Debt, Debt service, Djibouti's authorities, Emerging market economy status, Financing, Global, Government plan, Interest rate, ISCR, Public and publicly-guaranteed external debt

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/338
Stock No:

1DJIEA2015001
ISBN:

9781513538570
ISSN:

1934-7685

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