Djibouti: Staff Report for the 2003 Article IV Consultation

March 19, 2004

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Djibouti: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Summary

An important challenge for Djibouti is to implement a comprehensive strategy to promote private investment and job creation to reduce poverty. The medium-term macroeconomic outlook is dominated by the authorities' plan to launch a public investment program along with the planned construction of a new deep water seaport. The authorities have improved the expenditure control and monitored the framework, but could further enhance the transparency of public finance. Although Djibouti improved its macroeconomic database in recent years, its statistical system continues to fail owing to changes in quality, frequency, and dissemination.

Subject: Arrears, Commercial banks, Expenditure, External debt, Poverty, Poverty reduction strategy, Public investment spending

Keywords: Arrears, CR, Discussion, Djibouti authorities, ISCR, Poverty reduction strategy, Public investment spending, Staff appraisal, Staff of a draft Memorandum of Economic and Financial Policies, Staff visit, Staffs recommendation, Sub-Saharan Africa

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/073
Stock No:

1DJIEA0012004
ISBN:

9781451810615
ISSN:

1934-7685

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