IMF Staff Country Reports

Djibouti: Staff Report for the 2003 Article IV Consultation

March 19, 2004

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Format: Chicago

International Monetary Fund. "Djibouti: Staff Report for the 2003 Article IV Consultation", IMF Staff Country Reports 2004, 073 (2004), accessed April 24, 2025, https://doi.org/10.5089/9781451810615.002

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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

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