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.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Middle East and Central Asia Department.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2013/078

IMF Staff Country Reports

Language:

English

Subjects (All):

Monetary policy--Djibouti.

Monetary policy.

Djibouti--Economic conditions.

Djibouti.

Physical Description:

1 online resource (68 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2013.

Language Note:

English

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.

Contents:

Cover; Contents; Executive Summary; I. Background and Recent Economic Developments; Text Tables; 1. Main Macroeconomic Indicators, 2008-12; Figures; 1. Selected Economic Indicators, 2007-12; II. Program Performance; 2. End-December 2011 Quantitative Performance Criteria and Preliminary Estimates; III. Policy Discussions; A. Real Sector; B. Fiscal Issues; C. Public Debt; Boxes; 1. Diesel Subsidies; 2. Debt Sustainability Analysis; D. Financial Sector Issues; 2. Bank Deposits, 2007-12; IV. Program Issues and Risks; V. Staff Appraisal; Tables

1. Selected Economic and Financial Indicators, 2009-172. Central Government Fiscal Operations, 2009-12 (In millions of Djibouti francs); 3. Central Government Fiscal Operations, 2009-12 (In percent of GDP); 4. Balance of Payments, 2009-12; 5. Monetary Survey and Banking Sector Indicators, 2008-12; 6. Financial Soundness Indicators, 2000-11; 7. Millennium Development Goals, 1990-2015; 8. Reviews and Disbursements, 2008-12; 9. Indicators of Capacity to Repay the Fund, 2007-22; Appendices; I. Letter of Intent and Memorandum of Economic and Financial Policies

II. Technical Memorandum of UnderstandingIII. Debt Sustainability Analysis Charts and Tables; Contents; I. Relations with the Fund; II. Joint Managerial Action Plan; III. Statistical Issues; IV. Table of Common Indicators Required for Surveillance

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9781484305881

1484305884

9781484336458

1484336453

9781484351598

1484351592