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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

Abstract
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
Table Of 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
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (68 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781484336458

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