Cover IMF Staff Country Reports
Djibouti: Poverty Reduction Strategy Paper: Annual Progress Report
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2012: Issue 131
Language:
English
Publication Date:
08 Jun 2012
DOI:
https://doi.org/10.5089/9781475504132.002
ISBN:
9781475504132
ISSN:
1934-7685
Pages:
143
Keywords:
ISCR; CR; Djibouti; Initiative Nationale pour le Développement Social; government; Djibouti economy; INDS strategy; State secretariat; PRSP objective; absolute poverty; private sector; Poverty reduction; Global
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The modern economy of the Republic of Djibouti is based on rents directly or indirectly originating from the international port of Djibouti and from the country’s strategic position. The Poverty Reduction Strategy Paper discusses that the growth recorded over the last five years is essentially driven by the increase in foreign direct investment—but especially by the activities of the Port of Djibouti. The informal economy constitutes a major proportion of the economic activities of Djibouti and provides a livelihood for much of the Djibouti population.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2012: Issue 131