Djibouti’s Quest for Inclusive Growth

Alexei Kireyev ()

No 2017/270, IMF Working Papers from International Monetary Fund

Abstract: The paper reviews Djibouti’s macroeconomic reforms aimed at achieving middle-income status as envisaged in Vision Djibouti 2035, the authorities’ development strategy. In this context, the paper reviews policy options available to the authorities in three critical reform areas: translating the investment boom into strong and inclusive growth to reduce poverty and unemployment; fiscal policy to support growth while preserving debt sustainability; and the important role of the business climate in growth acceleration.

Keywords: WP; poverty rate; public enterprise; economic growth; tax burden; growth; inclusiveness; inequality; poverty reduction; Djibouti; per capita income; government consumption multiplier; poverty line; decision-making framework; export-led growth; debt sustainability; short-term debt; reform program; debt ratio; Fiscal space; Business environment; East Africa (search for similar items in EconPapers)
Pages: 63
Date: 2017-12-05
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Citations: View citations in EconPapers (3)

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