Djibouti Economy Profile 2013 | glObserver Global Economics

Djibouti Economy Profile 2013.Djibouti is at the crossroads of major sea routes for trading oil and other goods, and wants to become a hub for commercial, logistical and financial services for the Gulf of Aden nations…

GIBS Information Centre / GIBSIC‘s insight:

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  1.     Economic increase speeded up in 2012 with a revival in port activity and better foreign direct investment (FDI).
  2.     The IMF’s extended credit facility ended in May 2012 with an in general satisfactory performance, though maintaining budgetary discipline is a challenge for the government.
  3.     Djibouti has few natural resources and most are undeveloped.

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