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Djibouti
Real GDP growth fell to 3.7% in 2022 from 4.8% in 2021 due to reduced port traffic attributable to the Tigray war and lower public investment. In 2022, the socioeconomic impacts of the COVID-19 pandemic eased, and inflation rose to 5.3% from 1.2% in 2021 due mainly to higher food prices. Expansionist monetary policy aims to support economic activity and counteract the impact of numerous external shocks.
Key Facts
Flag:
Capital:
Djibouti
Population 2023:
990,000
Date of membership:
12 January 1978
Bank intervention strategy
- Priority area 1 - Development of socio-economic infrastructure in the energy and health sectors.
- Priority area 2 - Support for good governance through institutional capacity building.
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Contacts
Regional Development, Integration and Business Delivery Office (RDIB)
Mr. Ahmed Mahmoud ZAYED, Executive Director
Ms Miral A. SELIM, Senior Advisor
Mr. Sherif EISSA, Advisor
Mr. Ali MOHAMED ALI, Alternate Executive Director
African Development Bank Group
Khushee Tower
Longonot Road, Upper Hill
Nairobi, Kenya
Phone: (+254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (+254) 20 2712938