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Djibouti - Country assistance strategy (English)

This is the first Country Assistance Strategy (CAS) for Djibouti, whose ultimate objective is a sustainable reduction in poverty. It covers FY01-03, and is based on: 1) direct interventions to reduce poverty, focused on reversing the low educational enrolment rates; addressing health needs, particularly, the epidemic incidence of HIV/AIDS, and tuberculosis; and preparing targeted assistance programs to minimize the impact of adjustment; and 2) measures to provide growth and employment generation, supported through structural reforms to restore competitiveness and private investments, and to develop port infrastructure services for participation in the increased regional transit. The structural adjustment program will reduce poverty over the medium and long term, and, improved budget management and financial sustainability will stabilize the fiscal and macroeconomic framework, through the implementation of pension reforms while, privatization would generate productive employment. The initial base case lending includes an adjustment operation, a health project, and an education project. Provided stabilization and structural reforms remain on track, a high case scenario will follow, adding a new structural adjustment operation with a social protection component. Nonetheless, risks include weak institutional capacity, possible political opposition, and adverse regional unrest.

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    Country Assistance Strategy Document

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    Middle East and North Africa,

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    Djibouti - Country assistance strategy

  • Keywords

    Country assistance strategy; Poverty reduction; Education sector; Health care; HIV viruses; Acquired Immune Deficiency Syndrome; Tuberculosis prevention; Economic growth; Employment generation; Structural adjustment programs; Structural reforms; Competitiveness; Private investments; Infrastructure; Port facilities; Budget management; Financial policy; Fiscal consolidation; Macroeconomic stabilization; Pension reform; Privatization; Lending policy; Social protection systems; Risk management; Institutional capacity; Political power



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Djibouti - Country assistance strategy (English). Washington, D.C. : World Bank Group.