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Djibouti: First Review Under the Staff-Monitored Program International Monetary Fund

Djibouti: First Review Under the Staff-Monitored Program

International Monetary Fund

Published November 24th 2004
ISBN : 9786613751096
ebook
44 pages
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 About the Book 

1. The political situation remains stable, despite renewed tension at the border with Eritrea. President Guelleh was reelected in 2005 for a second six-year term. The ruling partys coalition won all seats in the February 2008 parliamentary electionsMore1. The political situation remains stable, despite renewed tension at the border with Eritrea. President Guelleh was reelected in 2005 for a second six-year term. The ruling partys coalition won all seats in the February 2008 parliamentary elections as the opposition boycotted the polls. The prime minister and the minister of finance were reappointed to the new cabinet formed in March 2008. Renewed stress in the relations with Eritrea resulted in troop deployments and, in June 2008, border clashes resulting in several casualties. Nevertheless, the risk of escalation appears limited and a prompt and peaceful resolution is likely.