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Djibouti urged to tighten debt controls
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Djibouti urged to tighten debt controls
A new economic assessment recommends that Djibouti implement tighter debt controls, strengthen state-owned enterprises (SOEs), and improve domestic revenue collection to sustain its infrastructure-led growth. The Investment Bank of Africa (IBA) describes Djibouti as a strategically vital gateway for Red Sea trade and commerce linked to Ethiopia. However, the bank warns that years of significant infrastructure investment have increased the nation…
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