21/12/1996 The Indian Ocean Newsletter N°746

DJIBOUTI

APPEAL FOR IMF CLEMENCY

The lateness in obtaining aid from France (FFr.28 million) and the European Union (ECU 3.5 million), added to the difficulties proper to checking expenditure and administration of Djibouti's Treasury, have engendered economics results at the end of September 1996 not conforming to the undertakings taken by Djibouti with the International Monetary Fund. (...)   [333 words]   [€5]
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