Djibouti’s Economy Shows Strong Growth in 2023 Despite Fiscal Challenges
Djibouti’s economy achieved an impressive rebound in 2023, outperforming forecasts with GDP growth estimated at 6.7 percent. The country benefited from a recovery in Ethiopia’s growing demand for port and logistics services. Additionally, domestic demand remained strong, supported by a recovery in private investment and government measures to mitigate the effects of inflation caused by the Russian invasion of Ukraine. Shipping disruptions in the Red Sea have had mixed impacts […]