Mobilization of Financial Resources

The Republic of Djibouti benefits from numerous financings, in the form of loans and donations, which allow vital projects to see the light of day and put the country firmly on the path of development. The Ministry of Economy and Finance in charge of Industry (MEFI), as responsible for « relations with development partners », works tirelessly to increase the mobilization of funds from donors, improve the implementation implementing development projects, and strengthening the effectiveness and coordination of the country’s development assistance.

Thanks to the concerted efforts and hard work of sector ministries, implementing agencies and donors, Djibouti is mobilizing and implementing more funding than ever. MEFI has also initiated in-depth work with all stakeholders in order to improve programming, implementation, monitoring and evaluation, and aid coordination in Djibouti.

Government-Partner Dialogue Framework

The purpose of the Dialogue Framework is to facilitate the mobilization, coordination and effective use of external aid contributing to the implementation of national development policy.

In particular, a Dialogue Framework makes it possible to:

  • Associate the TFPs with the government’s strategic orientations, such as the Djibouti Vision 2035 and the Accelerated Growth Strategy for the Promotion of Employment (SCAPE) 2015-2019;
  • Facilitate the implementation of projects, by quickly addressing deadlines, simplifying procedures, and developing joint funding;
  • Boost the effort to mobilize resources, by agreeing on coherent action strategies, by sharing project ideas, by maximizing the comparative advantages of partners, and by avoiding duplication, sources of frustration; < / li>
  • Decompartmentalize the actors, both on the administrative side and the TFPs, so that together they can contribute to job-generating growth and work in favor of the poorest populations;
  • Agree on a common approach to monitoring and evaluation of development strategies and operations.

Insurance Industry Regulation

Insurance is an operation by which a person (the insurer) undertakes to provide a service, within the framework of an insurance contract, for the benefit of another individual (the insured) during the occurrence of a risk and subject to the payment of a contribution or a premium. Risk is the object of insurance. An insured person takes out insurance to protect himself against harmful events (illness, fire, theft, death, etc.) or against the risks linked to certain objects he owns (automobile, home, etc.).

The national market is made up of two insurance companies under national law and an economic interest grouping GIE called Pool assurances.

The products sold are: automobile liability insurance, accident and sickness insurance, general liability, fire, transport, various risks.

The insurance activity in Djibouti is governed by texts of laws and decrees whose insurance and financial sector monitoring department strictly monitors the strict application of these texts.

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Donors’ Round Table

Analysis of funding by donor

Bilateral donors represent almost two thirds of the amounts allocated to external under-funding projects. Indeed, bilateral donors represent 56% of investments while multilateral donors represent only 44%.




Bilateral Donors

Source of funding according to Donors Allocated amounts in FDJ Breakdown of funding by type of Donor as a percentage
Multilateral Donors 211 715 853 606 44%
Bilateral donors 266 408 145 098 56%
TOTAL 478 123 998 704 100%


Among the bilateral donors, China is the country’s largest financial partner. Indeed, its contribution to the public investment program is substantial and allows our country to% have average gross domestic product growth of more than 7% for this decade. It has invested 84% of the resources mobilized on major infrastructure projects in Djibouti. All other bilateral donors weigh in at around 17%.

A. People's Republic of China

Bilateral Donors Amount Allocated in Millions of FDJ Percentage distribution
China 223 927 84%
Saudi Arabia 8 657 3%
India 8 727 3%
France 14 493 5%
USA 8 830 3%
Italy 1 774 1%
Total 266 408 100%


B. Saudi Arabia

TITLE / SECTOR Lessor END TYPE Allocated amount
(million FDJ) 		Cash disbursed
(million FDJ) 		Disbursement rate
In percentage
Project for the supply of drinking water in Ethiopia EXIM-BANK READY 57 163 61 826 108.2%
Doraleh MultipurposePort EXIM-BANK READY 61 213 54 594 89.2%
Goubet port reconstruction project EXIM-BANK READY 11,400 9 388 82.4%
Ethiopia Djibouti Railways Power Suplly Projects EXIM-BANK READY 4 339 2 926 67.4%
project to construct a new railway line connecting Djibouti-Ethiopia EXIM-BANK READY 87 146 73 753 84.6%

Total China

& nbsp; 221 & nbsp; 261 202 & nbsp; 488 86%




C. India

TITLE / AREA

Landlord

TYPE OF END Allocated amount
(million FDJ) 		Cash disbursed
(million FDJ) 		Disbursement rate
In percentage
Saday FS Dam Project FSD

Don

267

170

63.7%

Construction project of the Port of Tadjoura FSD

READY

4,430 1,417 32.0%

Project to build the Port of Tadjoura Additional Financing FSD

READY

1,063 0

0.0%

Rehabilitation of the Djibouti-Tadjourah road FSD

READY

4,806 0

0.0%

Construction of social housing 1000 housing FSD

READY

5,316 229

4.3%

Construction project of 15 multi-sports fields FSD

Don

355

134

37.7%

FDED

FSD

READY

885

234

26.4%

Total Saudi-Arabia 12316 2,184 23%



TITLE / AREA

Landlord

TYPE OF END Allocated amount
(million FDJ) 		Cash disbursed
(million FDJ) 		Disbursement rate
In percentage
Ali-Sabieh Cement Plant 2nd, 3rd Line of Credit EXIM / INDIA

READY

6,954 1 & nbsp; 304

& nbsp;
18.8%
Ali-Sabieh Cement Plant 4th Line of Credit EXIM / INDIA

READY

2,711 400

& nbsp;
14.7%
Total India 9 & nbsp; 665

1 & nbsp; 704

17%


D. France

INTITULE/SECTEUR Bailleur TYPE DE FIN Montant alloué
(millions FDJ)		 Tirage décaissé
(millions FDJ)		 Taux de décaissement
En pourcentage
Projet de traitement des déchets solides AFD DON 1 386 514 37,1%
Projet de dev. Social & d’aménagement urbain  des quartiers de Balbala (PREPUD) ADDS_CDJ3004* AFD DON 1 232 1 231 99,9%
Projet Appui réforme Enseig. Gene & Form Prof (PAEFP) AFD DON 1 200 434 36,2%
Projet Education Nationale AFD DON 1 380 0 0,0%
Projet d’Appui à la Professionalisation des jeunes et des entreprisesde la filière transport-logistique-portuaire AFD DON 1 886 235 12,5%
Projet d’Amélioration santé maternelle et infantile _CDJ 1085 AFD DON 1 400 0 0,0%
Projet Fonds d’Etude N°2 AFD DON 112 112 99,9%
Projet Fonds d’Etude N°3 (FERC 3) _CDJ 1076 AFD DON 60 40 66,1%
Projet Fonds d’Etude N°4 (CDJ 1087) _FERC 4 AFD DON 60 2 4,0%
Programme de Renforcement des Capacités Commerciales_(PRCC) CDJ 1088 AFD DON 400 56 14,1%
Projet production d’énergie géothermique_CDJ 1077 AFD DON 500 0 0,0%
Total France 9 616 2 625 34%

Multilateral Donors


Multilateral lessor Amount Allocated in millions of FDJ Percentage
IDB

44 189 24%

AFESD

36,540 20%

KFAED

26,922 14%

FEDICE

25,266 14%

IDA / SEFA / GAVI

16,673 9%

ADB

14,184 8%

United Nations Systems 22,815 12%

Total Multi 186 288 100%


a) Disbursement of UNDP projects in 2017




b) Situation of the African Development Bank (AfDB) Portfolio as of March 19, 2018 in US Dollars

PIP sector Disbursements 2017 in USD Disbursements 2017 in FDJ
Total

11,480,623 2,040 106,707


TITLE

Allocated amount Amount disbursed Disbursement rate
Total AfDB 49 628 039.72 12 856 034.65 25.9%


c) Islamic Development Bank (IDB)

TITLE Lessor END TYPE Allocated amount (in million FDJ) CASH AMOUNT
(in millions FDJ) 		Disbursement rate
DRYLAND Drylands Regional East Program IDB

READY

889

454

51.1%

Djibouti / Loyada Road Construction Project (Road Construction) IDB

READY

1,777 1,724 97.0%

Underwater cable project IDB

READY

2,924 1,475 50.5%

Construction project for a commercial and residential center IDB

READY

1,511 621

41.1%

Balbala Urban Poverty Reduction Project (PREPUB) ADDS IDB

READY

1,510 499

33.0%

Capacity building and dev. Institu. ADDS and communities IDB

READY

394

0

0.0%

National Education Development Project (Bilingual Education) IDB

READY

1,115 430

38.6%

Oncology project IDB

READY

889

101

11.4%

CNSS Hospital IDB

READY

4412

0

0.0%

Total

IDB

READY 11 009 5,305 48.2%

d) Arab Fund for Economic and Social Development (FADES)

INTITULE Bailleur TYPE DE FIN Montant alloué
(millions FDJ)		 MONTANT DÉCAISSÉ
(en millions FDJ)		 Taux de décaissement
Réhabilitation des Infrastructures d’Eau FADES PRÊT 4 300 4 176 97,1%
Réhabilitation des Infrastructures d’Eau complémentaire FADES PRÊT 6 273 3 730 59,5%
Réhabilitation des Infrastructures d’Eau III FADES PRÊT 11 749 244 2,1%
Projet de construction du Port de Tadjourah FADES PRÊT 6 397 1 902 29,7%
Projet du Port de Tadjourah II FADES PRÊT 1 244 701 56,4%
Construction de logements sociaux FADES PRÊT 3 720 0 0,0%
Projet FDED (Fin, Des projets de petites et moyennes entreprises) FADES PRÊT 1 777 490 27,6%
Projet FDED (PME/PMI) FADES PRÊT 3 554 400 11,3
INTITULE Bailleur TYPE DE FIN Montant alloué
(millions FDJ)		 MONTANT DÉCAISSÉ
(en millions FDJ)		 Taux de décaissement
Construction Université FADES PRÊT 2 932 1 632 55,7%
Energie Jaban as FADES PRÊT 5 758 6 0,1%
TOTAL FADES   47 704 13 281 27,8%

e) European Development Fund (EDF)

TITLE

Landlord

TYPE OF END Allocated amount CASH AMOUNT
(in million FDJ) 		Disbursement rate
SHARE: securing pastoral systems in Djibouti EDF / EC

Don

1,200 673

56.1%

SUPPORT FOR RESILIENCE OF RURAL POPULATIONS EDF / EC

Don

5,403 0

0.0%

World Alliance against Climate Change EDF / EC

Don

600

107

17.8%

Drinking Water Production by Desalination and Renewable Energies EDF / EC

Don

11,500 0

0.0%

SHARE: Improving access to drinking water in peri-urban areas EDF / EC

Don

1,600 0

0.0%

Balbala liquid sanitation EDF / EC

Don

1,040 267

25.6%

New Technical Cooperation Facility EDF / EC

Don

312

181

58.1%

EU-Djibouti Cooperation Implementation Support Project (PAMOC) EDF / EC

Don

400

226

56.4%

COMESA / IRCC

EDF / EC

Don

138

64

46.5%

Total

EDF / EC

Don

25266

1,518 29.0%

f) IDA

INTITULE Bailleur TYPE DE FIN Montant alloué MONTANT DÉCAISSÉ
(en millions FDJ)		 Taux de décaissement
Projet PRODERMO  I & II IDA DON 2 897 1 654 57,1%
Projet PRODERMO III IDA PRÊT 1 493 142 9,5%
Projet de système d’analyse et de suivi des risques désastres naturels IDA DON 160 0 0,0%
Résorption des bidonvilles IDA DON 263 0 0,0%
Projet de Réduction de la Pauvreté urbaine de Djibouti (PREPUD) ADDS +additionnel IDA DON 1 048 1 017 97,0%
Projet de Réduction de la Pauvreté urbaine de Djibouti (PREPUD) ADDSII IDA PRÊT 1 066 374 35,1%
Projet de Renforcement des filets sociaux du Programme d’assistancesocial IDA DON 647 100 15,5%
Projet des filets Sociaux additionnel IDA DON 889 260 29,3%
Projet de Renforcement des filets Sociaux II IDA PRÊT 889 579 65,1%
Projet d’impacts liés aux déplacements dans la corne de l’Afrique IDA PRÊT 0 0 0,0%
Projet Amélioration des capacités institutionnelles de l’Education IDA DON 1 066 486 45,6%
Projet Accès à l’Education de qualité IDA DON 675 343 50,8%
Projet PAPSS IDA PRÊT 1 242 936 75,3%
Projet PAPSS II IDA DON 1 244 514 41,4%
Strengthening Accountability for Efficient andTransparent Public Expenditure Implementation IDA DON 59 14 23,4%
Projet de professionnalisation et renforcement des capacités du marchépublic IDA DON 62 24 38,7%
Projet Promotion de l’Emploi des Jeunes et de l’Artisanat/PROPEJA IDA  
DON		 480 146  
30,4%
Projet de développement du secteur privé /gouvernance IDA PRÊT 355 168 47,2%
Projet EDAM IV IDA DON 89 54 60,4%
production d’énergie géothermique IDA PRÊT 1 066 179 16,8%
 Projet d’ElectrificationDurable et d’Accès à l’Electricité IDA PRÊT 4 197 0 0,0%
TOTAL IDA DON 19 464 10 026 0,51%