According to the IMF, recovery was supported by the 2022 peace agreement in Ethiopia, which generated a significant expansion in port activities, train traffic, construction, and energy production.
Browsing: Djibuti
The growth of the Arab country in Africa moderated in 2022 relative to the previous year, but the economy started to rebound this year on the back of the peace agreement with Ethiopia. Inflation remains below regional trends, and port activity has increased.
Port-related infrastructure investments have ensured the growth of the Arab country in recent years, but the COVID-19 pandemic and the conflict in neighboring Ethiopia are major challenges.
Publishing house Tabla is bringing a new book to the country, Why Do You Dance When You Walk? by Abdourahman Waberi.
The Brazilian Cooperation Agency sent a supply of Azithromycin 500 mg, an essential medication, to the Arab country in Africa. The donation was made as humanitarian aid.
“Youth” was the first feature film made in the Arab country and can be watched on the Supo Mungam Plus platform with Portuguese subtitles.
Six of the region’s economies are among the top 20 improvers in the World Bank’s ease of doing business list: Bahrain, Djibouti, Jordan, Kuwait, Qatar and Saudi Arabia.
According to IMF, the country is expected to grow 6% annually in the medium term, driven mainly by private investment and exports.
The World Bank released a report this Wednesday. Brazil went from 125th to the 109th position. The UAE is among the top 20 countries for the first time.
