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Vol 38 No 12

Published 6th June 1997


Djibouti

Unhappy anniversary

The President's men come up against wary donors and a socialist government in Paris

On the eve of the twentieth anniversary of Independence, ministers went to Geneva to ask for help. After two years' wrangling with donors over conditionality, Finance Minister Mohamed Ali Mohamed and his colleagues, at a roundtable organised by the United Nations Development Programme on 29-30 May, asked for US$87 million. Though ministers claim they were promised 90 per cent of this, it is unlikely much will be disbursed. Led by the International Monetary Fund, France and Japan, donors doubted whether the government was willing or able to implement its reform package.

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