Djibouti Engages Global Partners to Accelerate Public Financial Reform

By Unknown Author - Contributor

DJIBOUTI CITY – May 4, 2025 (ADI) — Djibouti’s Minister of Economy and Finance, Ilyas Moussa Dawaleh, convened a high-level consultation this week with international development partners to advance the implementation of the country’s flagship public financial management reform program, PAGEF.

The strategic meeting, held at the Ministry of Finance, brought together representatives from the World Bank, European Union, French Development Agency (AFD), Japan International Cooperation Agency (JICA), and the United Nations Development Programme (UNDP).

A National Transformation Tool

The discussions centered on the progression of PAGEF, a national initiative aimed at strengthening fiscal governance, accountability, and financial efficiency. Minister Dawaleh emphasized the program’s transformative value, stating: “PAGEF is more than a technical plan; it is a tool for changing lives.”

He underscored the importance of aligning domestic efforts with global support systems, stressing that reforms must be institutionalized and inclusive to achieve sustainable development.

Stop Being Jealous and Join Ruto Camp, CS Duale Tells Critics

Afreximbank’s Second Samurai Bond Raises USD 527 Million, Signaling Strong Japanese Investor Confidence

Call for Unified Action

Highlighting recent achievements, Dawaleh reaffirmed Djibouti’s commitment to fiscal discipline and transparency. He called for enhanced coordination among development partners and local institutions to accelerate the reform process.

“Public financial reform is crucial for Djibouti’s economic future. We must ensure responsible and transparent management of national resources through collective effort and shared responsibility,” he noted.

The meeting reflects Djibouti’s growing drive to modernize its financial institutions and integrate international best practices into national economic planning.

Recent Posts

Stop Being Jealous and Join Ruto Camp, CS Duale Tells Critics

Afreximbank’s Second Samurai Bond Raises USD 527 Million, Signaling Strong Japanese Investor Confidence

Governor Abdullahi Calls for Enhanced Health Preparedness in Counties During Holidays

Categories

Djibouti Engages Global Partners to Accelerate Public Financial Reform

Related Articles

From Coup Leader to President: What Michael Randrianirina’s Rise Means for Madagascar’s Democracy

Kenya Prepares to Lay Its Icon to Rest on Sunday this week

Ruto Signs Eight Controversial Bills Into Law