Fiscal Year 2027
Capacity Development Activities
Public Debt Management
Developing Domestic Debt Market for Government Securities (May 13-21)
With METAC support, the Ministry of Budget and the Central Bank of Djibouti formulated a comprehensive roadmap that outlines the short-, medium-, and long-term steps and prerequisites for the development of a domestic debt market for government securities in Djibouti (GS Market). The mission facilitated broad stakeholder alignment on capacity development priorities, legal and regulatory enhancements, improvements in cash management, Treasury Single Account (TSA) implementation, market infrastructure development, and strengthened coordination between the Ministry of Budget and the central bank. The roadmap provided a structured framework to guide market development and support a more market-based approach to government financing. METAC helped authorities identify key institutional and market constraints. Authorities confirmed progress on TSA implementation and agreed on priority areas for continued METAC support.
