Economic Management and Statistics Development for Policy Making

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The objective of the Economic Management and Statistics Development for Policy Making Project for Djibouti is to strengthen the capacity of the National Institute of Statistics of Djibouti (INSD) to produce and disseminate timely and reliable statistics in a sustainable manner and modernize the Recipient's selected economic and fiscal management tools and processes in Djibouti. The Project has three components. 1. Strengthening the capacity of the National Institute of Statistics of Djibouti (INSD) to produce and disseminate timely and reliable statistics in a sustainable manner component will invest in the basics: INSD’s physical and human resources, build capacity of its staff as well as core data collection using best practices. These, in turn, should create the preconditions for INSD to produce and disseminate timely and reliable foundational statistics. 1.1. Operationalization of the National Institute of Statistics of Djibouti (INSD) subcomponent will finance four activities: (a) Upgrade of the physical infrastructure and equipment of the INSD; (b) Strengthening of the INSD institutional framework; (c) Human Resources (HR) policy on staffing; and (d) Training. 1.2. Strengthening statistical production and dissemination subcomponent will finance foundational statistical production and quality improvement activities of INSD. 2. Modernizing the Recipient's selected economic and fiscal management tools and processes component will modernize the Recipient’s selected economic and fiscal management tools and processes. 2.1. Building macroeconomic modeling capacity subcomponent will develop macroeconomic modeling capacity for short, medium, and long-term forecasting, macroeconomic and microeconomic simulation, as well as debt sustainability analysis. 2.2. Budget preparation and investment planning subcomponent will support the Government's commitment to transition toward performance budgeting and Medium-Term Budget Framework (MTBF). 2.3. Debt Management subcomponent will support the revision of the existing public investment framework and the development of a medium-term debt strategy to finance it. A debt management action plan has already been developed with WBG support. 3. Project management component will support the establishment and operation of a Project Management Unit (PMU).