The Governor of the Central Bank gave an interview to the financial newspaper Banker África, in which he spoke of the strategic priorities of the development of the Central Bank and the roles of regional Gateway to East Africa he said ``Due to its geographic location, Djibouti is naturally positioned to serve as a gateway for East Africa to the world, particularly Asia and Europe. Djibouti’s development strategy already includes a broad platform of services and logistics to exploit its natural advantage.
In line with this strategy, the financial sector needs to expand and solidify to provide sufficient depth and robustness to support the intensity of the economic development model, which must extend its influence across a vast economic space. Thus, having a broad, solid and modern financial industry is a fundamental objective that we have been continuously working towards over a decade. The supply of the financial sector must be able to respond to the challenges posed by the country’s current economic development, while also capturing all the opportunities provided by the vast economic area of the Greater Horn of Africa.
In practical terms, this vision is reflected in operational plans that give rise to considerable reforms and investments, which I mentioned earlier; a robust and secure financial ecosystem framed by efficient regulation``
the link is / http://www.cpifinancial.net/flipbooks/BA/2017/42/#20
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