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Djibouti The Indispensable Entity

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Monday June 02, 2014 - 02:55:52 in Articles by Super Admin
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    Djibouti The Indispensable Entity

    Waagacusub.net - Located at the junction between the rifts of the Gulf of Aden, the red sea and east Africa, the Republic Of Djibouti diligently worked too hard to finally become the crucial core for trade and financial services in that important reg

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Waagacusub.net - Located at the junction between the rifts of the Gulf of Aden, the red sea and east Africa, the Republic Of Djibouti diligently worked too hard to finally become the crucial core for trade and financial services in that important region.

Since birth, The Republic of Djibouti was so eager to enhance its weak economy,

but it was actually impractical to recklessly activate the untested adjustment policies,
that could possibly puncture the slow moving tires of the tottering state.


Gradually overcoming the malicious and multidimensional problems of the post colonial
period, the Republic of Djibouti was patiently persisting to achieve its desired goals of
national development. Finally, under the leadership of President Ismail Omar Guelleh,
Djibouti tactfully went through a well-designed imperative reform program, that
remarkably increased the country’s involvement in world trade. That suddenly
accelerated the social, political and economical developments, and remarkably reduced
the poverty level of that country, which seemed unsolvable to many political leaders.

Unbelievably, the government of Djibouti removed the enduring obstacles, and suddenly
increased the access and availability of adequate electricity and water supplies, which
were the two major factors that predominantly prevented the national economic growth
for so many years. Expansion of the seaport, creation of fiscal public administration frameworks, labor market flexibility, pleasing trade policies, considerable tax breaks
and the sustainability of stable currency, complemented the strategic geographic location of the Republic of Djibouti, and made the small east African state, a very attractive economic base to various foreign investors.
Since then, Djibouti was the distribution center point and the vital gateway to Africa.
 

Today, the world’s leading countries are mostly present in Djibouti, and the white house
bilateral meeting between the two presidents of Barack Obama and Ismail Omar Guelleh,
exposed the escalating importance of that east African country.

Though Djibouti shares many common characteristics with its neighboring countries,
the practical experience and the political maturity of President Guelleh, saved his country
from a serious disturbing waves of political instabilities, security desertions, risks of
ethnic based violence and the devastation of armed conflicts that visibly flattened many
other places in that region. Hence, Djibouti is practically gaining from the advantages of
the country’s peaceful environment, rare of its kind in the entire African continent.

 By Ahmed A/Kadir Nur (Shiine)

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