Central Bank Of Djibouti
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Central Bank Of Djibouti
The Central Bank of Djibouti (french: Banque Centrale de Djibouti) is the monetary authority of Djibouti. It is responsible for managing the country's currency, the Djiboutian franc, as well as the national foreign exchange position and accounting. Duties Objectives of the Central Bank of Djibouti include: * To issue and redeem notes and coins * To supervise, regulate and inspect any financial institution which operates in and from within Djibouti * To promote the financial stability and soundness of financial institutions * To supervise, regulate or approve the issue of financial instruments by financial institutions or by residents * To assist with the detection and prevention of financial crime * To foster close relations between financial institutions themselves and between the financial institutions and the Government * To manage exchange control and regulate transactions in foreign currency or gold on behalf of the Government * To advise and assist the Government and ...
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Djibouti (city)
Djibouti (also called Djibouti City and in many early English texts and on many early maps, Jibuti; so, Magaalada Jabuuti, french: link=no, Ville de Djibouti, ar, مدينة جيبوتي, aa, Gabuutî Magaala) is the eponymous capital of Djibouti, and has more people than the rest of Djibouti combined. It is located in the coastal Djibouti Region on the Gulf of Tadjoura. Djibouti has a population of around 600,000 inhabitants, which counts for 54% of the country's population. The settlement was founded in 1888 by the French, on land leased from the ruling Somali and Afar Sultans. During the ensuing period, it served as the capital of French Somaliland and its successor the French Territory of the Afars and Issas. Known as the ''Pearl of the Gulf of Tadjoura'' due to its location, Djibouti is strategically positioned near the world's busiest shipping lanes and acts as a refueling and transshipment center. The Port of Djibouti is the principal maritime port for imports to and ...
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Djama Mahamoud Haid
Djama is a surname. Notable people with the surname include: * Darar Djama Aboubaker (born 1989), Djiboutian footballer * Houssein Djama (born 1968), Djiboutian middle-distance runner * Nima Djama (born 1948), Djiboutian composer and singer * Sofia Djama Sofia Djama is an Algerian film director. Her 2017 feature film debut, ''The Blessed'', won three awards at the Venice Film Festival, including the Brian Award, given to the film which "best champions human rights, democracy, pluralism and freedo ...
(born 1979), Algerian film director {{surname ...
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Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ...
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Banks Of Djibouti
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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List Of Central Banks
. Central banks Central banks Central banks This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*). Disappeared central banking jurisdictions * – Bank of Amsterdam (1609-1791) * – Taula de canvi de Barcelona (1401-1714) * – East African Currency Board (1919-1966) * – (''Hrvatska Državna Banka'', 1941-1945) * – National Bank of Czechoslovakia (1926–1939 and 1945-1950) and State Bank of Czechoslovakia (1950–1992) * – (1854-1875) * – Bank of Saint George (1407-1805) * – (1948-1968) and Staatsbank der DDR (1968-1990) * – Hamburger Bank (1619-1875) * – Bank of Korea (1909–1950) * – Central Bank of Manchou (1932-1945) * - Bank of Issue in Poland (1940-1945) * – (1765-1846) and (1847-1875) * – (1849-1861), itself formed through the merger of (1846-1849) and Banca di Torino (1847-1849) * – National Bank of Vietnam (1954-1975) * – Banco di Napoli, under di ...
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Economy Of Djibouti
The economy of Djibouti is derived in large part from its strategic location on the Red Sea. Djibouti is mostly barren, with little development in the agricultural and industrial sectors. The country has a harsh climate, a largely unskilled labour force, and limited natural resources. The country's most important economic asset is its strategic location, connecting the Red Sea and the Gulf of Aden. As such, Djibouti's economy is commanded by the services sector, providing services as both a transit port for the region and as an international transshipment and refueling centre. From 1991 to 1994, Djibouti experienced a civil war which had devastating effects on the economy. Since then, the country has benefited from political stability. In recent years, Djibouti has seen significant improvement in macroeconomic stability, with its annual gross domestic product improving at an average of over 3 percent since 2003. This comes after a decade of negative or low growth and is attr ...
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Central Banks And Currencies Of Africa
There are two African currency unions associated with multinational central banks; the West African Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des États de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender. Below is a list of the central banks and currencies of Africa. See also * Africa * Economy of Africa * List of African countries by GDP (nominal) * List of African stock exchanges * List of currencies in Africa African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced thei ... References World Economic Outlook Database, October 2012 International Monetary Fund. Accessed on October 10, 2013. {{DEFAULTSORT:Central Banks And Currencies Of Africa Africa-related lists Currencies of Africa
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Ahmed Osman Ali
Ahmad ( ar, أحمد, ʾAḥmad) is an Arabic male given name common in most parts of the Muslim world. Other spellings of the name include Ahmed and Ahmet. Etymology The word derives from the root (ḥ-m-d), from the Arabic (), from the verb (''ḥameda'', "to thank or to praise"), non-past participle (). Lexicology As an Arabic name, it has its origins in a Quranic prophecy attributed to Jesus in the Quran which most Islamic scholars concede is about Muhammad. It also shares the same roots as Mahmud, Muhammad and Hamed. In its transliteration, the name has one of the highest number of spelling variations in the world. Though Islamic scholars attribute the name Ahmed to Muhammed, the verse itself is about a Messenger named Ahmed, whilst Muhammed was a Messenger-Prophet. Some Islamic traditions view the name Ahmad as another given name of Muhammad at birth by his mother, considered by Muslims to be the more esoteric name of Muhammad and central to understanding his nat ...
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Abdi Mohamed Luc Aden
Abdi is a male name. It is a given name used in several countries with different origins. The Oromo version of the name, used within Ethiopia, translates to ‘Hope’. Among others, one version has Arabic has meaning which is loosely translated as 'servant of God'. Arabic name While Arabic speakers commonly use ''Abdu' (‎ / ') rather than ''Abdi'', both are nicknames for ''Abdul''. It originates from the Arabic word '' / / ''. The name translates as "servant of God" in reference to religious submission to Allah (God). As such, it is often used by Muslims around the world in conjunction with one of the names of God in Islam, but also sometimes on its own. Biblical name Abdi is the name of three men in the Hebrew Bible. In Hebrew, ''Abdi'' (עַבְדִּ֖י) literally means "my servant", but may be an abbreviation for "servant of "Yahweh". *In ''Abdi'' is a Levite of the family of Merari. *In ''Abdi'' is a Levite in the time of King Hezekiah of Judah. This may be the sa ...
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State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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Government Of Djibouti
Politics of Djibouti takes place in a framework of a presidential representative democratic republic, whereby the executive power is exercised by the President and the Government. Legislative power is vested in both the Government and the National Assembly. The party system and legislature are dominated by the socialist People's Rally for Progress. In April 2010, a new constitutional amendment was approved. The President serves as both the head of state and head of government, and is directly elected for single six-year term. Government is headed by the President, who appoints the Prime Minister and the Council of Ministers on the proposal of the latter. There is also a 65-member chamber of deputies, where representatives are popularly elected for terms of five years. Administratively, the country is divided into five regions and one city, with eleven additional district subdivisions. Djibouti is also part of various international organisations, including the United Nations and Ara ...
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Accounting
Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms. Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement ...
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