Rule · BCD · 15 Jan 2017
The President of the Republic and Head of Government of Djibouti issued Decree No. 2016-278/PRIMEF to formally appoint nine members to the Board of Directors of the Partial Credit Guarantee Fund (FGPCD). The decree designates representatives from key state institutions, economic chambers, and professional associations to serve three-year terms subject to automatic renewal. It further confirms that the board's operational mandate and competencies remain governed by Articles 8 through 11 of Decree No. 2016-095/PRMEFI, with the Minister of Economy, Finance and Industry tasked with its execution and publication in the Official Journal.
Republic of Djibouti
Unity - Equality - Peace
Visa: /
2016-278/PRIMEF
Decree No. -----------------
Appointing Members of the Board of Directors of the Partial Credit Guarantee Fund of Djibouti
The President of the Republic
Head of Government
Having reviewed:
On the proposal of the Minister of Economy, Finance and Industry
DECREE NO. 2016-278/PRIMEF
DECREES
Article 1: The Board of Directors of the Partial Credit Guarantee Fund of Djibouti shall be composed as follows:
Article 2: The mission, functioning, and competencies of the Board of Directors are defined in Articles 8, 9, 10, and 11 of Decree No. 2016-095/PRMEFI on the organization and functioning of the FGPCD.
Article 3: Members of the Board of Directors are appointed for a term of three years, renewable by tacit renewal.
Article 4: The Minister of Economy, Finance and Industry is responsible for the execution of this Decree.
Article 5: This Decree shall be published and disseminated according to standard procedures in the Official Journal.
7 OCT 2016
Done at Djibouti, on .
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“Constitutional Law No. 92/AN/1016th Session dated 21 April 2010 amending the Constitution”
“Decree No. 2016-095/PRMEFI on the organization and functioning of the FGPCD”
“Law No. 119/AN/11/6th Session dated 22 January 2011 on the establishment and supervision of credit institutions and financial auxiliaries”
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Source: Banque Centrale de Djibouti — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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