Law No. 118/AN/11/6th Session Amending the Statutes of the Central Bank of Djibouti

Law No. 118/AN/11/6th Session establishes the legal statutes of the Central Bank of Djibouti, defining it as a public establishment with legal personality and financial autonomy. The law sets the bank's capital at 400 million Djiboutian francs, fully subscribed by the State, and outlines its general mission to ensure national currency stability and the proper functioning of the banking system. It grants the Central Bank exclusive authority to issue banknotes and coins, regulates its relationship with the National Treasury by prohibiting direct credit, and defines the composition and powers of its Governing Council and Governor.

Djibouti

Banque Centrale de Djibouti