IMF Staff Country Reports

Côte d'Ivoire: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Côte d'Ivoire

July 27, 2010

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Côte d'Ivoire: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Côte d'Ivoire, (USA: International Monetary Fund, 2010) accessed November 23, 2024

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Summary

Economic activity strengthened in Côte d’Ivoire in 2009, but it is expected to decelerate. Financial performance under the Extended Credit Facility-supported program was broadly satisfactory. Good progress was made in restructuring external debt. The program is in line with the agreed reform goals, but reflects the constraints imposed by the pre-election political situation. Tight expenditure management remains critical for the success of the program. Structural reforms are essential to strengthen growth. The risks to the program are high but manageable.

Subject: Arrears, Banking, Expenditure, External debt, Public debt, Revenue administration

Keywords: Arrears, Authority, CR, ECF arrangement, ISCR, Reform, Release audit team, Settlement plan, Staff appraisal, Utility bill, West Africa

Publication Details

  • Pages:

    86

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/228

  • Stock No:

    1CIVEA2010002

  • ISBN:

    9781455205844

  • ISSN:

    1934-7685

Notes