Côte d’Ivoire: Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document

June 18, 2009

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Côte d’Ivoire: Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document, (USA: International Monetary Fund, 2009) accessed December 22, 2024

Also available in: français

Summary

This paper examines Côte d’Ivoire’s debt sustainability analysis undertaken in connection with the Enhanced Initiative for Heavily Indebted Poor Countries. The crisis years led to a substantial increase in poverty and deterioration in living standards. The March 2007 Ouagadougou Political Accord provides a roadmap for reunification, national reconciliation, demobilization, and elections. Significant revenue efforts and overall expenditure restraint have resulted in a modest space for social and crisis-exit spending. To eliminate extrabudgetary spending in the future and enhance transparency, the authorities have established a range of safeguards.

Subject: Arrears, Asset and liability management, Debt reduction, Debt relief, Debt service, Debt service ratios, External debt, Public debt

Keywords: Arrears, Bridge loan, Central government, CR, Debt relief, Debt service, Debt service ratios, Exchange rate, Global, HIPC assistance, HIPC debt relief, ISCR, Ivorien authorities, NPV terms, Reform program

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/190
Stock No:

1CIVEA2009005
ISBN:

9781451807950
ISSN:

1934-7685

Notes

Also available in French

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