IMF Staff Country Reports

Côte d'Ivoire: Requests for an Extended Arrangement Under the Extended Fund Facility and a 40-Month Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

June 12, 2023

Download PDF Order a Print Copy
Order a Print Copy

Preview Citation

Format: Chicago

Côte d'Ivoire: Requests for an Extended Arrangement Under the Extended Fund Facility and a 40-Month Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire, (USA: International Monetary Fund, 2023) accessed November 22, 2024

Also available in: français

Summary

This paper presents Côte d'Ivoire’s request for an Extended Arrangement Under the Extended Fund Facility (EFF) and a 40-Month Arrangement Under the Extended Credit Facility (ECF). IMF Board approves 40-month arrangements under the EFF and ECF for Côte d’Ivoire to help support the country’s transformation toward upper-middle income status through the implementation of the authorities’ national development plan while preserving macroeconomic stability. The key reform agenda under the arrangements is domestic revenue mobilization, which is central in preserving fiscal and debt sustainability and along with increased spending efficiency should generate fiscal space to help finance investment needs and critical spending in health and education to allow for deeper economic transformation. Structural reforms should further deliver improvements in business climate, private sector investments and financial inclusion to foster the necessary conditions for inclusive growth, through strengthening governance and human capital investments, especially amongst youth and women.

Subject: External debt, International organization, Monetary policy, Public debt, Public financial management (PFM), Revenue administration

Keywords: Côte d'Ivoire vision, Debt ratio, Debt sustainability, Financing support, Global, Government debt management, Ivoirian authorities, Revenue mobilization strategy, West Africa

Publication Details

  • Pages:

    137

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2023/204

  • Stock No:

    1CIVEA2023001

  • ISBN:

    9798400245596

  • ISSN:

    1934-7685

You May Also Be Interested In...

VITARA Reference Guide: Institutional Governance

November 21, 2024

Understanding Artificial Intelligence in Tax and Customs Administration

November 21, 2024

Managing Tax Incentives in Developing Countries

November 21, 2024

Guidance Note On The Financing Assurances And Sovereign Arrears Policies And The Fund's Role In Debt Restructurings

November 18, 2024