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

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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 December 25, 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:

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DOI:

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Issue:

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Series:

Country Report No. 2023/204
Stock No:

1CIVEA2023001
ISBN:

9798400245596
ISSN:

1934-7685

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