Cote D'Ivoire: Request for an Extended Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Cote D'Ivoire

December 19, 2016

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Cote D'Ivoire: Request for an Extended Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Cote D'Ivoire, (USA: International Monetary Fund, 2016) accessed December 21, 2024

Summary

This paper discusses Côte D’Ivoire’s Requests for an Extended Arrangement Under the Extended Fund Facility (EFF) and an Arrangement Under the Extended Credit Facility (ECF). Extending the gains of 2015, solid economic and fiscal performance continued in 2016. Strong investment and private consumption contributed to real GDP growth estimated at about 9 percent in 2015. In 2016, booming extractive industries and rising domestic demand supported activity in the commercial sector, which should sustain GDP growth at about 8 percent. The macroeconomic outlook remains favorable, but structural bottlenecks pose challenges to sustained strong growth. The IMF staff supports the authorities’ request for the ECF and EFF arrangements.

Subject: Debt sustainability, External debt, Public debt, Public financial management (PFM), Revenue administration

Keywords: Balance of payments position, Côte d'Ivoire's economy, CR, Debt, Debt sustainability, Global, Government, Infrastructure gap, ISCR, Ivorian authorities, Prudent management, West Africa

Publication Details

Pages:

130
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/383
Stock No:

1CIVEA2016003
ISBN:

9781475561265
ISSN:

1934-7685

Notes

Also Available in French

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