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West Africa: IMF Approves U.S.$3.5 Billion Loan for Cote d'Ivoire
DW, 24 May 2023
The West African nation has been under financial strain stemming from the rolling impact of the pandemic, the war in Ukraine, and a range of other global economic trends. Read more »
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Cote d'Ivoire: A New Strategy to Support Economic and Social Transformation in Côte d'Ivoire
World Bank, 2 February 2023
The World Bank Group today presented a new Country Partnership Framework (CPF) 2023-2027 with Côte d'Ivoire that focuses on improving human capital, reducing disparities and… Read more »
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Cote d'Ivoire: IMF Reaches Staff Level Agreement With Côte d'Ivoire On a $3.5 Billion EFF/ECF Arrangement
IMF, 5 April 2023
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of… Read more »
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Cote d'Ivoire: How China-Cote d'Ivoire Relations Have Provided Mutual Support
Capital FM, 31 March 2023
The meeting between Chinese Premier Li Qiang and his Cote d'Ivoire counterpart Patrick Achi at the Boao Forum for Asia (BFA) annual conference in Hainan province in south China on… Read more »
IMF U.S.$3 Billion Loan to Lift Côte d'Ivoire Economy
Côte d'Ivoire's U.S.$3 billion loan from the International Monetary Fund (IMF) which was approved on May 24, 2023 will focus on improving human capital, reducing disparities, building resilience, and creating private sector jobs.
The West African nation has been reeling from the impact of Covid-19, the impact of the Russia, Ukraine war and a general global economic downturn, Deutsche Welle reports.
An immediate first tranche of U.S.$495.4 million of the loan will be paid by the IMF.
The global lender said that the 40-month arrangement will help support the country's transformation towards upper-middle income status in the medium term.
