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Support for Ivorian economic growth: the World Bank provides $300 million in budgetary support

14/12/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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A press release from the World Bank announces that the institution is providing $300 million in budgetary support to Côte d'Ivoire. Funding that will be used to support the country's economic growth.

The funding granted to Côte d'Ivoire will help promote reforms focused on stimulation, competition in critical sectors, promotion of the sustainable use of natural resources, and enlargement access to health and education services. According to the communiqué, this funding, aligned with the National Development Plan 2021-2025, will primarily serve to promote key reforms that will help the country reach its goal of becoming an upper middle income economy by 2030

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Le premier axe de réformes se concentre sur la stimulation de la competition in critical sectors and to boost domestic revenue mobilization and the improvement of sectoral competition policies and regulatory frameworks. The second focus is on expanding access to health and education services in an equitable manner, improving the quality of basic education, combating skills mismatches in the labour market, and promoting inclusive health insurance

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