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Economic governance: the IMF satisfied with the solid performance achieved by Côte d'Ivoire

03/01/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex Sectors

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In a statement released at the end of its meeting of the Executive Board of the International Monetary Fund (IMF), the institution expressed satisfaction with the solid economic performance of Côte d'Ivoire.

The IMF believes that the results obtained by Côte d'Ivoire are the result of the Ivorian government's sustained efforts to implement economic reforms planned under two cooperation programs with the institution. Thanks to these reforms, the country could soon reach the status of an upper-middle income country. In Côte d'Ivoire, the economy is showing remarkable resilience, despite a difficult global environment. If this momentum continues, Côte d'Ivoire could reach the objective of a budget deficit of 3% of GDP by 2025, in line with commitments made in the framework of the West African Economic and Monetary Union (UEMOA). The IMF particularly appreciated the authorities' commitment to implement reforms aimed at improving the efficiency of the country's financial institutions.

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