Shaken by the health crisis and its repercussions in the various sectors of activity, the economic growth of Côte d'Ivoire, according to the Council of Ministers of this Wednesday, November 18, could rebound to 6.5% against 1.8% in 2020. A positive outlook also supported by the latest ranking of the Mo Ibrahim Index of African Governance (Iiag), which ranks the leading cocoa-producing country 18th in terms of good governance, compared to 22nd in 2019.

The Ivorian economy was tormented by the year 2020. Initially forecast to settle at 7.20%, the growth rate fell to 1.8%, with a loss of 500 billion CFA francs in tax revenue. . The discharge of Covid-19 alone cost 107.4 billion FCFA, or 164 million euros to the State, which was forced to seek support from development partners.

But the 2021 forecasts draw a favorable environment, in a relatively tumultuous political context. "In 2021, the State's budgetary policy will mainly aim to increase the efficiency of domestic revenue collection thanks to the reforms undertaken, and to continue to control operating expenses, with a view to ensuring the financing of social actions and development of the government, as well as the economic, social and humanitarian support plan, while ensuring the sustainability of public debt", indicated the Minister of Budget and State Portfolio, Moussa Sanogo.