Côte d’Ivoire: Sixth Review Under the Extended Credit Facility Arrangement and Requests for Waiver of Nonobservance of Performance Criterion, Augmentation of Access, and Twelve-Month Extension of the Current Arrangement

December 22, 2014

Preview Citation

Format: Chicago

Côte d’Ivoire: Sixth Review Under the Extended Credit Facility Arrangement and Requests for Waiver of Nonobservance of Performance Criterion, Augmentation of Access, and Twelve-Month Extension of the Current Arrangement, (USA: International Monetary Fund, 2014) accessed September 20, 2024

Also available in: français

Summary

All end-June performance criteria and indicative targets under the ECF arrangement were met, and all structural benchmarks were completed, albeit with minor delays. However, there was a nonobservance of the continuous performance criterion on the ceiling on new nonconcessional external debt in July with the issuance of the US$750 million Eurobond (exceeding the US$500 million program ceiling).

Subject: Arrears, External debt, Fiscal policy, Fiscal stance, National accounts, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)

Keywords: Côte d'Ivoire, CR, Disbursement of SDR, ECF arrangement, Executive Board's discussion, Fiscal stance, Global, Government, ISCR, Ivorian authorities, Ivorian authority, Sub-Saharan Africa, West Africa

Publication Details

Pages:

114
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/358
Stock No:

1CIVEA2014003
ISBN:

9781498349741
ISSN:

1934-7685

Notes

Also available in French

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