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Abidjan, Côte d'Ivoire

Abidjan, Côte d'Ivoire: Photo by Cedric Favero

Côte d'Ivoire Resident Representative Site

Resident Representative Office in Côte d'Ivoire

This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Côte d'Ivoire and the IMF. Additional information can be found on Côte d'Ivoire and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Côte d'Ivoire.

News — Highlights

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Financial Depth in the WAEMU: Benchmarking Against Frontier SSA Countries

Working Paper by Calixte Ahokpossi; Kareem Ismail; Sudipto Karmakar and Mesmin Koulet-Vickot click for more

IMF’s West African Regional Technical Assistance Center Sees Significant Increase in Activities in Coming Year

The International Monetary Fund (IMF) Regional Technical Assistance Center for West Africa (West AFRITAC) has remained on track throughout an eventful year and foresees a significant increase in its activities for the financial year starting May 1, 2013. click for more

West African Economic and Monetary Union (WAEMU): Staff Report on Common Policies for Member Countries

Country Report No. 13/92 click for more

Toward a Second Ivoirien Miracle

Speech By Christine Lagarde; Managing Director, International Monetary Fund; at the National Assembly, Abidjan, January 7, 2013 click for more

Resilient Côte d'Ivoire Gets $615 Million IMF Loan to Back Recovery

By Wayne Camard, IMF African Department click for more

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Côte d'Ivoire and The IMF

Côte d'Ivoire: Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria - Press Release; and Staff Report

June 12, 2015
Series: Country Report No. 15/147
Notes:
Full text also available in French click for more

Côte d'Ivoire: Poverty Reduction Strategy Paper - Executive Summary of Progress Report

June 12, 2015
Series: Country Report No. 15/148
Notes:
Full text also available in French click for more

Press Release: IMF Executive Board Completes Seventh ECF Review for Côte d'Ivoire

June 5, 2015

Côte d'Ivoire -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 19, 2015

May 19, 2015
PDF File Size: 922Kb click for more

Press Release: Statement of an IMF Team at the end of a Mission to Côte d’Ivoire

April 3, 2015

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Regional Economic Outlook for Sub-Saharan Africa

image from the publication cover

Sub-Saharan Africa's economy is set to register another year of solid growth, although the expansion will be at the lower end of the range registered in recent years, mainly reflecting the severe impact of the sharp decline in oil prices on the region's oil exporters. In a context of tightening global financial conditions, the large fiscal and current account deficits that prevail in some countries could leave them vulnerable to a potential reduction in external financing. An uneven global recovery and domestic security-related challenges are also risks to the outlook. Against this backdrop, and beyond the immediate effects of the current shock, further progress toward diversification and structural transformation remains crucial to sustain high and inclusive growth, generate jobs for the rapidly growing young population, and foster integration into global value chains. Click for more



Toward a Monetary Union in the East African Community

Building Resilience in Sub-Saharan Africa's Fragile States

In late 2013 the East African Community (EAC) countries (Burundi, Kenya, Rwanda, Tanzania, and Uganda) signed a joint protocol setting out the process and convergence criteria for an EAC monetary union. The signing of the protocol represents a further step toward regional economic integration. It follows ratification of the protocols for a customs union (2005) and the common market (2010). Envisaged in 2024 is the introduction of a common currency to replace the national currencies of member countries.



Building Resilience in Sub-Saharan Africa's Fragile States

Building Resilience in Sub-Saharan Africa's Fragile States

Fragile states—states in which the government is unable to deliver basic services and security to the population—face severe and entrenched obstacles to economic and human development. While definitions of fragility and country circumstances differ, fragile states generally have a combination of weak and non-inclusive institutions, poor governance, low capacity, and constraints in pursuing a common national interest. As a result, these countries typically display an elevated risk of both political instability (including civil conflict), and economic instability (through a low level of public service provision, inadequate economic management, and difficulties to absorb or respond to shocks). Crises in such countries can also have significant adverse spillovers on other countries. In contrast, resilience can be defined as a condition where institutional strength, capacity, and social cohesion are sufficiently strong for the state to promote security and development and to respond effectively to shocks.

Pan-African Banking : Opportunities and Challenges for Cross-Border Oversight

Pan-African Banking : Opportunities and Challenges for Cross-Border Oversight

Pan-African banks are expanding rapidly across the continent, creating cross-border networks, and having a systemic presence in the banking sectors of many Sub-Saharan African countries. These banking groups are fostering financial development and economic integration, stimulating competition and efficiency, introducing product innovation and modern management and information systems, and bringing higher skills and expertise to host countries. At the same time, the rise of pan-African banks presents new challenges for regulators and supervisors. As networks expand, new channels for transmission of macro-financial risks and spillovers across home and host countries may emerge. To ensure that the gains from cross border banking are sustained and avoid raising financial stability risks, enhanced cross-border cooperation on regulatory and supervisory oversight is needed, in particular to support effective supervision on a consolidated basis. This paper takes stock of the development of pan-African banking groups; identifies regulatory, supervisory and resolution gaps; and suggests how the IMF can help the authorities address the related challenges.



IMF Opens Africa Training Institute in Mauritius

Africa Training Institute (ATI) Logo

The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.