Côte D’Ivoire: Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria
IMF Staff Country Reports, June 12, 2015
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- Côte D’Ivoire: Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria
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Bibliographic details
- Published: June 12, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513533346.002
Summary
- The paper discusses Côte d’Ivoire’s Seventh Review Under the Extended Credit Facility (ECF) Arrangement and Request for Modification of Performance Criteria (PCs).
- Performance under the IMF-supported program continued to be strong.
- Over 2012–14, the growth in real GDP per capita has reached 20 percent.
- All PCs and all but one indicative targets for end-2014 were met.
- Significant progress has been made toward improving the business climate and the tax administration, and some inroads have been made toward public bank restructuring.
- IMF staff supports the authorities’ request for completion of the seventh ECF review and for the modification of the PCs for end-June 2015 and indicative targets.
Program performance and macroeconomic outcomes
- Program performance described as strong.
- Real GDP per capita growth over 2012–14: 20 percent.
- Compliance with targets:
- All performance criteria for end-2014: met.
- Indicative targets for end-2014: all but one met.
Structural and institutional progress
- Business climate: significant progress toward improvement.
- Tax administration: significant progress toward improvement.
- Public banks: some inroads have been made toward restructuring.
Policy decisions and IMF position
- IMF staff supports:
- Completion of the seventh ECF review.
- The authorities’ request for modification of the performance criteria for end-June 2015 and indicative targets.
Thematic coverage and keywords
- Subjects: Budget planning and preparation, Government debt management, National accounts, Public debt, Public financial management (PFM), Revenue administration.
- Keywords: CR, ECF Review for Côte, extra-budgetary spending, financial situation, Global, Government debt management, government's commitment, harmonized consumer price index, ISCR, poverty-reduction expenditure, spending, Sub-Saharan Africa, West Africa.
IMF Staff Country Report: Côte D’Ivoire — Seventh Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria.
Content in this bundle
- _cr15147
- _cr15147f