Côte d’Ivoire: Joint Staff Advisory Note on the Progress Report of the Poverty Reduction Strategy Paper

IMF Staff Country Reports, July 18, 2012

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Focus: Joint Staff Advisory Note on the progress report (PR) of the Poverty Reduction Strategy Paper (PRSP) for Côte d’Ivoire.
Implementation conditions: Difficulty of implementing the PRSP in a period of continued political crisis and civil conflict.
Economic context: Economic performance was affected by various domestic shocks.
Key thematic emphases in the PR:
- Strengthening public financial management (PFM).
- Reforming the cocoa sector.
- Actions to build and consolidate peace and strengthen social cohesion.

Implementation challenges:
- PRSP implementation was hampered by continued political crisis and civil conflict.
Economic performance:
- The PR highlights that economic performance was affected by various domestic shocks (no additional numeric macroeconomic indicators provided on the page).
Governance and sectoral reforms:
- Efforts to strengthen public financial management (PFM) are highlighted.
- Reforms in the cocoa sector are emphasized as a priority.
Social cohesion and peacebuilding:
- Several actions undertaken to build and consolidate peace and strengthen social cohesion are noted.

Strengthen public financial management (PFM) to improve governance and budget execution.
Advance reforms of the cocoa sector to address sector-specific challenges and support economic recovery.
Continue and expand actions to build and consolidate peace and strengthen social cohesion to create an environment conducive to PRSP implementation.