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
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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).
Series:
Country Report No. 14/358
Subject:
Debt sustainability analysis Economic indicators Extended arrangement reviews Fiscal consolidation Fiscal policy Fiscal reforms Letters of Intent Monetary policy Pakistan Performance criteria waivers Press releases Revenue mobilization Staff Reports
Notes:
English
Publication Date:
December 22, 2014
ISBN/ISSN:
9781498349741/1934-7685
Stock No:
1CIVEA2014003
Format:
Paper
Pages:
114
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