IMF Staff Country Reports

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

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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 October 5, 2024

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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).

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:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2014/358

  • Stock No:

    1CIVEA2014003

  • ISBN:

    9781498349741

  • ISSN:

    1934-7685

Notes