Cote d'Ivoire: First Reviews Under Extended Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility, and Requests for Modification of Performance Criteria and Augmentation of Access-Press Release; Staff Report; and Statement by the Executive Director for Cote d'Ivoire
June 22, 2017
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Summary
This paper discusses Côte d’Ivoire’s First Reviews under Extended Arrangement under the Extended Fund Facility (EFF), an Arrangement under the Extended Credit Facility (ECF), and the Request for Modification of Performance Criteria (PCs) and Augmentation of Access. Growth is projected at about 7 percent a year in 2017–19, and inflation is expected to remain subdued. Falling world cocoa prices and rising oil prices are cutting into export receipts and fiscal revenues. The IMF staff supports the authorities’ requests for augmentation of program access under the ECF and EFF arrangements and modification of end-June 2017 PCs.
Subject: Debt sustainability, External debt, Government debt management, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM), Revenue administration
Keywords: buy-back operation, CR, Debt sustainability, Eurobond, Eurobond issuance, Eurobond placement, Global, Government debt management, ISCR, issuance, Ivorian authorities, staff appraisal, Sub-Saharan Africa, West Africa
Pages:
104
Volume:
2017
DOI:
Issue:
165
Series:
Country Report No. 2017/165
Stock No:
1CIVEA2017001
ISBN:
9781484305102
ISSN:
1934-7685





