Côte d’Ivoire: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Côte d’Ivoire

IMF Staff Country Reports, June 10, 2016

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Over the past four years, Côte d’Ivoire’s economic performance has been impressive, in sharp contrast with the preceding 10 years marked by conflicts and economic stagnation.
Growth has been accompanied by a modest decline in poverty.
Other human development indicators have been slow to improve.
Financial sector vulnerabilities could trigger a shock to the economy or reinforce the impact on the real sector of nonfinancial shocks, potentially generating self-reinforcing adverse spillover effects on the economy in the absence of countervailing policy action.

The report describes the economic outlook and highlights downside risks tied to financial sector vulnerabilities.
Key risk channel: financial sector vulnerabilities amplifying nonfinancial shocks and generating adverse spillovers without appropriate policy responses.

Subjects covered: Banking; Customs administration core functions; Government debt management; Public debt; Public financial management (PFM); Revenue administration.
Keywords present in the report: authority, bank, banking sector soundness indicator, central bank, CR, Customs administration core functions, debt management strategy, expenditure growth, Global, Government debt management, infrastructure investment needs, investment expenditure, ISCR, Ivorian authorities, West Africa.