Côte d’Ivoire: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative: Preliminary Document
IMF Staff Country Reports, January 30, 2009
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Bibliographic details
- Published: January 30, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451807912.002
Summary
- Preliminary assessment of Côte d’Ivoire’s eligibility for assistance under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
- The March 2007 Ouagadougou Political Accord provides a roadmap for reunification, national reconciliation, demobilization, and presidential elections.
- Fiscal consolidation has generated fiscal space while reducing external and domestic arrears.
- Significant revenue collection efforts and overall expenditure restraint resulted in a modest primary basic surplus in 2007.
- A similar outcome is foreseen for 2008.
Political and institutional context
- March 2007 Ouagadougou Political Accord: roadmap for reunification, national reconciliation, demobilization, and presidential elections.
- Transition-related reforms and stabilization measures underpin the preliminary HIPC eligibility assessment.
Fiscal performance and outlook
- Fiscal consolidation measures led to reduced external and domestic arrears.
- Revenue collection efforts and expenditure restraint produced:
- a modest primary basic surplus in 2007;
- a similar modest primary basic surplus is foreseen for 2008.
Thematic scope and policy relevance
- Subjects covered: Agricultural commodities, Arrears, Asset and liability management, Budget execution and treasury management, Commodities, Debt Relief, External debt, Poverty, Poverty reduction strategy, Public financial management (PFM).
- Keywords: Agricultural commodities, Arrears, Budget execution and treasury management, clearance operation, CR, Debt relief, debt service, Global, government plan, grants from IDA, HIPC debt relief, ISCR, NPV terms, Poverty reduction strategy, reform program, Sub-Saharan Africa, transition government.
International Monetary Fund. "Côte d’Ivoire: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative: Preliminary Document", January 30, 2009.
Content in this bundle
- _cr0933 - Executive Summary