Côte d’Ivoire: Enhanced Initiative for Heavily Indebted Poor Countries Initiative: Request for Additional Interim Assistance; and Press Release
May 13, 2010
Summary
The IMF Executive Board’s consideration of Côte d’Ivoire’s request for additional interim assistance under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative is discussed. The 2009 fiscal targets under the program were broadly met, and all but two quantitative performance criteria for end-December 2009 were observed. The performance criterion on the overall fiscal balance was missed by a small margin. Sufficient financing assurances regarding the enhanced HIPC Initiative from other external creditors are in place and represent just over 95 percent of Côte d’Ivoire’s external debt stock at end-2007 terms.
Subject: Agricultural prices, Asset and liability management, Commodities, Debt relief, Debt restructuring, Electricity, External debt, Prices
Keywords: Agricultural prices, assistance, Brady bond exchange, CR, Debt relief, Debt restructuring, ECF arrangement, ECF review, Electricity, enhanced Heavily Indebted Poor Countries, Global, HIPC completion point, ISCR
Pages:
6
Volume:
2010
DOI:
Issue:
115
Series:
Country Report No. 2010/115
Stock No:
1CIVEA2010001
ISBN:
9781455205837
ISSN:
1934-7685





