Côte d'Ivoire: Request for Emergency Post -Conflict Assistance: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Côte d'Ivoire

IMF Staff Country Reports, April 24, 2008

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Canonical URL: Côte d'Ivoire: Request for Emergency Post -Conflict Assistance: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Côte d'Ivoire

The economic recovery in Côte d’Ivoire is crucial to growth throughout the subregion.
Fiscal results and mobilized domestic financing enabled the authorities to make payments to the World Bank and AfDB and reduce domestic arrears.
Reporting on quasi-fiscal cocoa levies has improved.
Energy sector audits are being finalized.
Reporting on financial flows has improved.
Authorities appreciated the Executive Board’s support for an additional assistance under the IMF’s Emergency Post-Conflict Assistance (EPCA) program.

Payments were made to the World Bank and AfDB as a result of fiscal results and mobilized domestic financing.
Domestic arrears were reduced.
Quasi-fiscal cocoa levy reporting has improved.
Energy sector audits are in the process of being finalized.
Financial flow reporting has shown improvements.
Political and economic management efforts prompted Executive Board support for additional EPCA assistance.

Subjects: Agricultural commodities, Arrears, Banking, Commodities, Debt service, Emergency assistance, External debt, Foreign aid, Public financial management (PFM)
Keywords: Agricultural commodities, Arrears, budget procedure, CR, Debt service, Emergency assistance, Emergency Post-Conflict Assistance, energy sector audit, food CPI, government, IMF's support, ISCR, staff appraisal, West Africa