Côte d'Ivoire: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Côte d'Ivoire
July 27, 2010
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Economic activity strengthened in Côte d’Ivoire in 2009, but it is expected to decelerate. Financial performance under the Extended Credit Facility-supported program was broadly satisfactory. Good progress was made in restructuring external debt. The program is in line with the agreed reform goals, but reflects the constraints imposed by the pre-election political situation. Tight expenditure management remains critical for the success of the program. Structural reforms are essential to strengthen growth. The risks to the program are high but manageable.
Subject: Arrears, Banking, Expenditure, External debt, Public debt, Revenue administration
Keywords: Arrears, authority, CR, ECF arrangement, ISCR, reform, release audit team, settlement plan, staff appraisal, utility bill, West Africa
Pages:
86
Volume:
2010
DOI:
Issue:
228
Series:
Country Report No. 2010/228
Stock No:
1CIVEA2010002
ISBN:
9781455205844
ISSN:
1934-7685
