Côte d'Ivoire: First Reviews Under the Extended Arrangement Under the Extended Fund Facility and Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Côte d'Ivoire

Following consecutive global shocks and widening imbalances, the EFF/ECF-supported program aims to safeguard macroeconomic stability and support Côte d’Ivoire’s transformation towards upper middle-income status over the medium-term. The economic setting remains broadly unchanged relative to projections at program approval in May 2023, with growth remaining resilient and inflationary pressures receding, although external headwinds and pressures on regional reserves continue to weigh on the outlook. Program implementation so far has been strong with all performance criteria and structural benchmarks met.