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

Volume/Issue: Volume 2008 Issue 142
Publication date: April 2008
ISBN: 9781451807905
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Banks and Banking , Exports and Imports , Economics- Macroeconomics , Public Finance , ISCR , CR , Emergency Post-Conflict Assistance , energy sector audit , government , budget procedure , food CPI , staff appraisal , IMF's support , Arrears , Debt service , Agricultural commodities , Emergency assistance , West Africa

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Summary

The economic recovery in Côte d’Ivoire is crucial to growth throughout the subregion. The 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, and reporting on financial flows has improved. In view of the efforts made at both political and economic management fronts, authorities appreciated the Executive Board’s support for an additional assistance under the IMF’s Emergency Post-Conflict Assistance (EPCA) program.