{"id":459130,"date":"2018-04-05T13:56:59","date_gmt":"2018-04-05T12:56:59","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=459130"},"modified":"2018-04-05T13:56:59","modified_gmt":"2018-04-05T12:56:59","slug":"ivory-coast-more-than-1000-billion-fcfa-invested-by-france-in-the-c2d","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/04\/05\/ivory-coast-more-than-1000-billion-fcfa-invested-by-france-in-the-c2d\/","title":{"rendered":"Ivory Coast: more than 1,000 billion FCFA invested by France in the C2D"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>C\u00f4te d&#8217;Ivoire has a project portfolio of CFAF 1,151.25 billion (\u20ac 1.75 billion) since 2012 under C2D, the deleveraging and development contract, the Ivorian government said on Wednesday. . It is a mechanism to reconvert French debt, which, once repaid, is reinvested in favor of development projects and programs.<\/p>\n<p>The sectoral review of C2D projects held in early March noted that Abidjan has &#8220;honored all the repayment deadlines of its debt&#8221;.<\/p>\n<p>The first C2D (2012-2015) focused on projects worth CFAF 413.25 billion, which are &#8220;mostly completed&#8221;. The second, which runs for the period 2015-2017 for 738 billion francs concerns &#8220;many large projects (which) are in the launching or start-up phase&#8221;.<\/p>\n<p>Moreover, informs the government, a third C2D is in preparation for an envelope of nearly 749 billion FCFA and should close the C2D program whose overall amount is 1 900 billion FCFA, or about 2.9 billion euros.<\/p>\n<p>As a reminder, the C2D is an additional debt relief mechanism in the wake of the HIPC Initiative, which C\u00f4te d&#8217;Ivoire reached the completion point in 2012. Different sectors benefit from this funding: education and training. employment, health, agriculture, rural development and the environment, urban development, water and sanitation, road infrastructure and justice.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>C\u00f4te d&#8217;Ivoire has a project portfolio of CFAF 1,151.25 billion (\u20ac 1.75 billion) since 2012 under C2D, the deleveraging and development contract, the Ivorian government said on Wednesday. . It is a mechanism to reconvert French debt, which, once repaid, is reinvested in favor of development projects and programs. The sectoral review of C2D projects<\/p>\n","protected":false},"author":536501,"featured_media":459134,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[11996],"tags":[14665,12217],"class_list":{"0":"post-459130","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-finance-en","8":"tag-c2d","9":"tag-ivory-coast-en","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ivory Coast: more than 1,000 billion FCFA invested by France in the C2D - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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