{"id":462654,"date":"2018-10-11T00:33:29","date_gmt":"2018-10-10T23:33:29","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=462654"},"modified":"2018-10-11T00:33:29","modified_gmt":"2018-10-10T23:33:29","slug":"ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/10\/11\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\/","title":{"rendered":"Ivory Coast: IMF welcomes resilient economy and plans for &#8220;good performance&#8221;"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The IMF welcomed a resilient Ivorian economy this October 3 despite the social and budgetary difficulties that marked the year 2017 and provides &#8220;good performance&#8221; over the next two years, said C\u00e9line Allard at the head of a mission came discuss the fourth review of the three-year economic and financial program supported by the institution.<\/p>\n<p>&#8220;Despite the endogenous and exogenous shocks of the year 2017, the Ivorian economy has shown resilience and good economic performance is expected for 2018 and 2019,&#8221; the mission said in its statement.<\/p>\n<p>&#8220;The performance of the IMF-supported program has been solid in the first half of 2018&#8221;, according to the delegation, which states that &#8220;all the performance criteria and indicative benchmarks for end-June 2018 have been achieved&#8221;. The same is true for the implementation of benchmarks related to &#8220;public debt management, monitoring of public enterprises, and fiscal policy and budget administration&#8221;.<\/p>\n<p>In addition, the budget deficit that slipped last year as a result of the social crisis is expected to be &#8220;at 4% of GDP&#8221; in line with the program by the end of the year before &#8220;converging towards the deficit standard WAEMU regional budget of 3% of GDP &#8220;as early as next year, with the two parties agreeing on&#8221; fiscal policy measures for 2019 &#8220;.<\/p>\n<p>The issue of indebtedness was also discussed during the discussions with &#8220;the need to preserve debt sustainability&#8221; while &#8220;creating the necessary space&#8221; to continue the public investments planned under the National Development Program (2016 -2020) &#8220;.<\/p>\n<p>In addition, the mission noted &#8220;progress in strengthening the financial sector in the context of the regional transition to new prudential standards aligned with Basel II \/ III principles and welcomes the recapitalization of a public bank&#8221; .<\/p>\n<p>Recall that for 2019, C\u00f4te d&#8217;Ivoire is banking on a projected budget of 7 334.3 billion FCFA (11.18 billion euros) up 8.6%. And economic growth is expected between 7 and 8% over the next few years.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The IMF welcomed a resilient Ivorian economy this October 3 despite the social and budgetary difficulties that marked the year 2017 and provides &#8220;good performance&#8221; over the next two years, said C\u00e9line Allard at the head of a mission came discuss the fourth review of the three-year economic and financial program supported by the institution.<\/p>\n","protected":false},"author":536501,"featured_media":462656,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_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},"jetpack_post_was_ever_published":false},"categories":[12040],"tags":[12100,12217],"class_list":{"0":"post-462654","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-international-institutions","8":"tag-imf-en","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 v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ivory Coast: IMF welcomes resilient economy and plans for &quot;good performance&quot; - 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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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/10\/11\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-10T23:33:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/10\/FMI-C\u00d6TE-DIVOIRE-696x464.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jean-Mermoz Konandi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jean-Mermoz Konandi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/11\\\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/11\\\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\\\/\"},\"author\":{\"name\":\"Jean-Mermoz Konandi\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/f7e87efc1ab99d63f5a67e33445172c5\"},\"headline\":\"Ivory Coast: IMF welcomes resilient economy and plans for &#8220;good performance&#8221;\",\"datePublished\":\"2018-10-10T23:33:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/11\\\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\\\/\"},\"wordCount\":313,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/11\\\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/FMI-C\u00d6TE-DIVOIRE-696x464.jpg\",\"keywords\":[\"IMF\",\"Ivory Coast\"],\"articleSection\":[\"International Institutions\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/11\\\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/11\\\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/11\\\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\\\/\",\"name\":\"Ivory Coast: IMF welcomes resilient economy and plans for \\\"good performance\\\" - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/11\\\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/10\\\/11\\\/ivory-coast-imf-welcomes-resilient-economy-and-plans-for-good-performance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/FMI-C\u00d6TE-DIVOIRE-696x464.jpg\",\"datePublished\":\"2018-10-10T23:33:29+00:00\",\"description\":\"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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