The International Monetary Fund announced a staff-level agreement with Côte d’Ivoire on the sixth and final reviews of its Extended Fund Facility and Extended Credit Facility arrangements and the fifth and final review of its Resilience and Sustainability Facility arrangement. If the IMF Executive Board completes the reviews, the country would gain access to about USD 843.9 million, including USD 509.5 million under the EFF/ECF arrangements and USD 334.4 million under the RSF. The IMF said the authorities met key economic objectives, including reducing macroeconomic imbalances, helping rebuild regional reserves, and advancing structural and climate reforms. It highlighted a reduction in the fiscal deficit to 3 percent of GDP in 2025, in line with the West African Economic and Monetary Union convergence criterion, alongside progress on the Treasury Single Account, governance of public entities, and measures to reduce money laundering and terrorism financing risks. RSF discussions for this review focused on a climate hazard insurance system for the cotton sector, reducing greenhouse gas emissions, and developing a carbon taxation strategy. Staff also pointed to risks from the war in the Middle East and changes in trade policies, with growth projected at 6 percent in 2026, inflation at 3.3 percent, and the current account deficit at 2.2 percent of GDP. The agreement reflects preliminary staff findings following the mission and does not constitute an Executive Board decision. IMF staff will now prepare a report, subject to management approval, for Board discussion and decision.
International Monetary Fund 2026-04-30
International Monetary Fund reaches staff-level agreement with Côte d’Ivoire on final programme reviews that could release about USD 843.9 million
The International Monetary Fund reached a staff-level agreement with Côte d’Ivoire on the final reviews of its Extended Fund Facility, Extended Credit Facility and Resilience and Sustainability Facility, which could unlock about USD 843.9 million upon Executive Board approval. IMF staff said authorities met key objectives on reducing macroeconomic imbalances, rebuilding regional reserves, and advancing structural and climate reforms, including cutting the fiscal deficit to 3 percent of GDP by 2025 and improving governance and anti-money laundering and counter-terrorism financing measures. A staff report will be prepared for Board consideration.