The West African country’s reform programme is supported by IMF facilities worth about $3.5 billion approved in May
WASHINGTON – International Monetary Fund staff have reached agreement with Ivory Coast on the first semi-annual review of its economic reform programme, clearing the way for disbursement of another $500 million on approval by the Fund’s executive board.
The West African country’s reform programme is supported by IMF facilities worth about $3.5 billion approved in May.
An IMF staff team visited Ivory Coast between Sept. 19 and Oct. 3.
“Performance under the programme has been satisfactory so far and … we reached staff-level agreement on all policies,” the head of the delegation, Olaf Unteroberdoerster, said in a Fund statement on Wednesday.
Source: Zawya
