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The IMF agrees to release $843.9 million to Ivory Coast, supporting reforms and climate resilience amid strong growth and fiscal progress.
The IMF has reached a staff-level agreement with Ivory Coast on its fifth review under the Extended Fund Facility and Extended Credit Facility, and fourth review under the Resilience and Sustainability Facility, unlocking $843.9 million in disbursements.
The funds will support economic reforms, fiscal consolidation, and climate resilience efforts, following progress in reducing the fiscal deficit to 3% of GDP, improving public financial management, and advancing climate budgeting.
Economic growth is projected at 6.3% in 2025, with inflation near 1% and a narrowing current account deficit.
The first tranche is expected after approval by the IMF’s executive board.
El FMI acuerda liberar $843.9 millones a Costa de Marfil, apoyando las reformas y la resiliencia climática en medio de un fuerte crecimiento y progreso fiscal.