ABIDJAN, April 5, 2024 – In a meeting with Prime Minister Robert Beugré Mambé, IMF mission head Olaf Unteroberdoerster praised Côte d'Ivoire's progress with its economic and climate change programs. He expressed the IMF's satisfaction with the country's performance. This positive assessment comes as Côte d'Ivoire works to secure ongoing financial support from the IMF.
Praise for Côte d'Ivoire's Economic Performance
Unteroberdoerster briefed the Prime Minister on the results of a recent two-week IMF mission. The focus was on reviewing Côte d'Ivoire's progress on programs backed by roughly $4.8 billion (around 3,000 billion FCFA) in IMF financial arrangements.
"The performance under these two programs is satisfactory," Unteroberdoerster said after the meeting. He announced an agreement that would soon result in Côte d'Ivoire receiving a disbursement of around $580 million (over 350 billion FCFA).
Ongoing Support for Côte d'Ivoire's Climate Change Initiatives
The IMF mission's positive feedback extends to Côte d'Ivoire's efforts in fighting climate change. These initiatives are essential for the country's sustainable development goals. The IMF's support signals confidence in Côte d'Ivoire's commitment to addressing the challenges of climate change, a key issue affecting nations worldwide.
Prime Minister Welcomes IMF Collaboration
Prime Minister Mambé expressed appreciation for the IMF's support, saying, "We are all the more happy that your Institution has given signs of support for our country," He emphasized the strong collaboration between the IMF and Côte d'Ivoire.
Minister of Economy, Planning and Development Nialé Kaba, and Minister of Finance and Budget Adama Coulibaly also joined the meeting, underscoring the government's unified approach to economic progress.
Côte d'Ivoire's Ongoing Economic Transformation
The IMF's praise highlights Côte d'Ivoire's efforts to drive economic growth and tackle climate change. These programs help create "l'émergence" that the country is aiming for – a vision of becoming a fully emerged economy. The support and financial resources provided by the IMF are crucial in achieving these ambitious goals.
The Road Ahead: Challenges and Opportunities
While Côte d'Ivoire is seeing positive results, challenges remain. However, the collaborative effort with the IMF positions the nation well to navigate those and continue moving forward. Continued focus on economic growth strategies and proactive climate change policies will be central to Côte d'Ivoire's ongoing success.
