The IMF approves a new disbursement of 758 million dollars in favor of Côte d'Ivoire, praising the progress of economic reforms.

On June 25, 2025, the Board of Directors of the International Monetary Fund (IMF) approved the fourth reviews of the agreements under the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF), as well as the third review of the Resilience and Sustainability Facility (RSF), in favor of Côte d'Ivoire. Following these positive reviews, an immediate disbursement of $758 million is authorized as part of a comprehensive program of $4.9 billion agreed upon with the country. The Bretton Woods institution praised the effective implementation of the program, marked by compliance with all performance criteria by the end of December 2024 and satisfactory implementation of structural benchmarks, particularly those related to climate finance. According to the institution, these results reflect the strong commitment of the Ivorian authorities to maintain macroeconomic stability, strengthen budgetary sustainability, and accelerate structural reforms. Economic prospects remain strong. Growth is expected to reach 6.3% in 2025, driven by agricultural recovery, favorable terms of trade, and the expansion of the mining and oil sectors. Inflation is expected to stabilize within the West African Economic and Monetary Union (WAEMU) target (1-3%), while the budget deficit should be contained at 3% of GDP, in line with regional criteria. The IMF highlighted efforts to increase tax revenue, framed by the Medium-Term Revenue Strategy (MTRS), adopted in May 2024. This strategy aims to raise the tax revenue-to-GDP ratio to about 20% in the medium term, achieving 0.5 percentage points of GDP gained each year through a reform of the tax system and the rationalization of exemptions. Finally, emphasis is placed on strengthening public governance, financial integrity, proactive debt management, and improving the business climate. The IMF also encourages intensifying efforts in investment in human capital, climate resilience, combating money laundering, and promoting financial inclusion. In conclusion, the institution underscores the strategic role of Côte d'Ivoire as a pillar of regional stability while calling for the continuation of reforms to sustainably anchor its economic transformation trajectory. *Source: IMF Press Release of June 25, 2025, MEPD Web Portal Editorial*