Ivory Coast aims for a significant reduction in poverty by 2030 through its new National Development Plan.
During a government seminar held on February 17 and 18, 2025, in Abidjan, the Ivorian government presented the main outlines of the National Development Plan (PND) 2026-2030, aimed at reducing the poverty rate to below 20% by 2030. Under the presidency of Prime Minister Mr. Robert Beugré Mambé, discussions focused on transforming Côte d'Ivoire into an upper-middle-income country by 2035. The Prime Minister highlighted the progress made since 2011, with a decrease in the poverty rate from 55% in 2011 to 37.5% in 2021, despite challenges such as the COVID-19 pandemic and geopolitical tensions. He also emphasized the importance of public and private investments, illustrated by the PND 2021-2025, which has already achieved an execution rate of 77.1% with 45.5 trillion CFA francs invested out of the planned 59 trillion. The 2030 vision aims to increase the average income per capita from $1,722 in 2010-2020 to approximately $4,000 by 2030, while making economic growth more inclusive. The PND 2026-2030 continues this trajectory, proposing a new growth model focused on the exchange of international experiences and clear economic strategies to achieve development goals. Participants at the seminar recommended maintaining high growth with a greater impact on the social and structural transformation of the economy. Priority areas include improving productivity, particularly in the agricultural sector, promoting international trade, integrating into global value chains, and strengthening the business environment to attract more foreign direct investment. The PND 2026-2030 also emphasizes social protection, universal employment, including for vulnerable and informal workers, and a strengthened partnership between the state and the private sector in developing human capital. After its adoption by government bodies, this plan could position Côte d'Ivoire as a key player in economic development in West Africa.
Source: Sika finance, Web Portal MEPD
