Côte d’Ivoire: Sixth Review Under the Extended Credit Facility Arrangement and Requests for Waiver of Nonobservance of Performance Criterion, Augmentation of Access, and Twelve-Month Extension of the Current Arrangement

International Monetary Fund

No 2014/358, IMF Staff Country Reports from International Monetary Fund

Abstract: All end-June performance criteria and indicative targets under the ECF arrangement were met, and all structural benchmarks were completed, albeit with minor delays. However, there was a nonobservance of the continuous performance criterion on the ceiling on new nonconcessional external debt in July with the issuance of the US$750 million Eurobond (exceeding the US$500 million program ceiling).

Keywords: ISCR; CR; ECF arrangement; Côte d'Ivoire; government; Ivorian authorities; disbursement of SDR; Executive Board's discussion; Ivorian authority; Fiscal stance; West Africa; Global; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 114
Date: 2014-12-22
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