Côte d’Ivoire: Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document

International Monetary Fund

No 2009/190, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper examines Côte d’Ivoire’s debt sustainability analysis undertaken in connection with the Enhanced Initiative for Heavily Indebted Poor Countries. The crisis years led to a substantial increase in poverty and deterioration in living standards. The March 2007 Ouagadougou Political Accord provides a roadmap for reunification, national reconciliation, demobilization, and elections. Significant revenue efforts and overall expenditure restraint have resulted in a modest space for social and crisis-exit spending. To eliminate extrabudgetary spending in the future and enhance transparency, the authorities have established a range of safeguards.

Keywords: ISCR; CR; HIPC debt relief; HIPC assistance; exchange rate; Ivorien authorities; NPV terms; central government; reform program; bridge loan; Debt relief; Debt service; Arrears; Debt service ratios; Global (search for similar items in EconPapers)
Pages: 55
Date: 2009-06-18
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