Description

This 2007 Article IV Consultation highlights that Côte d’Ivoire’s crisis has taken a heavy toll on growth and social conditions. Per capita income fell by one-sixth, poverty rose, and many social indicators worsened. These developments have also hurt regional trade and output. The external current account has remained in surplus, helped by resilient cocoa production and favorable prices. The outlook for 2007 is for a modest recovery to 1½ percent output growth, depending on progress in political normalization and the restoration of public services throughout the country.

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Taxonomy

Balance of payments , Banks and banking , Central banks , Current account , Economic policy , Financial institutions and markets , Fiscal policy , Inflation , Monetary policy , Poverty Reduction and Development , Social indicators , Transparency

More publications in this series: IMF Staff Country Reports