Archive · 1 Oct 2025
IMF to Provide Ivory Coast $843.9M in Financing
The IMF is giving Ivory Coast about $843.9 million.
This money comes from special programs called the Extended Fund Facility and Extended Credit Facility.
The IMF and Ivory Coast have agreed on this at a staff level, which means things are moving forward.
This money is to help Ivory Coast with things like its money reserves and to help people who are struggling with rising costs.
It will also help with government plans for improvements.
IMF reached a staff-level agreement with Ivory Coast.
The agreement will unlock approximately $843.9 million in financing.
The funding comes under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) programs.
The financial support aims to bolster Ivory Coast’s foreign reserves and support fiscal stability.
The deal also supports government reforms in governance, social protection, and private sector development.
- Who
- The International Monetary Fund (IMF)
- What
- Reached a staff-level agreement with Ivory Coast for $843.9 million in financing.
- When
- Announced on Tuesday.
- Where
- Ivory Coast
- Why
- To bolster foreign reserves, support fiscal stability, and strengthen measures aimed at protecting vulnerable households and backing government reforms.
- Agreement Type
- Staff-level
- Amount
- $843.9 million
- Facility
- Extended Fund and Credit
- Country
- Ivory Coast
- Purpose
- Bolster reserves, support fiscal stability, strengthen social protections, support reforms
