Ivory Coast to mobilize funds in Paris for development program

Cote d'Ivoire plans to hold a consultative meeting in Paris in May to mobilize funds from partners to fund its new National Development Program, which is estimated to cost over 50 billion U.S. dollars between 2016-2020.

Ivory Coast
Ivory Coast

The announcement was made by Prime Minister Daniel Kablan Duncan Thursday during a meeting with Keiko Honda, the Vice President of the World Bank’s Multilateral Investment Guarantee Agency (MIGA) who was on a three-day visit to Cote d’Ivoire.

Ivory Coast
Ivory Coast
The objective of the new development plan is to accelerate Cote d’Ivoire’s economic growth and development.

After two decades of recession due to political crises, Cote d’Ivoire’s economy bounced back in 2012, with a 9 percentage growth rate.

The World Bank estimates the country’s economy grew at 8.3 percent in 2015. Enditem

Source: Xinhua

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