African News Business and Economy

IMF Approves $844m Deal with Ivory Coast

By Ajuma N / October 1, 2025

The International Monetary Fund has reached a staff-level agreement with Côte d’Ivoire for fresh financial support. The deal, announced on September 30, 2025, will unlock about $843.9 million in funding.

It falls under the country’s ongoing Extended Fund Facility and Extended Credit Facility programmes. According to the IMF, the money will help strengthen macroeconomic stability and resilience. It is also aimed at boosting inclusive growth and supporting key reforms in the economy. The agreement still requires approval from the IMF’s executive board before disbursement begins.

Officials say the move reflects confidence in Ivory Coast’s policy direction. The funding will provide much-needed relief as the country faces external and fiscal pressures.

About The Author

Ajuma N

See author's posts

Tags: ,

You may also like

Leave a Reply

Your email address will not be published. Required fields are marked *