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Eurobond: Prime Minister Hamed Bakayoko's achievements in mobilizing resources

17/02/2021
Categories: Economy/Forex

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The diplomacy of the Ivorian Prime Minister, Hamed Bakayoko within the framework of Eurobond once again demonstrates the quality of the Côte d'Ivoire signature in terms of mobilizing resources in international financial centers.

Having raised approximately 656 billion CFA francs on international markets in November 2020, at a rate of 5%, repayable over 10 years, the world-class performance of the Ivorian Prime Minister, Hamed Bakayoko, within the framework of the Eurobond is well established.
With development partners such as the ADB, the World Bank, the IMF and private investors, Côte d'Ivoire has a new attractive investment code, with an average growth of 8.6% over the period 2011-2019.
Since coming to business, President Alassane Ouattara has placed particular emphasis on the issues and challenges of finance, the economy, or development. The expected growth performance of 7.2% for 2020 was thwarted by COVID-19, bringing it down to 1.8%. And this, in an international environment of recession of -4% in the world and -3% in Africa. The November 2020 loan therefore reaffirms the strength of the fundamentals of the Ivorian economy and especially its resilience to

many shocks.
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