The Ivorian State has just obtained a loan agreement from the International Monetary Fund (IMF) to revive the economy and create jobs. The Fund will grant $1 billion to Côte d'Ivoire. On the occasion of the summit on financing African economies, the Ivorian Head of State discussed with several donors the issue of the financial support needed to relaunch economic growth in his country. He said that the IMF grants $1 billion to Côte d'Ivoire.

The loan agreement was announced by the managing director of the IMF, Kristalina Georgieva, during a meeting with the President of the Republic of Côte d'Ivoire Alassane Ouattara. These discussions took place ahead of the international summit on financing African economies, scheduled to take place on Tuesday 18 May in Paris.

According to Kristalina Georgieva, these are “additional resources of approximately one billion US dollars” that will “contribute to economic recovery and the creation of jobs and new opportunities.” This new loan succeeds those granted during 2020 to help the country deal with the Covid-19 crisis