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Development plan: Côte d'Ivoire announces an average growth rate of 7.65% over the period 2021-2025

27/09/2021
Categories: Economy/Forex

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The prospects of the Council of Ministers of Wednesday, September 22 are green for economic growth in Côte d'Ivoire. Thanks to its new Development Plan (PND 2021-2025) currently being implemented, the authorities project average economic growth of 7.65% over the period 2021-2025 against 5.9% over the period 2016-2020.

The government spokesperson, Minister of Communication, Media and La Francophonie indicates that the government's objective is to "raise Côte d'Ivoire to the rank of upper middle-income countries, on the horizon". based on the Sustainable Development Goals (SDGs) and the African Union's Agenda 2063. This involves reducing the investment rate from 23.1% of GDP in 2021 to 27.1% of GDP in 2025. Thus, the PND 2021-2025, drawn up on the basis of the "National Prospective Coastal Study d'Ivoire 2040" (Enp CI-2040) and the Côte d'Ivoire 2030 Strategic Plan, aims to remove the remaining obstacles. This will ultimately contribute to accelerating the country's economic and social transformation, which began with the implementation of previous development plans.

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