Loading...

Côte d’Ivoire seeks continued IMF cooperation and new funding at Bangkok meetings

Côte d’Ivoire seeks continued IMF cooperation and new funding at Bangkok meetings

Côte d’Ivoire is considering the next phase of its cooperation with the International Monetary Fund after completing its previous economic and financial programme, Finance Minister Adama Coulibaly said during the annual meetings of the IMF and World Bank Group in Thailand.

The government remains committed to dialogue with the IMF, although the country’s senior authorities have yet to decide on the form of future cooperation, Coulibaly said on Monday after meeting Wautabouna Ouattara, the IMF executive director representing Côte d’Ivoire and 13 other countries.

“At the end of the last Economic and Financial Programme, all the macroeconomic imbalances that had been identified had been corrected,” Coulibaly said, adding that the question of the next phase of cooperation remained under review by the country’s highest authorities.

The meeting covered key economic and financial issues, as well as prospects for further engagement with the international lender.

The Ivorian delegation also plans to meet international banks and financial institutions, present the country’s experience in land management and tax reform, and discuss ways to mobilise resources to finance development priorities.

Coulibaly said Côte d’Ivoire would share its experience with innovative financing instruments, including Samurai bonds issued on Japan’s financial market. The government is also preparing to issue Panda bonds, which are denominated in Chinese yuan and sold on China’s domestic bond market.

The delegation is expected to take part in the IMF and World Bank Group’s statutory meetings, including the International Monetary and Financial Committee, and attend a meeting with IMF Managing Director Kristalina Georgieva alongside other countries in the relevant constituency.

The delegation is led by Coulibaly and includes Planning and Development Minister Souleymane Diarrassouba, senior officials and economic experts.

A central objective of the visit is to secure financing for Côte d’Ivoire’s 2026–2030 National Development Plan (PND). Diarrassouba said development partners had pledged to mobilise $80 billion at a consultative group meeting held in Abidjan, four times the $20 billion the government had initially sought.

The challenge now is to turn those commitments into productive investment, employment and improvements in living standards. The announced pledges should not be confused with funds already disbursed.

The annual meetings are taking place in Bangkok from October 12 to 17, bringing together more than 15,000 delegates from 191 countries. Discussions focus on the global economic outlook, development financing and ways to mobilise private investment.

Through bilateral meetings and ministerial discussions, Côte d’Ivoire aims to strengthen financial partnerships, promote investment opportunities and secure resources to support its development ambitions.