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Côte d’Ivoire targets higher tax revenues to strengthen development financing by 2028

Côte d’Ivoire targets higher tax revenues to strengthen development financing by 2028

Côte d’Ivoire is seeking to increase its domestic revenue mobilization by gradually raising its tax-to-GDP ratio by 2028, as the government looks to strengthen public finances and support investments under its National Development Plan (PND) 2026-2030.

The strategy relies on modernizing tax administration, expanding digital services, improving tax collection and broadening the tax base to generate more sustainable state revenues.

Authorities aim to improve the efficiency of the tax system by increasing compliance, simplifying procedures and strengthening controls, while reducing gaps in revenue collection.

The digital transformation of tax services is expected to play a key role in this effort, with online procedures for declarations and payments designed to improve transparency, reduce administrative barriers and facilitate interactions between taxpayers and the state.

The additional resources generated through these reforms are expected to support government investment priorities under the PND 2026-2030, including infrastructure development, energy, agriculture, education and economic transformation.

Like many emerging economies, Côte d’Ivoire is seeking to rely more on domestic resources to finance development projects and reduce dependence on external financing.

The move comes as Abidjan continues to pursue strong economic growth while balancing the need for increased public investment with fiscal sustainability.

Economic analysts say improving tax collection efficiency and integrating more businesses into the formal economy will be critical for Côte d’Ivoire to achieve its revenue objectives without placing excessive pressure on economic activity.