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Economic Performance: Ivory Coast Ranked 2nd In Africa; According to IMF

Côte d’Ivoire ranks second in the best-performing economy in 2017. This Thursday, February 08, 2018, the World Bank presented in Abidjan, its 6th report on the economic situation of the country.

In presenting the key messages of the report, the World Bank’s Macroeconomic Sector Coordinator revealed Côte d’Ivoire’s economic standing on a global scale.

Côte d’Ivoire ranks fourth in the world in terms of economy.

“For us, Côte d’Ivoire is on the right track. It ranks second in Africa in terms of economic performance, and ranks fourth in the world, “said Jacques Morisset.

Côte d’Ivoire is emerging in 2020 according to the vision of President Alassane Ouattara.

Ivory Coast

To achieve this dream, much work remains to be done in several sectors.

Recently, the Ivorian Prime Minister presented the economic situation of the Ivory Coast with good fix. It is among the ten countries with the highest growth rates in the world.

Each year, the International Monetary Fund (IMF) publishes a report on the World Economic Outlook (WEO) that shows the evolution of growth in the world. The last edition was published in April 2017.

According to this IMF document on each country’s 2016 growth rates, Côte d’Ivoire is the first economy in terms of growth in WAEMU with a growth rate of 7.5%. This intergovernmental organization created in 1994 to achieve economic integration brings together eight countries that share the CFA franc.

It is followed respectively by Senegal (6.6%), Burkina-Faso (5.4%), Mali (5.4%), Guinea-Bissau (5.2%), Togo (5.0%) and %), Niger (4.6%) and Benin (4.0%).

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