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Ivory Coast Sets Fiscal Priorities for 2027–2029

Ivory Coast Sets Fiscal Priorities for 2027–2029
Wednesday, 25 March 2026 10:46
  • Ivory Coast outlined eight budget priorities focused on reforms, performance, and revenue mobilization.
  • Authorities aim to complete the IMF-backed program and exit the FATF grey list.
  • The 2026 budget rises to CFA17,350.2 billion ($30.6 billion), up from CFA15,339.1 billion in 2025.

Côte d’Ivoire has set eight priorities to guide its budget strategy for 2027–2029, the Ministry of Economy, Finance and Budget announced on Monday, March 23.

The ministry presented the priorities during a workshop held in Abidjan to validate the narrative components of the Multiannual Expenditure Programming Document–Annual Performance Project (DPPD-PAP) and the Annual Performance Report (RAP). Authorities use these two tools to allocate resources efficiently and to assess program management against financial commitments.

Eight Priorities to Strengthen Fiscal Performance

The ministry included the completion of the 2023–2026 economic and financial program agreed with the International Monetary Fund among its key priorities. The government continues a series of IMF-backed programs implemented since 2012.

Authorities also aim to maintain a stable macroeconomic framework and to increase domestic resource mobilization to finance public policies.

The ministry plans to accelerate public finance and financial sector reforms while preparing the draft 2027 finance bill on schedule. In parallel, the government seeks to exit the grey list of the Financial Action Task Force. Authorities also plan to strengthen dialogue with the private sector.

“The effective execution of our ministry’s missions will depend greatly on the quality and content of the DPPD-PAP that will be developed,” said Dely Soumahoro, technical adviser to the minister.

This roadmap comes as Ivory Coast maintains strong economic growth momentum. The World Bank projects growth at 6.2% in 2025 and 6.4% over the medium term, driven by robust public and private investment.

Against this backdrop, authorities have validated new budgetary and development orientations. The 2026 finance law increases public spending, with a focus on infrastructure, social sectors, and industrial transformation. The government set the 2026 budget at CFA17,350.2 billion ($30.6 billion), up from CFA 15,339.1 billion in 2025.

The budget includes 29 allocations and 158 programs, including 39 linked to special Treasury accounts. These priorities align with the National Development Plan (PND) 2021–2025, which emphasizes industrialization, human capital development, infrastructure modernization, and governance strengthening.

This article was initially published in French by Carelle Yourann (intern)

Adapted in English by Ange J.A de Berry Quenum

 

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