Finance

Côte d’Ivoire Allocates 26% of 2025 Budget to Debt Servicing and Repayment

Côte d’Ivoire Allocates 26% of 2025 Budget to Debt Servicing and Repayment
Wednesday, 20 November 2024 14:31

The Ivorian government plans to allocate CFA4,121 billion ($6.63 billion), or 26% of total spending, to servicing and repaying its debt in the 2025 budget. Finance Minister Adama Coulibaly made this announcement yesterday during his presentation of the draft Finance Law to the Economic and Financial Affairs Committee of the National Assembly.

As of June 30, 2024, Côte d’Ivoire's public debt stood at CFA28,944.7 billion, equivalent to 55.2% of the country’s GDP. This remains below the regional threshold of 70%. Projections indicate that the debt will rise to CFA32,000.1 billion by the end of 2024 and further to CFA34,656.7 billion in 2025, with an average annual growth rate of 8.5%. Despite this increase, debt servicing costs are expected to decline slightly, from CFA4,507 billion in 2024 to CFA4,181.2 billion in 2025.

The government continues to follow its 2022–2026 Medium-Term Debt Management Strategy, which aims to source 45% of financing externally and 55% domestically. This approach seeks to reduce debt-related costs and risks while ensuring sufficient resources for national priorities. Between January and September 2024, the government repaid CFA1,583 billion. Additionally, Côte d’Ivoire is among the countries with the lowest borrowing costs on the regional debt market within the West African Economic and Monetary Union (WAEMU).

For 2025, the state budget is set at CFA15,339.2 billion, marking an 11.8% increase compared to 2024. Budgetary resources are estimated at CFA7,865.4 billion, while expenditures will amount to CFA9,843.9 billion.

With a consolidated budget deficit of 3% of GDP and an expected tax pressure rate of 15.4% of GDP in 2025, Côte d’Ivoire aims to strike a balance between ambitious fiscal plans and financial discipline to support economic growth.

On the same topic
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2025, according to BCEAO data. Outstanding...
Amethis closed its third pan-African fund at €406 million ($472 million), meeting its original target. The fund plans to invest in about 10...
Amethis enters active deployment of its €406m Africa fund, applying strict deal screening to balance financial returns with measurable...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring Ladder Microfinance Bank licence Move expands...
Most Read
01

Development Partners International sold its 20.17% stake in Atlantic Business International for mo...

DPI Exits Atlantic Business International in $200 Million-Plus Deal
02

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...

Africa’s Artificial Intelligence Moment : Infrastructure, Governance and the Path to Scale
03

Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...

Africa’s Energy Boom in 2026 Puts AfCFTA at the Heart of Its Trade Response to US Tariffs
04

Ivory Coast expects a new government after the prime minister and cabinet resigned following Decem...

Ivory Coast Awaits New Cabinet After Post-Election Resignations
05

African startups raised about $3.1 billion in 2025, up from $2.2 billion in 2024, accord...

Venture Capital: African Startups Raised $3.1 Billion in 2025, Launch Base Africa Says
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.