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Côte d’Ivoire plans 13% higher budget for 2026 at $31bn

Côte d’Ivoire plans 13% higher budget for 2026 at $31bn
Thursday, 02 October 2025 08:48

• Government proposes CFA17,350.2 bn ($31 bn) budget, up 13.1% from 2025.
• Spending to focus on investment, poverty reduction, and climate adaptation.
• Growth seen at 6.7% in 2026, after 6.3% expected in 2025, says IMF.

Côte d’Ivoire has proposed a 2026 budget of CFA17,350.2 billion ($31 billion), a 13.1% increase from the current year, according to details released after the Council of Ministers meeting on October 1.

Government spokesman Amadou Coulibaly said the fiscal policy will prioritize boosting domestic revenue, controlling operating expenses, and consolidating investment spending.

The plan also aims to increase social expenditures, particularly those targeting poverty and inequality reduction, as well as climate change adaptation, in order to promote strong, sustainable, and inclusive growth.

The country’s economy has remained resilient in recent years. Growth is projected to accelerate to 6.3% in 2025, up from 6% in 2024, driven mainly by services, hydrocarbons, and mining, according to the International Monetary Fund (IMF).

Côte d’Ivoire recently secured $843.9 million in financing through the fifth review of the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), along with the fourth review under the Resilience and Sustainability Facility (RSF). These arrangements aim to support macroeconomic stability and strengthen resilience to climate risks.

For 2026, the government is targeting 6.7% growth, despite a challenging global environment marked by geopolitical conflicts and trade tensions.

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