• Côte d’Ivoire raised $8.2B in treasury resources H1 2025
• Public securities made up 77% of total funds mobilized
• Country led WAEMU zone, accounting for 44% of funds raised

The government of Côte d’Ivoire mobilized 4.59 trillion CFA francs ($8.2 billion) in treasury resources during the first half of 2025, a 58.6% increase compared to the same period in 2024. According to government officials, this growth reflects a "satisfactory mobilization of resources and a level of expenditure that was generally kept within forecasts."

Treasury resources include transfers from public enterprises, external funds such as loans, projects, and programs, and most significantly, the issuance of public securities on money, financial, and international markets. Public securities constituted the largest portion, with more than 3.55 trillion CFA francs mobilized in the first half of the year, according to the General Directorate of Budget and Finance (DGBF). Within the West African Economic and Monetary Union (WAEMU) zone, Côte d’Ivoire alone accounted for 44% of all funds raised, solidifying its position as a central player in the regional market.

A breakdown of the issuance shows it included 1.39 trillion CFA francs in Treasury bonds via auction, 917.5 billion CFA francs in Treasury bills, 379.3 billion CFA francs from bond loans, and 867.6 billion CFA francs raised on the international market, according to the DGBF's budget execution report.

Excluding special Treasury accounts, overall resources reached 8.24 trillion CFA francs, against a forecast of 8.24 trillion CFA francs, resulting in a 100.1% realization rate. At the same time, budgetary revenues increased by 14.2%, reaching 3.65 trillion CFA francs compared to 3.2 trillion CFA francs in the first half of 2024.

Moutiou Adjibi Nourou