(Ecofin Agency) - The Ivorian economy is forecasted to hit a 7.5% growth this year, roughly the same level as last year (7.4%), the International Monetary Fund said in its July 1^st report.

According to the report, the strong growth outlook is underpinned by a continuously improving business environment, big investment and sustained private consumption.

With a performance deemed satisfactory under the fifth review of the Extended Credit Facility arrangement signed with the Fund in 2016, Côte d’Ivoire benefited from an additional disbursement of about $133.9 million.

However, IMF warns, the country’s political context has become more complex as the 2020 presidential elections approach and this scenario could limit growth, enhancing public spending and making it harder to mobilize revenues.