Public Management

Côte d'Ivoire Plans 11.5% Budget Increase for 2025

Côte d'Ivoire Plans 11.5% Budget Increase for 2025
Friday, 14 June 2024 13:21

Côte d'Ivoire's government announced an 11.5% increase in the national budget for 2025, raising it to FCFA 15,301 billion ($25.1 billion) from FCFA 13,720.7 billion ($22.5 billion) in 2024. Government spokesman Amadou Coulibaly made this announcement following a cabinet meeting on June 12, 2024.

Government projections show this upward trend continuing, with the budget reaching FCFA 17,070 billion ($28.1 billion) in 2026 and FCFA 17,480 billion ($28.7 billion) in 2027. The government aims to improve the efficiency of domestic revenue collection and control operating expenses. It will maintain public debt sustainability to boost investments and anti-poverty spending.

"The government's economic and financial policy will focus on implementing development strategies initiated in previous years," the government stated.

In recent years, Côte d'Ivoire has experienced positive economic momentum with favorable growth prospects. In May, Standard & Poor’s Global Ratings upgraded the country's outlook from "stable" to "positive," maintaining a "BB-" rating. This followed the successful issuance of a $2.6 billion eurobond in January by the world's leading cocoa producer.

Additionally, Côte d'Ivoire recently secured two financing agreements totaling $4.8 billion with the International Monetary Fund (IMF) under the Extended Credit Facility (ECF), the Extended Fund Facility (EFF), and the Resilience and Sustainability Facility (RSF).

The multi-year budget plan for 2025-2027 is based on an average annual GDP growth forecast of 7.4%.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
(EBID) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 92nd Ordinary Session on June 30, 2025. The Board...
• The IMF approved a $261.9 million disbursement under DR Congo’s credit program• Economic growth hit 6.5% in 2024, driven by the extractive sector•...
• Ghana’s Parliament approved a $360 million loan from the World Bank’s IDA• The funds will help pay road sector arrears, support vulnerable groups,...
(AMETRADE) - The 15th edition of the annual Africa PPP Summit (#APPP2025) is set to take place on 28 – 31 October 2025 at Hilton Hotel, Windhoek, Republic...
Most Read
01

Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...

Telecoms: Lebara Enters Nigerian Market with Strong Competitive Ambitions
02

Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...

Côte d’Ivoire’s Fuel Price Cuts Haven’t Slashed Transport Costs–Yet
03

• BOAD releases CFA10 billion ($17.8 million) to support Boungou and Wahgnion gold mines.• Burkina F...

BOAD Grants CFA10 Billion to Revive Boungou and Wahgnion Gold Mines in Burkina Faso
04

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
05

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
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

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

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.