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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Ivorian state has just obtained a loan agreement from the International Monetary Fund (IMF) to revive the economy and create jobs. The Fund will grant $ 1 billion to Côte d'Ivoire.On the occasion of the summit on the financing of African economies, the Ivorian Head of State discussed with several donors, the question of the financial support necessary to revive the economic growth of his country. He said the IMF is providing $1 billion to Côte d'Ivoire.
The loan agreement was announced by IMF Managing Director Kristalina Georgieva during a meeting with Ivorian President Alassane Ouattara. These discussions took place ahead of the international summit on financing African economies, scheduled to be held on Tuesday, May 18 in Paris.
According to Kristalina Georgieva, these are "additional resources of about one billion US dollars" that will "contribute to economic recovery and the creation of jobs and new opportunities". This new loan succeeds those granted in 2020 to help the country cope with the covid-19 crisis.
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