On Wednesday 15 June 2022 in Abidjan, the Ivorian government brought together the technical partners (EU, ADB, WAEMU, BCEAO, IFC, Islamic Development Bank, etc.) to mobilise the external public and private financing needed to implement the 2021-2025 National Development Plan (NDP).

The NDP requires a level of investment of around USD 98 billion, of which around USD 69.7 billion from the private sector, i.e. 74%, and USD 15 billion from bilateral and multilateral partners. The National Steering Committee for Public-Private Partnerships (CNP-PPP), the institution in charge of steering the implementation of public-private partnerships, took part in this important event.

At the opening of the meeting, the Ivorian Vice President, Mr. Tiémoko Meyliet Koné, stressed that the 2021-2025 NDP is an ambitious development programme aimed at ensuring the economic and social transformation of the country, with a view to improving the well-being of the population, through poverty reduction and especially the reduction of inequality.

For his part, Prime Minister Patrick Achi assured partners and private investors that the implementation of the 2021-2025 NDP will be conducted in strict compliance with the principle of viability and sustainability of public debt.

“The results achieved during this decade are impressive and demonstrate the will of all the Ivorian people to move forward. We will be at your side to support public policies and public investments and accompany the private sector with advice, financing and our guarantees,” said Sergio Pimenta, IFC Vice President Africa.

Thanks to a series of reforms and large-scale investments in its infrastructure, Côte d’Ivoire, it should be recalled, has experienced an average growth rate of 8.2% in gross domestic product (GDP) between 2012 and 2019 – the highest performance in the region – and has reduced its poverty rate from 55.3% in 2011 to 39.4% in 2018.

Côte d’Ivoire presented its second Voluntary National Review Report at the Economic and Social Council’s High Level Political Forum in July in New York.

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