Director General of the International Monetary Fund, Christine Lagarde Describes the Situation of the Ivorian Economy As Promising
The Director General of the International Monetary Fund Christine Lagarde, on Sunday described the situation of the Ivorian economy as “promising,” Mrs. Lagarde was speaking at her arrival in Abidjan, as part of a two-day visit to strengthen cooperation between Ivory Coast and her institution.
“The current economic situation is more encouraging compared to that of 2011,” she said, assuring that her institution was “extremely close, and willing to give as much support as possible to the efforts to renovate and reverse the economy for the good of the population.”
Besides, Mrs. Lagarde commended the “better results” in the implementation of the IMF’s economic and financial program for Ivory Coast.
This program relates to a $600-million loan agreement for the period 2011-2014. “It is being implemented smoothly and successfully,” she added.
It could be recalled that the IMF had already carried out in November 2012, a second review of its program in Ivory Coast, which it considered as very positive.
Christine Lagarde was expected to make a speech on Monday morning before the Ivorian MPs, after her meeting with the Ivorian Prime Minister Daniel Kablan Duncan.
Christine Lagarde is also expected to hold a series of meetings with representatives of the private sector and the civil society.
Before leaving Ivory Coast on Tuesday afternoon, the Director General of the Fund will be received by President Alassane Ouattara.
Source African Press Agency
African News from NetNewsPublisher.com
Category: Africa
