West Africa

IMF and Ivory Coast agree on a loan of 3.5 billion dollars

IMF and Ivory Coast agree on a loan of 3.5 billion dollars

The International Monetary Fund (IMF) has approved a $3.5bn (£2.8bn) loan agreement with Ivory Coast, which it says is designed to tackle financial challenges and assist economic transformation. The West African country will receive nearly $500m immediately. Further funds will be dependent on Ivory Coast making structural changes to its …

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