As the world’s top exporter of cocoa and raw cashew nuts, a net exporter of oil, and with a significant manufacturing sector, Côte d’Ivoire is the largest economy in the West African Economic and Monetary Union. Read More »
Although Côte d’Ivoire is emerging from the post-electoral crisis of November 2010, which shook the foundations of its social and economic fabric, the country is still vulnerable to both external and internal shocks. Overall, there has been marked improvement in security conditions—the insecurity index (which measures the number of attacks such as robberies, home or business break-ins, or car thefts) fell from 3.8 in January 2012 to 1.6 in May 2013, although the issue of ex-combatants remains a cause for concern.
From a political standpoint, noteworthy progress has been made with respect to national reconciliation, particularly with the provisional release in August 2013 of 14 former pro-Gbagbo detainees, including the Secretary-General of his party, the Ivorian Popular Front [Front populaire ivoirien FPI]. The resumption of political dialogue between the opposition and the Government also helped ease tensions caused by the imprisonment at the Hague of former president, Laurent Gbagbo. As of mid-September, authorities in Côte d’Ivoire refused to transfer his wife, Simone, to the International Criminal Court (ICC) although required to do so by an international arrest warrant. The mandate of the Dialogue, Truth, and Reconciliation Commission [Commission Dialogue, Vérité et Réconciliation CDVR], which was established following the post-electoral crisis, should be completed by the end of 2013.
The economy of Côte d’Ivoire is slowly recovering. In 2012, GDP growth reached 9.8%, compared with negative growth of -4.7% in 2011. Inflation, which stood at 9% in 2011, fell to 3.6% in February 2013. These outcomes are explained in part by the return to a certain degree of political stability as well as financial support from international partners. Achievement of the HIPC Completion Point, which reduced external debt by 24%, helped the country normalize its relations with donors and gradually regain the confidence of both public and private domestic and international investors. In 2012, the Government also invested heavily in public services such as education, the justice system, and the police service. Moreover, State revenues are rising owing to an increase in exports of manufactured goods as well as a number of agricultural products such as rubber, palm oil, or bananas. Cocoa exports are expected to increase by 2.8% in 2013. Lastly, the reforms under way in the coffee/cocoa sector, the electricity sector, the judicial system, the business climate, public sector governance, and basic social services should consolidate the country’s growth potential as well as social cohesion.
The National Development Plan for 2012–2015 aims for double-digit growth through five strategic pillars:
Citizens live in harmony in a secure society in which good governance is guaranteed;
Wealth creation increases and is sustained and inclusive, and the fruits of growth are equitably distributed;
Citizens, particularly women, children, and other vulnerable groups, have equitable access to quality social services;
Citizens live in healthy and satisfactory living conditions;
Côte d’Ivoire is successfully repositioned in the regional and international arena.
The CPS targeted two main types of objectives (i) urgent objectives to improve quality of life, boost economic activity, and restore peace and stability through job creation, income generation, and the restoration of basic services; and (ii) medium- to long-term objectives aimed at strengthening economic governance and institutions, promoting sustainable growth, and making progress toward the Millennium Development Goals (MDGs). The partnership was reconfigured following the post-electoral crisis of 2010-11 in order to improve the relevance of solutions provided by the International Development Association (IDA), the World Bank’s fund dedicated to the poorest countries. IDA has already realized a major portion of its commitments through the disbursement of grants for the following projects:
Post-Conflict Assistance Project (PCAP): US$115 million
Governance and Institutional Development Grant (GIDG): US$12.2 million
Emergency Electricity Rehabilitation Project (PURE): US$20 million
Emergency Youth Employment and Skills Development Project (PEJEDEC): US$12.9 million
Small and Medium Enterprise Revitalization and Governance Project (PARE-PME): US$9.9 million
Emergency Urban Infrastructure Project (PUIUR): US$134.2 million
Emergency Infrastructure Renewal Project (PRI-CI): US$7.9 million
The World Bank works closely with other technical and financial partners in Cote d’Ivoire, including the African Development Bank (AfDB), the European Union (EU), the Agence Française de Développement (AFD), the International Monetary Fund (IMF), the United Nations, Germany, Japan, and USAID, among others. The Bank participates in technical and policy-related donor meetings even though there is no formal mechanism for donor coordination for Côte d’Ivoire. The Ministry of Finance recently started preparation of an aid management framework that will include a donor coordination mechanism. The findings and recommendations of the study are expected to be published shortly.
The World Bank was also actively involved in post-crisis international support to the country, in particular through the successful organization of a consultative group on Côte d’Ivoire on December 4-5, 2012 in Paris. The goal of this meeting was to mobilize the international community around financing for the National Development Plan for 2012-2015. With US$8.6 billion in commitment pledges, Côte d’Ivoire hopes to achieve emerging country status by 2020.
The Bank has also been strengthening partnerships with Côte d’Ivoire’s civil society and private sector through a “Dialogue Series on Development in Côte d’Ivoire.” These partnerships provide a forum for debate and discussion between communities and national leaders. The Abidjan Country Office has implemented a communication program with a number of stakeholders to support a smooth political transition and economic recovery. These efforts seek to raise awareness and understanding among public opinion leaders of the objectives of the reform program while also providing a platform for exchanging views on the country’s priorities. The Bank has also prepared a strategy that provides for the establishment of a network of civil society organizations (CSO) representing a broad array of sectors, with which the Bank will hold regular consultations on its programs. The Country Office has also launched a quarterly magazine, “L’Espoir,” as part of this outreach effort.
Last updated: September 2013
The following are some of the outcomes achieved in 2013 under the Country Partnership Strategy.
13 boreholes were drilled and production facilities rehabilitated or constructed, allowing for the production of approximately an additional 54,000 m3 per day of drinking water in Abidjan, Korhogo, and in the secondary centers in the country’s interior
30,450 new household connections to the drinking water network were established
88 standpipes were constructed in Abidjan and Bouaké and 38 primary schools connected to the drinking water network
75 percent of waste produced in Abidjan is now collected and deposited in landfills
198 kilometers of urban roads were rehabilitated or constructed in Abidjan, Bouaké, Agboville, and Man
137 kilometers of the rainwater drainage system were rehabilitated or constructed in Abidjan, Bouaké, Agboville, and Man
The average duration of drinking water supply rose from 18 to 20 hours in the areas targeted by the project
Approximately 1 million additional persons have access to an improved drinking water supply in the towns of Abidjan, Bouaké, and Korhogo, and in the secondary centers in the country’s interior
Approximately 430,000 people have access to all-weather roads
Approximately 3.4 million people have access to an improved sanitation system