Friendlier to President Laurent Gbagbo than most donors, Paris has persuaded the European Union to offer vital budget support to Abidjan. This may tide Côte d'Ivoire over to qualify for a full International Monetary Fund recovery programme late this year or early next, with a 'Poverty Reduction and Growth Facility', then debt relief. An IMF staff monitored programme will watch finances, while the EU awaits progress towards governance reforms.
To read the rest of the article you need to either log in or do one of the following:
SUBSCRIBE
order a free sample copy
Issue archiveSearch our 9-year online archive
Looking for a specific issue of Africa Confidential? |