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Vol 42 No 14

Published 13th July 2001

Côte d'Ivoire

Conditionally yours

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.

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