Côte d'Ivoire Financial Services

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The onset of a Covid-19-induced global recession has affected both labour markets and financial flows around the world. At the confluence of these two are remittances, which have increasingly been among the top contributors to GDP in many emerging markets over recent decades. The issue is particularly pertinent for the countries located in the...

Chapter | Capital Markets from The Report: Cote d'Ivoire 2020

West Africa’s stock exchange, the Bourse Régionale de Valeurs Mobilières (BRVM) has come a long way since...

Chapter | Banking from The Report: Cote d'Ivoire 2020

The banking sector has been central to the country’s ongoing economic recovery, providing a strong growth...

Côte d’Ivoire is an economic powerhouse in West Africa, posting average growth of 8% between 2011 and 2018. However, the rate of GDP growth in real terms fell to 6.7% in 2019 and is expected to contract to 2.7% in 2020 due to the Covid-19 pandemic and subsequent widespread shutdowns. Looking to the future, the IMF expects growth to rebound to 8.7% in 2021, highlighting the country’s economic resilience. 


UEMOA member states’ budget execution in 2017 resulted in an aggravation of budget deficits in comparison to 2016, in conjunction with increases in investment and current expenditure. In this context the UEMOA states have resorted to sovereign debt emissions to cover their resource needs. The outstanding amount of their West African CFA franc...


How have banks and the regional stock market responded to the tightened capital requirements?

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