International Monetary Fund (IMF) Executive Board Approves US$1.3 Billion under the Resilience and Sustainability Facility for Cote d’Ivoire
The RSF arrangement will support the reforms of the Ivorian authorities to strengthen adaptation and mitigation, particularly in the areas of agriculture, transport, infrastructure, and public financial management
The IMF Executive Board approved a 30-month RSF arrangement for Côte d’Ivoire for a total amount of SDR975.6 million (approximately US$1.3 billion); Côte d’Ivoire is exposed and vulnerable to climate change. Rising temperatures, rainfall disruptions, flooding, rising sea levels and coastal erosion are major challenges and represent recurring risks for…