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Ivory Coast records double digit growth - President Ouattara

Ivory Coast records double digit growth - President Ouattara

Ivory Coast

Ivory Coast has experienced a double digit growth in 2015 surpassing an International Monetary Fund figure of 8.6 percent.

The country’s economy grew by 10.3 per cent in line with a promise made by President Alassane Ouattara during elections.

This news comes days after a terror attack left at least 18 dead in the country but Ouattara remains confident of the nation’s growth and stability.

I received the mission of the IMF last week. I told them it has been four years that we have differences in our numbers and each time you come back and say that Ivory Coast is right.

Despite the difference of growth estimates between the government and the IMF, Ouattara defended his figure, according to Reuters news agency.

“I received the mission of the IMF last week. I told them it has been four years that we have differences in our numbers and each time you come back and say that Ivory Coast is right.”

The IMF recently concluded a mission in Ivory Coast and stated that the country’s economic outlook remains robust and this has allowed for a decline in poverty and macroeconomic imbalances have been curbed.

Growth in the West African powerhouse has been formidable and the government continues to focus on infrastructure projects, job creation, and improving its business climate to lure investors after years of political paralysis.

Since 2011, been experiencing rapid growth and increased stability .

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