Côte d’Ivoire - Public Finance Review - Report No AUS0003539

Jul 19, 2026

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Côte d’Ivoire Public Finance Review presents an assessment of fiscal conditions and the country’s public finance performance, with emphasis on macroeconomic fundamentals and fiscal sustainability. The review is structured in multiple parts, combining fiscal sustainability analysis, debt sustainability analysis, and budget classification and performance monitoring concepts. It also supports budgeting and data initiatives aimed at improving budgetary decision-making, transparency, and accountability for stakeholders and policy practitioners.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages154

Reading Time6 h 28 min

AccessFree to download

Part I: Strengthening macroeconomic fundamentals

Fiscal Sustainability Analysis

Debt Sustainability Analysis

Budget rigidities

Part II

Program budgeting

Definitions and abbreviations

Pub lic Disc losure Authorized Côte d’Ivoire Public Finance Review Odyssey in (fiscal) space Stepping up the mid-income ladder in times of uncertainty Part I: Strengthening macroeconomic fundamentals Report No: AUS0003539 ed Acknowledgement The Public Finance Review was prepared by a team led by Nathalie Picarelli and Solene Rougeaux. Part I was prepared drawing from the background analyses of Naomi Rose Alexander, Sacha Dray, Alex Girón Gordillo, Leif Jensen, Eduardo Malasquez Carbonel, Ariel Melamud, Yasmine Osman, Djedje Hermann Yohou, Immanuel Steinhilper, Joao Leonel Antunes Morgado, Saidou Diop. Part II was prepared drawing from the background analyses of (education) Ali Coulibaly, Sophie Cerbelle, Ezechiel Abouro Djallo, Yves Jantzem, (health) Opope Oyaka Tshivuila Matala, Ndoh Ashken Sanogo, Adama Traore, (social protection) Cathy Seya,(spending efficiency) Nelly Rakoto Tiana. The report was prepared under the overall guidance of Coralie Gevers (Country Director), Abebe Adugna (Regional Director), and Theo David Thomas (Practice Manager) . Helpful advice and comments were received from Markus Kitzmuller, Andrea Coppola, Rob Swinkels, Ruslan G. Yemtsov. And from peer reviewers Amina Coulibaly, Emilija Timmis, Anthony Ramarozatovo (IMF), Michael Weber. Micky O. Ananth (Operations Officer), Theresa Bampoe (Program Assistant) and Aukey Paule Mavie Assoukpe (Team Assistant) provided excellent administrative and operational assistance. Robert McGowan provided editorial support. The team gratefully acknowledges the collaboration with the Ivorian authorities. The PFR reflects the discussions from a workshop held in May 2023 to present preliminary results. All figures are extracted from the paintings of James Houra. C Ô T E D ’ I V O I R E • P U B L I C F I N A N C E R E V I E W Abbreviations and Acronyms | CIT | Corporate Income Tax | PFM | Public Financial | Management | | --- | --- | --- | --- | --- | | CFAF CFA Franc COVID-19 Corona virus disease DSA Debt sustainability analysis ECOWAS Economic Community of West African States GDP Gross domestic product HCI Human Capital Index IMF International Monetary Fund LICs Low-income countries | | PIMA Public Investment Management Assessment PIT Personal Income Tax PP Percentage point TGS Taxes on goods and services SSA Sub-saharan Africa TFP Total factor productivity WAEMU West African Economic and Monetary Union WB World Bank | | | | LMICs | Lower-middle income countries | | | | C Ô T E D ’ I V O I R E • P U B L I C F I N A N C E R E V I E W Definitions | Tax buoyancy | The buoyancy of a tax system measures the total response of tax revenue both to changes in national income and to discretionary changes in tax policies over time, and it is traditionally interpreted as the percentage change in revenue associated with a one percent change in income. A tax buoyancy of 1 indicates that a 1 percent increase in output results in a 1 percent increase in tax revenue. In the long term it is generally expected that buoyancy is equal to 1. | | --- | --- | | Fiscal Sustainability Analysis | Fiscal sustainability analysis is the use of a simple set of tools to analyze a government's budget and its debt position. It leads to conclusions-given a government's debt level-about the appropriateness of fiscal policy. See World Bank. | | Budget rigidities | Fiscal rigidity is defined as “the institutional constraints that limit the ability to change the level or structure of public budgets in a specified period of time”(Cetrángolo et al, 2010) . According to this framework, salary and wages (salary) and public transfers are considered highly rigid, goods and services (professional services) have medium-high rigidity, public transfers and contingency have medium rigidity while capital and development, goods and services (except professional services) exhibit low rigidity | | Debt Sustainability Analysis | The World Bank Group and the IMF work with low-income

FAQs

What is the focus of Part I in the Public Finance Review?

Part I focuses on strengthening macroeconomic fundamentals through analysis of fiscal conditions.

How does the document define fiscal sustainability analysis?

Fiscal sustainability analysis uses a set of tools to examine a government’s budget and debt position to assess the appropriateness of fiscal policy given the debt level.

What is program budgeting and why is it important?

Program budgeting groups expenditures by related policy objectives and links them to performance monitoring indicators, improving accountability for results.

Jul 19, 2026

Upload by Aurora