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Ivory Coast’s 2027 budget reaches 18,466.1 billion CFA francs

By , based on Fraternité Matin

Ivory Coast’s 2027 budget reaches 18,466.1 billion CFA francs

The Ivorian draft state budget for 2027 stands at 18,466.1 billion CFA francs, 6.4% more than in 2026. Minister of Economy, Finance and Budget Adama Coulibaly presented it to the National Assembly’s Economic and Financial Affairs Committee, which adopted it, according to Fratmat.info. The appropriations, aligned with the 2026-2030 National Development Plan, go to human capital, infrastructure and the modernisation of the state, before a vote by Parliament for implementation in January 2027.

The Ivorian draft state budget for 2027 stands at 18,466.1 billion CFA francs, up 6.4% from the 17,350 billion of 2026. Minister of Economy, Finance and Budget Adama Coulibaly presented it to the Economic and Financial Affairs Committee of the National Assembly, which adopted it, according to Fraternité Matin.

The minister says the budget is part of the 2026-2030 National Development Plan, with allocations for human capital, infrastructure, economic transformation and the modernisation of the state. It relies on expected growth of 6.6% in 2027, compared with 6.2% in 2026, while global growth is projected at 3.4%, compared with 3%.

The assumptions assume oil at 100 dollars a barrel, as in 2026, cocoa at 2,453.2 CFA francs a kilogramme, compared with 2,447.6 CFA francs, and cashew nuts at 788 CFA francs a kilogramme, compared with 842.6 CFA francs. Adama Coulibaly cites the war in Ukraine, tensions in the Middle East and climate change among the factors of uncertainty.

The draft must be voted on by Parliament for effective implementation in January 2027. It is presented three days after the validation of a US compact of 322.5 million dollars and an Ivorian VAT rate of 9%, on 7 November.

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