République de Côte d’Ivoire 2021-2030 - Sustaining High, Inclusive, and Resilient Growth Post COVID-19 : A World Bank Group Input to the 2030 Development Strategy
This report, initiated at the request of His Excellency President Alassane Ouattara to Hafez M. H. Ghanem, the World Bank Group Regional Vice President for Eastern and Southern Africa, is the first country application of the new regional strategy,...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/232621635224063141/Main-Report http://hdl.handle.net/10986/36454 |
| Summary: | This report, initiated at the request
of His Excellency President Alassane Ouattara to Hafez M. H.
Ghanem, the World Bank Group Regional Vice President for
Eastern and Southern Africa, is the first country
application of the new regional strategy, Supporting
Africa’s Transformation. Albert Zeufack, the Chief Economist
of the World Bank Group Africa Region, led a team to
synthesize knowledge and experience from Côte d’Ivoire and
across the world. The report incorporates the perspective of
the new International Development Association agenda, Jobs
and Economic Transformation, and addresses three operational
objectives for Côte d’Ivoire: create sustainable and
inclusive growth by maintaining macroeconomic stability,
fighting corruption, advancing digital transformation, and
maximizing private finance; strengthen human capital by
empowering women, reducing child mortality and stunting, and
improving education, health, and social protection; build
resilience against fragility and climate change. The
National Development Plan 2016-20 consolidated promarket
reforms and reaffirmed the ambition to reach
upper-middle-income status. Côte d’Ivoire is embarking on a
strategy to sustain strong gross domestic product (GDP)
growth through 2030 while rapidly reducing poverty. Côte
d’Ivoire’s aspiration of becoming an emerging market economy
with low levels of poverty requires a long period of strong
and inclusive growth. The report analyzes growth
trajectories and identifies the investments needed to
achieve and sustain desired levels of growth, along with the
corresponding financing needs. It discusses the
opportunities presented by the country’s surplus labor,
young population, and huge diversification potential. |
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