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Ivory Coast - Second Structural Adjustment Loan Project (English)

The Second Structural Adjustment Project will be the second to support the implementation of the Government's comprehensive program of structural adjustment. This more intensive phase of the program is outlined in the Economic Policy Declaration of the Government to the Bank. The principal aim of this program of basic policy changes is to promote sustainable growth and increase public savings in the medium term. To achieve these objectives detailed action programs will be implemented over the next twelve months to: (a) further improve public finance management and investment policy; (b) rehabilitate parastatal enterprises and improve their management; (c) make additional improvements to the agricultural incentive system; (d) promote the resumption of industrial growth and improve the structure of Ivorian industry through reducing the excessive levels of protection and removing distortions in industrial incentives; and (e) substantially reform housing policy through reducing public subsidies, improving private savings mobilization, and inducing a structural shift in housing investment from the public to the private sector. The foreign exchange provided by the loan will be used to finance essential imports.

Details

  • Document Date

    1983/06/30

  • Document Type

    President's Report

  • Report Number

    P3613

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Cote d'Ivoire,

  • Region

    Africa,

  • Disclosure Date

    2010/06/24

  • Disclosure Status

    Disclosed

  • Doc Name

    Ivory Coast - Second Structural Adjustment Loan Project

  • Keywords

    ratio of debt service to export;fruit and vegetable;public investment program;financial situation;balance of payment;public saving;terms of trade;palm oil;structural adjustment program;water supply and sewerage;acceptable rate of return;small and medium-scale enterprise;high real interest rate;external terms of trade;Livestock Production;law of business corporation;Small and Medium Scale Enterprise;parastatal enterprise;public sector deficit;structural adjustment process;current account deficit;front end fee;financial control system;Public Finance Management;high growth rate;variable interest rate;cost benefit analysis;international financial market;public administration system;debt service burden;recovery program;industrial incentive system;education and health;effective exchange rate;social science faculty;debt service projection;public sector resource;Type of Investment;Public Enterprise Reform;forestry development;debt amortization;return to investment;gnp per capita;international oil company;sound financial practice;current account balance;debt service ratio;development of infrastructure;central government revenue;investment in exploration;private venture capital;public service function;agriculture and industry;degree of autonomy;management performance;government financial support;market interest rate;public investment spending;consumption price index;total public debt;size and structure;export of goods;international railway company;public enterprise operations;world market price;structural adjustment reform;palm oil price;public enterprise sector;domestic interest rate;severe financial crisis;short term credit;oil production;investment programming;current expenditure;foreign borrowing;investment budget;urban agricultural policy;housing sector;forest zone;agricultural sector;counterpart fund;financial stabilization;government response;public resource;Economic Management;oil sector;external imbalance;external shock;housing program;agricultural agency;financial weakness;public subsidy;private saving;agricultural production;project selection;monetary policy;world price;investment policy;action programs;cocoa price;infrastructure network;oil output;financial constraint;external borrowing;french franc;management audit;producer price;public entity;Exchange Rates;fiscal measure;financial program;modern sector;supply response;Public Spending;social objective;planning capacity;legal classification;medium-term planning;Annual Pay Increase;noncommercial activities;tariff policy;tariff change;accurate forecast;Population Growth;commercial company;government's budget;capital formation;government administration;legal framework;inadequate fund;budgetary allocation;commercial enterprise;financial information;operational responsibility;budgetary subsidy;budgetary subsidies;competitive sector;precautionary measure;commercial activity;public company;pricing policy;administrative expense;soy bean;price distortion;quantitative restriction;Agricultural Institution;initial price;internal imbalance;cumulative effect;industrial sector;export earnings;general development;small holder;dry season;forest fire;financial equilibrium;financial rehabilitation;supervisory mechanism;resource transfer;clear definition;sound management;management efficiency;financial datum;efficient system;government's action;export commodity;oil crisis;positive impact;bureaucratic procedure;budgetary discipline;housing financing;rice mill;consumer price;urban housing;financial audits;cotton farmer;active participation;exogenous factor;agricultural planning;legal instrument;agricultural incentive;industrial growth;educational system;improving productivity;Housing Policy;foreign exchange;excessive levels;trade surplus;constant price;monetary capital;price stabilization;political environment;private initiative;public policy;open economy;skilled personnel;investment rate;income growth;export price;domestic demand;free convertibility;export crop;foreign market;income generation

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Citation

Ivory Coast - Second Structural Adjustment Loan Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/815031468236110749/Ivory-Coast-Second-Structural-Adjustment-Loan-Project