IMF Forecasts Ivory Coast GDP Growth of 8.4% in 2015/16

The International Monetary Fund (IMF) has projected that the economy of top cocoa producer Ivory Coast, now in the midst of a post-war revival, will grow by 8.4 percent this year and next while inflation is expected to remain moderate, according to Reuters’ report.

Achieving the strong growth figures would depend on a sustained growth of private sector investment and the external environment remaining favourable, Michel Lazare, Assistant Director in the IMF's African Department, said in a statement.