Côte d’Ivoire recorded one of the strongest economic growth rates in the sub-Saharan region over the 2012-2019 period, with its Gross Domestic Product (GDP) rising by an average real annual rate of 8.2%, Finance and Budget Minister Adama Coulibaly recalled on Tuesday in Abidjan. This robust economy is driven by major investments in infrastructure and a policy favorable to the private sector, he explained, speaking at the opening of a seminar to present the Medium-Term Revenue Mobilization Strategy (SNMR) 2024-2028 to the private sector and civil society. In his words, Côte d’Ivoire has embarked on the structural transformation of its economy, with the share of the primary sector declining in favor of the secondary sector. Between 2015 and 2023, the primary sector’s share of GDP would have fallen from 18.4% to 14.4%, while the secondary sector would have risen from 20.4% to 24.5%. Adama Coulibaly also asserted that public investment had played a key role in growth over the period, with the completion of several major infrastructure projects, including the construction of roads, schools, hospitals and energy facilities. Turning to the ranking of African sovereign debt ratings, the Minister expressed his satisfaction that his country was ahead of South Africa. « Côte d’Ivoire presents one of the best credits on the continent, not to say the best, because for the first time, we are ahead of South Africa, » he said. #OMA #OrganisationMarocAfrikaCulturesetDéveloppement #NajibKettani #Economy #CoteDIvoire #Growth #AdamaCoulibaly
