Ivory Coast to see GDP growth of 8.5 pct in 2016: IMF

Wed Mar 16, 2016 6:37am GMT
 

DAKAR (Reuters) - Ivory Coast's economy will grow by 8.5 percent this year, down slightly from from 8.6 percent in 2015, while inflation is expected to remain low, the International Monetary Fund (IMF) said in a statement on Tuesday.

The world's top cocoa grower and French-speaking West Africa's largest economy, Ivory Coast has rebounded from a decade of political turmoil to become one of the continent's rising stars. However, the IMF figure was lower than a January budget ministry forecast of 9.8 percent.

(Reporting by Joe Bavier; Editing by Emma Farge)

A worker holds cocoa beans at SAF CACAO, a export firm in San-Pedro, Ivory Coast January 29, 2016. REUTERS/Thierry Gouegnon

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