Country Risk

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Wider Deficit On Weak Cocoa And Army Bonuses

Côte d'Ivoire's fiscal deficit will peak in 2017, as subdued revenue growth and higher public sector wage growth weighs on government finances, before slowly narrowing thereafter. While the country is boosting its debt issuances to fund its increased fiscal shortfalls, we believe debt dynamics are sustainable in the long term given strong growth and gradually improving cocoa prices.




Chua Han Teng

Senior Analyst, Asia Country Risk and Financial Markets
Asia Country Risk | Singapore

Daniel Richards

Senior Analyst, Sub-Saharan Africa Country Risk
Africa Country Risk | London

Lucas Dos Santos

Head of Europe Country Risk
Europe Country Risk | London

Lyndsey Anderson

Global Head of Research
Country Risk | London


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