IMF forecasts country's GDP growth of 8.4%

07:24 - 26 September 2015

Women sell henna at Adjame's Market ahead of Eid al-Adha in Abidjan, Ivory Coast September 23, 2015. REUTERS/Thierry Gouegnon

The International Monetary Fund projected on Friday 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.

The International Monetary Fund projected on Friday 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.

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.