Ivory Coast

Cote d’Ivoire increased its 2023 budget by 7% to 12.51 tln CFA francs, with the budget deficit projected to widen to 5.2% of GDP from an initial 4.8%. The country anticipates a GDP growth of 7% this year, up from 6.7% in 2022, and expects to end the year with an inflation rate of 4.8%, slightly lower than the 5.2% at the end of 2022.