Debt Management Performance Assessment: Côte d’Ivoire

Abstract

At the request of the Government of Cote d’Ivoire, a World Bank mission visited Abidjan on June 11 to 19, 2015, to conduct a second debt management assessment, following the first assessment done in June 2009. This mission provided an opportunity to assess the progress made with debt management since 2009, and to evaluate current performance against the new debt management performance assessment (DeMPA) methodology revised in May 2015, relative to the methodology used in June 2009. To provide an understanding of the comparison and tracking of progress noted, an annex to the report indicates the level of improvement or deterioration in the government’s debt management performance. The DeMPA tool is based on a methodological approach that facilitates evaluation of performance using different indicators that bring together all debt management functions. These indicators cover the following areas of activity: (i) governance and strategy development; (ii) coordination with monetary and fiscal policies; (iii) borrowing and related financing activities; (iv) cash flow forecasting and cash balance management; and (v) operational risk management and the recording and monitoring of loan guarantees. The DeMPA assesses the strengths and weaknesses of each country’s debt management without making recommendations or assumptions as to the potential effects of reforms under way.