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    Ivory Coast

    The Total-operated Saphir-1XB exploration well on Block CI-514 proved the presence of liquid hydrocarbons in the deep offshore west of Ivory Coast.

    The Executive Board of the International Monetary Fund (IMF) today completed the second review of Côte d’Ivoire’s economic performance under the program supported by Extended Credit Facility (ECF). Completion of the review enables the immediate disbursement of an amount equivalent to SDR 65.04 million (about US$99.8 million). This will bring total disbursements so far under the arrangement to an amount equivalent to SDR 211.38 million (about US$324.4 million).

    Year-on-year inflation in Ivory Coast rose to 3 percent in October from 2.2 percent in September, figures from the National Statistics Institute showed on Tuesday.

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