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Arreas Clearance Plan
This document proposes a clearance plan for Côte d'Ivoire’s arrears to the Bank Group, which is fully consistent with the overall plan for the re-engagement of the country’s development partners. This arrears clearance plan, with the assistance of the Fragile States Facility (FSF), follows on from the Overall Country Strategy Note (OCSN) for 2009-2010, in which Côte d'Ivoire’s eligibility for the Arrears Clearance Window (ACW) of the FSF was approved. The aim of this arrears clearance plan is to help Côte d'Ivoire benefit from assistance under the Heavily Indebted Poor Countries Initiative (HIPC) so as to eventually return to a debt situation that is sustainable. Indeed, Côte d’Ivoire has been
eligible for the HIPC Initiative since it was launched in 1996, but has not yet reached the decision point because of the long sociopolitical crisis in the country, and which deteriorated in 2002. Prior to receiving debt relief under the HIPC Initiative, Côte d'Ivoire must clear its arrears to the Bank Group.
eligible for the HIPC Initiative since it was launched in 1996, but has not yet reached the decision point because of the long sociopolitical crisis in the country, and which deteriorated in 2002. Prior to receiving debt relief under the HIPC Initiative, Côte d'Ivoire must clear its arrears to the Bank Group.