1. This paper presents a final assessment of the eligibility and
qualification of the Republic of Cote d'Ivoire (hereafter Cote
d'Ivoire) for assistance under the Enhanced HIPC Initiative.1 It
builds on the preliminary HIPC document for Cote d'Ivoire discussed
by the Executive Boards of the IMF and IDA on December 12 and 16,
2008, respectively.2 Directors agreed that Cote d'Ivoire is
eligible for assistance under the HIPC Initiative and that Cote
d'Ivoire could reach the decision point provided the authorities i)
strengthened performance under the IMF-supported program to
end-2008, ii) agreed on appropriate completion point triggers, iii)
put in place a poverty reduction strategy, and iv) cleared all
outstanding arrears with multilateral creditors or reached
agreements to clear them in the context of the PRGF arrangement.
The triggers proposed in the preliminary document were broadly
agreed by Directors, though suggestions were made for strengthening
in certain areas as well as for a streamlining."
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