Programme Ajustement Secteur Financier


Project Summary

Approval Date 23 Mar 1992
Signature Date 10 Apr 1992
Planned Completion Date 31 Dec 1995
Last Disbursement Planned Date 31 Dec 1995
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 11330
Commitment U.A 49,999,517.26
Status Completion

Project General Description

The financial sector adjustment programme (FISAP) aims to support the economic recovery drive through the promotion, in an appropriate environment, of a solvent nd diversified financial system. This is a financial sector recovery program that was designed because of the situation of the banking system which no longer covers the credit needs of economic agents, especially for investment and the need to restore the liquidity of the economy. The programme comprised a set of measures centering, in large part, around four components, namely: a) improvement of the banking and judicial environment; b) restructuring of the banking system; c) rehabilitation of the insurance sector; d) reform of the Abidjan Stock Exchange.

Project Objectives

The broad objective of the reform is to promote,within an appropriate framework,a solvent and diversified financial system that can meet the savings and credit needs of the economic operators to provide support for economic recovery efforts.

Beneficiaries

The main beneficiaries of the program are the banking institutions.

Participating Organization

Funding
African Development Bank
Implementing
GOUVERNEMENT DE LA COTE D'IVOIRE MINISTERE DE L'ECONOMIE ET DES FINANCES

Information

IATI identifier 46002-P-CI-KZ0-001
Last Update 15 Apr 2021

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Geographic Location

Country Cote d'Ivoire