|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|
|DAC Sector Code||11330|
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.
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.
The main beneficiaries of the program are the banking institutions.
African Development Bank
GOUVERNEMENT DE LA COTE D'IVOIRE MINISTERE DE L'ECONOMIE ET DES FINANCES
|Last Update||15 Apr 2021|