Economy

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An open economy with trade accounting for 91% of GDP in 2013, Côte d’Ivoire has traditionally held a central position in regional trade. The heavyweight of the West African Economic and Monetary Union (Union Economique et Monétaire Ouest-Africaine, UEMOA) with 35% of regional GDP, the country lost some of its stature over the decade of unrest....

The National Development Plan (NDP) boosted public investment from 3% of GDP in 2011 to 9.7% by 2015, but headline spending is not the only notable aspect of Côte d’Ivoire’s fiscal policy. With donor support the authorities have also made headway on improving execution of spending and shifting funds to capital projects – even if recurrent...

While Côte d’Ivoire has a natural advantage in the West African Economic and Monetary Union (Union Economique et Monétaire Ouest-Africaine, UEMOA), with the region’s largest market and most developed infrastructure, authorities are striving to improve the country’s soft infrastructure to improve rankings in international investment climate...

A heavyweight within the West African Economic and Monetary Union (Union Economique et Monétaire Ouest-Africaine, UEMOA), accounting for 35% of the eight-member region’s GDP, Côte d’Ivoire’s growth is a bellwether for Francophone West Africa. Driven by rising public spending and public-private partnerships (PPPs) in infrastructure projects,...

The long-awaited introduction of compulsory medical insurance in Dubai took effect in September 2014, through the first stages of a phased implementation that will bring universal health coverage to all the emirate’s residents by 2016. The plan, which was approved by the government in late 2013, is expected to create new opportunities for insurers, though price...

In the UAE, insurance is licensed by the federal regulator for operators in all seven emirates, the Insurance Authority (IA). The sector is highly competitive, with 60 companies angling for business, according to the IA’s 2013 annual report, in a market where insurance has not yet gained popular acceptance as an essential financial service. Owing to a low penetration...

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