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IMF promises transformation of Ivorian private sector debt.
Abidjan, Cote d'Ivoire (PANA) - IMF Managing Director, Horst Kohler pledged in Abidjan Wednesday that Cote d'Ivoire's private sector debts would be transformed into investment funds for small and medium-sized businesses.
"We intend to transform the private sector's debt to promote micro-financing with less costly investments," said Kohler, who is on an African tour.
He held talks with financial stakeholders, including Ivorian private sector leaders, at the Abidjan Chamber of Commerce and Industry.
"We need economic growth. Therefore, we must secure property and protect investors with a fair, open ...
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