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Ivory Coast Seeks More IMF Funding to Aid Budget as Cocoa Slumps

By Tony Seruga

Ivory Coast’s government said it is seeking more assistance from the International Monetary Fund to support the nation’s 2017 budget after cocoa prices slumped, hurting the finances of the world’s biggest grower.

“With cocoa prices falling, we have some new budget constraints,” government spokesman Bruno Kone said by phone from the commercial capital, Abidjan, on Sunday…

Ivory Coast Seeks More IMF Funding to Aid Budget as Cocoa Slumps

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