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World Ivory Coast elections: Ouattara's economic record under scrutiny

06:15  27 october  2020
06:15  27 october  2020 Source:   msn.com

Ethnic clashes in Ivory Coast opposition stronghold ahead of poll

  Ethnic clashes in Ivory Coast opposition stronghold ahead of poll House of presidential candidate N’Guessan burned down, several injured in Bongounou.Violence began on Friday in Bongouanou, the stronghold of opposition candidate and former Prime Minister Pascal Affi N’Guessan, as residents from different ethnic groups fighting with machetes while houses and shops were set on fire.

Presidential elections will be held in Ivory Coast on 31 October 2020. The President of Ivory Coast will be elected for a five-year term using the two-round system.

Another Ouattara victory. Ouattara has many things going for him in this election . In his decade in office, he has presided over an economy that has grown by more than Ouattara ’ s nemesis, Laurent Gbagbo, remains stuck in Belgium facing an appeal at the ICC and criminal charges in Ivory Coast .

Ivorian President Alassane Ouattara is seeking re-election on Saturday, campaigning on his record of economic growth and stability in a country shaken by a civil war nearly a decade ago.

a man standing next to a tree: Cacao is still the mainstay of the Ivorian economy, despite impressive growth in services © SIA KAMBOU Cacao is still the mainstay of the Ivorian economy, despite impressive growth in services

Analysts looking at Ouattara's claims say Ivory Coast's economy has indeed enjoyed strong growth -- the World Bank in August described it as "one of the best performing" south of the Sahara.

But its weaknesses are widespread poverty and income inequality, the fallout of the coronavirus pandemic and the uncertainties of the presidential ballot itself.

Young country, old rulers: Ivory Coast's election paradox

  Young country, old rulers: Ivory Coast's election paradox Ivorians on Saturday will be called out to vote in presidential elections where the frontrunners are nearly two generations older than the average citizen. Earlier this year, he promised to step down after a decade in power and hand on to a "new generation".Three-quarters of Ivory Coast's fast-growing population are under 35 years old -- the average age is just 19.

Ivory Coast ’s Soro Warns Ouattara May Inflame Vote Tension. Exiled Ivory Coast opposition leader Guillaume Soro said President Alassane Ouattara ’ s plans to seek a third term may inflame tensions as the country prepares That’s helped spur average annual economic growth of least 7% since 2012.

Ivory Coast ' s President Alassane Ouattara of the Rally of the Houphouetists for Democracy and Peace (RHDP) party and his wife Dominique prepare to cast ABIDJAN (Reuters) - Ivory Coast ' s incumbent president, Alassane Ouattara , had a commanding lead in early results of last weekend' s election

Ouattara, who came to power in 2011 after bloody post-election conflict, is accused by critics of sidestepping constitutional constraints in seeking a third term in office.

Since 2010, Ivory Coast's GDP more than doubled from $25.4 billion (21.5 billion euros) to $58.8 billion (49.75 billion euros) last year, making it the fastest-growing economy in West Africa.

map: Ivory Coast © Laurence SAUBADU Ivory Coast

Growth since 2011 has been around seven to eight percent annually, driven especially by telecoms and other services, and supported by heavy infrastructure investment, in electricity, roads and drinking water.

Agriculture remains a mainstay, especially cacao, of which Ivory Coast is the world's biggest producer, with 40 percent of the market. Cacao and its derivatives account for 15 percent of GDP, according to the World Bank.

Old men, chocolate and Ivory Coast's bitter election

  Old men, chocolate and Ivory Coast's bitter election The president's U-turn over a third-term bid has opened up wounds in a country with a history of civil wars.A political quarrel between three, now old, men has monopolised political life in Ivory Coast for over a quarter of a century.

Ivory Coast ' s President Alassane Ouattara has stunned his critics by announcing that he will not run for a third term, putting pressure on other regional leaders to follow his example, writes the BBC Newsday' s James Copnall from the main city, Abidjan. Stop me if you've heard this one before: an

A profile of Ivory Coast ' s widely recognised election winner, Alassane Ouattara , who has used his skills as an economist in his fight to take He was twice barred from running in presidential elections because he was regarded as a foreigner - as his mother was from neighbouring Burkina Faso.

"The Ivorian economy has experienced structural change, but is still too dependent on the public sector. The private sector still does not have enough heft to take over," said Youssouf Carius of investment company Pulsar Partners.

In August, Ouattara said his government had "reversed the poverty curve, which is in clear decline".


Video: First-time jobless claims totaled 787,000 last week, showing steady improvement for economy (NBC News)

According to a study led by the Ivorian National Statistics Institute and the World Bank, the poverty rate fell from 55.4 percent in 2011 to 39.5 percent in 2018. From 2011 to 2019, per-capita income doubled from $1,120 to $2,290.

a boat parked on the side of a building: Abidjan's popular Adjame market was among retail outlets that were shuttered in March when Ivory Coast imposed anti-coronavirus restrictions, since eased © ISSOUF SANOGO Abidjan's popular Adjame market was among retail outlets that were shuttered in March when Ivory Coast imposed anti-coronavirus restrictions, since eased

But other figures show this picture is rather more nuanced.

Alassane Ouattara, the economist of velvet with an iron hand

 Alassane Ouattara, the economist of velvet with an iron hand © Issouf SANOGO Ivorian president Alassane Ouattara during an interview with AFP at the presidential palace in Abidjan on October 28, 2020 President Alassane Dramane Ouattara, said ADO, wanted to leave the image of a builder and democratic economist, having pacified Côte d'Ivoire after a long murderous crisis. His candidacy for a controversial third term damaged his image, with the opposition accusing him of being a "dictator".

Ivory Coast , also known as Côte d'Ivoire, officially the Republic of Côte d'Ivoire, is a country located on the south coast of West Africa. Ivory Coast ' s political capital is Yamoussoukro in the centre of the

Ivory Coast ’ s ruling party nominated President Alassane Ouattara to run for a third term as leader of the world’ s top cocoa grower. The main opposition leader warned his candidacy would be illegal. The Rally of Houphouëtists for Democracy and Peace asked the president to seek reelection at a

As the country's population has risen from 20 to 25 million over the same period, there are still 10 million people in poverty, against 11 million a decade ago.

And precarity is widespread -- as many as 90 percent of jobs are in the informal sector.

"Poverty remains a challenge," the World Bank said, pointing out that Ivory Coast lags behind other countries in the region, and other low-middle-income economies, in education and health.

- Coronavirus hit -

In 2019, as the elections approached, Ouattara launched a billion-dollar two-year poverty alleviation plan, with help for the poorest households.

But within months, coronavirus struck.

Growth in 2020 is expected to fall to 1.8 percent because of the pandemic, with small companies bearing the brunt. More than two-thirds of families are struggling to meet basic needs.

However, there could be a rebound to five percent growth next year, which may approach pre-crisis levels in subsequent years.

The government has mustered "an economic, social and humanitarian support plan" for 2020-21, amounting to up to five percent of GDP.

Keys to the rebound are keeping the coronavirus outbreak under control locally, the World Bank said. "Social tensions" could be generated by the pandemic, "especially with the approaching elections," it warned.

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Ivory Coast opposition says forming 'transitional' govt after contested vote .
Ivory Coast's opposition leaders said Monday they were creating a 'transitional government' after boycotting a weekend election in protest over President Alassane Ouattara's bid for a contested third term. "This council's mission will be to create a transitional government within the next few hours."The move deepens a crisis that erupted in August when Ouattara said he would run again, to the fury of the opposition who called it a constitutional breach and an "electoral coup" in the West African country.

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