Finance Minister of the Year, Africa

Charles Koffi Diby, Côte d'Ivoire

Before 2008, economic policy paralysis had largely prevailed in Côte d'Ivoire since an attempted coup and civil war in 2002. A default on commercial debt (mostly Brady bonds) in 2000 had not been cured, an International Monetary Fund (IMF) loan programme signed in 2002 had lapsed in 2005 without being replaced, and the country was running arrears to the Paris Club of bilateral creditor governments.

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