OREANDA-NEWS. Structural reforms and investment in infrastructure underpin Cote d'Ivoire's strong economic growth forecast in 2016-17, says Moody's Investors Service in a report published this week. The rating agency notes that the country's institutional strength remains low, but is on an improving trend.

Moody's report, entitled "Issuer in-depth, Government of Cote d'Ivoire -- Ba3 stable, Annual Credit Analysis" is available on www.moodys.com. Moody's subscribers can access this report via the link provided at the end of this press release. The rating agency's report is an update to the markets and does not constitute a rating action.

The country's economic growth is recovering strongly, with Moody's projecting medium-term growth at approximately 8%. That is significantly higher than the average for Sub-Saharan countries.