Wednesday 2 May 2018

NEW LAWS ON HOUSE RENT IN COTE D IVOIRE


Ceremony





Abidjan (Côte d'Ivoire) - The adoption of a law on rent guarantees "should take place in the coming weeks" in the National Assembly, announced Tuesday the Ivorian head of state Alassane Ouattara, occasion of Labor Day. 

Mr. Ouattara, speaking in front of the trade union centers, at the Palace of the Presidency, said that in the frame of the rents and house sureties, the adoption of a law "should intervene in the weeks to come by the National Assembly ". 

This session of Parliament should "implement the draft law on the residential lease adopted in July 2017" by the Ivorian government, said President Alassane Ouattara.

In their various speeches, the representatives of the trade union centers reported on the deposits of houses, deemed excessive by the population, thus causing the high cost of living. 

The Deputy Secretary General of the General Union of Workers of Côte d'Ivoire (Ugtci), Joseph Akanza, also called for "lowering the cost of basic necessities", among others, oil, rice, rice, soap. 

Mr. Ouattara assured that "more provisions will be made in strict compliance with the price cap of basic necessities", while instructing the ministers of guardianship to collect the demands of the unions.

The main household expenditure items in Côte d'Ivoire are transport, housing and electricity. To combat the high cost of living, the Ivorian government has introduced a bill limiting house deposits to two months and advances on rent to two months. 

Through this mechanism, the Ivorian government plans to implement a policy on lease contracts and to set a ceiling for residential leases. 

In Abidjan, the economic capital of the country, the owners of residential houses usually require three months 'deposit and three months' rent.

The housing deficit in Côte d'Ivoire is estimated at 400,000 units per year including 200,000 for the District of Abidjan. It is about 10% each year, leading to higher rent costs due to strong demand. 

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