Benin : First Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waiver of Nonobservance of Performance Criterion, Request for Program Extension and Rephasing of Performance Criteria — Staff Report; Press Release; and Statement by the Executive Director for Benin

 
Author/Editor: International Monetary Fund
 
Publication Date: March 02, 2011
 
Electronic Access: Free Full text (PDF file size is 873KB).
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Summary: Performance under the Extended Credit Facility (ECF) program has been mixed. The revenue slippage was addressed partially with corrective actions. IMF staff supports the authorities' request for a waiver of a missed performance criterion and recommends the completion of the first review. The collapse of a number of unauthorized microfinance institutions has not had a measurable impact on the financial sector. Ex post assessment of performance under the 2005–09 poverty reduction and growth facility program highlighted progress in macroeconomic stabilization but weaknesses in growth performance.
 
Series: Country Report No. 11/60
Subject(s): Benin | Extended arrangement requests | Extended Credit Facility | Fiscal policy | Microfinance | Fiscal reforms | Economic indicators | Bank supervision | Nonbank financial sector | Performance criteria waivers | Political economy | Press releases | Staff Reports

Notes Also available in French
 
English
Publication Date: March 02, 2011
ISBN/ISSN: 9781455220014/1934-7685 Format: Paper
Stock No: 1BENEA2011002 Pages: 65
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
French
Publication Date: March 07, 2011
Format: A web quality merged PDF
Stock No: 1BENFT2011002
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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