Benin: Sixth Review Under the Extended Credit Facility Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion-Staff Report; and Press Release

 
 
Publication Date: June 03, 2014
 
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Summary: This paper discusses Benin’s Sixth Review Under the Extended Credit Facility (ECF) Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion (PC). The last review of Benin’s ECF arrangement confirms the improved growth performance during the program. Real GDP growth is expected to reach about 5½ percent in 2014 for the third consecutive year. The government is tackling emerging issues in several areas to reduce risks to the good macroeconomic performance. The IMF staff recommends completion of the review and supports the authorities’ request for a waiver of the PCs on nonconcessional borrowing.
 
Series: Country Report No. 14/150
Subject(s): Extended Credit Facility | Economic growth | Fiscal policy | Fiscal reforms | Banking sector | Economic indicators | Staff Reports | Press releases | Performance criteria waivers | Benin

Notes Full text is also available in French
 
English
Publication Date: June 03, 2014
ISBN/ISSN: 9781498359443/1934-7685 Format: Paper
Stock No: 1BENEA2014001 Pages: 42
Price:
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