Benin : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Benin

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

January 7, 2016

Electronic Access:

Free Full text (PDF file size is 1099 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2015 Article IV Consultation highlights that for the third consecutive year, Benin is expected to reach solid economic growth in 2015 at about 5 percent, despite recent headwinds from the economic slowdown in Nigeria—Benin’s major trading partner. In 2016, increased public investment is expected to keep real GDP growth at about 5.2 percent, with inflation to remain subdued. The medium-term outlook is also positive overall, but subject to significant risks, including a further slowdown in Nigeria and delays of structural reforms that could weaken growth dynamics. Low debt levels help accommodate the government’s ambitious plans to further scale-up investment over the medium term.

Series:

Country Report No. 16/6

Subject:

Notes:

Also Available in French

English

Publication Date:

January 7, 2016

ISBN/ISSN:

9781513595818/1934-7685

Stock No:

1BENEA2016001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

70

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