Benin: Staff Report for the 2002 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility, and Requests for an Extension of the Poverty Reduction and Growth Facility Arrangement and for an Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries
August 5, 2002
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This paper assesses Benin’s 2002 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility (PRGF), and Requests for an Extension of the PRGF Arrangement and for an Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). Macroeconomic performance remained broadly in line with the objectives of the PRGF-supported program in 2001. All performance criteria and structural benchmarks for end-December 2001 were met, except the benchmark on the adoption of an action plan for the privatization of the state-controlled bank.
Subject: Agricultural commodities, Banking, Commodities, Education, Expenditure, Poverty, Poverty reduction, Poverty reduction strategy
Keywords: Agricultural commodities, broad money, CR, growth, IMF's assessment, ISCR, Poverty reduction, Poverty reduction strategy, PRGF arrangement, PRGF loan, PRGF-supported program, SDR, West Africa
Pages:
91
Volume:
2002
DOI:
Issue:
158
Series:
Country Report No. 2002/158
Stock No:
1BENEA0012002
ISBN:
9781451803358
ISSN:
1934-7685
