Benin: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Benin
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Summary:
The staff report for the Second Review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF) highlights Benin’s macroeconomic framework. All quantitative performance criteria (PC) and benchmarks for the period through end-December 2006 were observed, but one structural performance criterion and one structural benchmark were missed. Reform of the civil service pension fund is urgently needed. Benin’s newly issued Growth and Poverty Reduction Strategy Paper (GPRSP) places renewed emphasis on private sector-led economic growth.
Series:
Country Report No. 2007/213
Subject:
Agricultural commodities Balance of payments statistics Banking Commodities Current account balance Economic and financial statistics Fiscal policy Fiscal stance Poverty Poverty reduction strategy Public financial management (PFM)
English
Publication Date:
June 21, 2007
ISBN/ISSN:
9781451803495/1934-7685
Stock No:
1BENEA2007002
Pages:
69
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