IMF Staff Country Reports

Benin: 2019 Article IV Consultation, Fourth Review under the Extended Credit Facility Arrangement, and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Benin

July 2, 2019

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Benin: 2019 Article IV Consultation, Fourth Review under the Extended Credit Facility Arrangement, and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Benin, (USA: International Monetary Fund, 2019) accessed December 1, 2024

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Summary

The economy continues to grow at a fast pace, driven by port activity and cotton production. The execution of the 2019 budget is on track to bring the fiscal deficit within the WAEMU convergence criterion of 3 percent of GDP this year. Program implementation remains very satisfactory with all end-December 2018 quantitative performance criteria (QPCs) and structural benchmarks (SBs) met.

Subject: Capital spending, Debt sustainability, Expenditure, External debt, Government debt management, Public debt, Public financial management (PFM), Revenue administration

Keywords: Capital spending, Consolidation effort, CR, Debt maturity, Debt ratio, Deficit, Eurobond issuance, Financing mix, Global, Government debt management, ISCR, Reform commitment, West Africa

Publication Details

  • Pages:

    122

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2019/203

  • Stock No:

    1BENEA2019001

  • ISBN:

    9781498323802

  • ISSN:

    1934-7685