Benin: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility
IMF Staff Country Reports, August 12, 2005
Source details
- Canonical URL
- Benin: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility
Other formats
Bibliographic details
- Published: August 12, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451803464.002
Overview
- Publication date: August 12, 2005
- Core message: The staff report highlights Benin’s economic developments and progress in structural reforms; despite a decade of good economic performance, poverty reduction remains a concern.
- Main focus of policy discussions: immediate measures to stabilize and restore the fiscal situation and to obtain structural reforms.
Key economic findings
- Benin experienced a decade of good economic performance.
- Persistent challenge: poverty reduction remains a concern.
Policy discussions and recommendations
- Immediate measures emphasized to:
- Stabilize the fiscal situation.
- Restore fiscal sustainability.
- Obtain structural reforms to support macroeconomic stability and growth.
Structural reform program
- Primary aim: Make progress in implementing the reform agenda of the cotton sector.
- Structural reforms are linked to broader objectives of fiscal stabilization and poverty reduction.
Subjects and keywords (as provided)
- Subjects: Agricultural commodities, Civil service reform, Commodities, Expenditure, Labor, Poverty, Poverty reduction, Poverty reduction strategy
- Keywords: Agricultural commodities, amount, authorities' strategy, Civil service reform, cotton sector, CR, exportled development strategy, government, government reform, ISCR, Nigeria, Poverty reduction, Poverty reduction strategy, PRGF loan, West Africa
Content in this bundle
- _cr05288 — IMF staff report