## Benin: Technical Assistance Report-Public Investment Management Assessment

_IMF Staff Country Reports, January 27, 2020_

## Source details

**Canonical URL:** [Benin: Technical Assistance Report-Public Investment Management Assessment](https://www.imf.org/en/publications/cr/issues/2020/01/27/benin-technical-assistance-report-public-investment-management-assessment-48986)

## Other formats

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## Bibliographic details
- Published: January 27, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513528090.002

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### Summary
- The Public Investment Management Assessment (PIMA) of Benin found an institutional framework of high quality but ineffective implementation.
- The mission applied the PIMA methodology used in several countries, focusing on:
  - assessing the institutional strengths for each institution in the analytical framework, and
  - evaluating effective implementation.
- In 2016 the authorities adopted an ambitious investment plan, the government action program (PAG), designed to stimulate Benin's economic and social development.
- The PAG identifies investments in flagship sectors and provides recourse primarily to new financing mechanisms, such as public-private partnerships, to realize these investments.
- The report highlights that, in connection with PAG implementation, the financial incidences of selected projects should be fully accounted for and reflected in the budget documentation to ensure their sustainability.
- Enhanced coordination of planning and budget exercises would encourage a better consideration of recurrent expenditure.

### Key findings and emphasis
- Institutional quality: High-quality institutional framework exists.
- Implementation gap: Effectiveness is limited by weak implementation.
- Investment planning: PAG (2016) is ambitious and central to development strategy.
- Financing approach: PAG relies primarily on new financing mechanisms, including public-private partnerships (PPPs).
- Fiscal sustainability: Financial incidences of selected projects need full accounting and reflection in budget documentation.
- Expenditure management: Better coordination between planning and budget exercises is needed to account for recurrent expenditure.

### Policy implications and recommendations (as reflected in the summary)
- Fully account for and reflect the financial incidences of selected PAG projects in budget documentation to ensure sustainability.
- Enhance coordination between planning and budget exercises to improve consideration of recurrent expenditures associated with investment projects.
- Utilize and manage new financing mechanisms (including PPPs) with attention to their fiscal implications.

### Subject areas and keywords
- Subject: Budget planning and preparation; Capital spending; Expenditure; Public financial management (PFM); Public investment and public-private partnerships (PPP); Public investment spending
- Keywords: Africa; Budget planning and preparation; Capital spending; cash resource; central government; commitment authorization; CR; decision-making authorities; executive authorities; government action program; investment project; ISCR; local government; payment appropriation; PPP support unit; public investment; Public investment and public-private partnerships (PPP); Public investment spending; Sub-Saharan Africa; West Africa

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- **1benea2020001**
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_Source: https://www.imf.org/en/publications/cr/issues/2020/01/27/benin-technical-assistance-report-public-investment-management-assessment-48986_