## Benin: Poverty Reduction and Growth Strategy

_IMF Staff Country Reports, December 5, 2023_

## Source details

**Canonical URL:** [Benin: Poverty Reduction and Growth Strategy](https://www.imf.org/en/publications/cr/issues/2023/12/04/benin-poverty-reduction-and-growth-strategy-541997)

## Other formats

- [Markdown version](/en/publications/cr/issues/2023/12/04/benin-poverty-reduction-and-growth-strategy-541997/index.md)
- [Structured JSON version](/en/publications/cr/issues/2023/12/04/benin-poverty-reduction-and-growth-strategy-541997/index.json)
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## Bibliographic details
- Published: December 5, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400260612.002

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### Overview
- The National Development Plan (PND) specifies strategic benchmarks for development activities for the eight-year period until 2025, the target date for the implementation and completion of the Vision.
- The chosen strategic option is to make agroindustry, tourism, and services the engine of inclusive, sustainable economic growth in a context of more effective national and local governance, based on the development of human capital and infrastructures.

### Key findings
- Low literacy rate.
- Low performance levels in the education system.
- Vulnerable public health situation due to insufficient public access to health services.
- Benin’s comparative advantages and the ambitions enshrined in the Benin 2025 Alafia Vision underpin the strategic choice for structural transformation.
- Developments in international and regional trends informed the selection of priority sectors.

### Strategic priorities and sectors
- Priority sectors:
  - Agroindustry
  - Tourism
  - Services
- Cross-cutting enablers:
  - More effective national and local governance
  - Development of human capital
  - Development of infrastructures

### Environmental sustainability and regional development
- Sustainable management of living conditions and the environment is required.
- Emergence of regional development hubs is a strategic objective.
- Ensuring enforcement of legislative and regulatory texts is necessary to support sustainability and regional hubs.

### Implementation implications and policy direction
- Focus policy and investment on:
  - Strengthening education outcomes and literacy.
  - Expanding public access to health services to reduce public health vulnerabilities.
  - Promoting agroindustry, tourism, and services as engines of inclusive, sustainable growth.
  - Improving national and local governance capacity.
  - Investing in human capital and infrastructure that support priority sectors.
  - Enforcing legislative and regulatory frameworks to safeguard environmental sustainability and facilitate regional development hubs.

*Source: Benin: Poverty Reduction and Growth Strategy, IMF Staff Country Report No. 2023/382.*

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## Content in this bundle

- **Benin: Poverty Reduction and Growth Strategy; IMF Country Report No. 23/382; May 10, 2023**
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_Source: https://www.imf.org/en/publications/cr/issues/2023/12/04/benin-poverty-reduction-and-growth-strategy-541997_