Benin Resident Representative Site
Resident Representative Office in Benin
This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Benin and the IMF. Additional information can be found on Benin and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Benin.
News and Highlights
Benin and The IMF
Press Release: IMF’s West AFRITAC Steering Committee recognizes the growing role of the Center in pushing for reforms in the region
Benin: Sixth Review Under the Extended Credit Facility Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion-Staff Report; and Press Release
IMF Executive Board Completes Sixth Review Under the Extended Credit Facility Arrangement for Benin and Approves US$16.4 Million Disbursement
Regional Economic Outlook for Sub-Saharan Africa
The October 2014 Regional Economic Outlook: Sub-Saharan Africa anticipates continued strong growth in much of Sub-Saharan Africa, driven by efforts to invest in infrastructure and by strong agricultural production. However, the current Ebola outbreak in Guinea, Liberia, and Sierra Leone is exacting a heavy toll, with spillovers to neighboring countries. In addition, external threats to the region's overall positive outlook include global financial conditions and a slowdown in emerging market growth. Other topics are building resilience in fragile states and addressing the infrastructure deficit.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.
- IMF Opens Africa Training Institute
- Press Release
- Remarks by IMF's Deputy Managing Director Min Zhu at the Africa Training Institute Opening Ceremony
- Video: Capacity Development in Africa: A Conversation with Deputy Managing Director Min Zhu
WEST AFRICAN ECONOMIC AND MONETARY UNION (WAEMU): Staff Report on Common Policies for Member Countries, April 2013
The region faced new political and security challenges in 2012. Military coups occurred in Guinea-Bissau and Mali, and the northern part of Mali was taken over by terrorist groups. However, area-wide growth is estimated to have exceeded 5.5 percent in 2012, driven by the post-crisis recovery in Côte d’Ivoire and a rebound in agriculture, and is expected to remain robust in 2013. Inflation would remain moderate. The consultation focused on the appropriate mix of macroeconomic policies, including in response to the risks to the regional outlook; improving the effectiveness of policies and the stability of the Union through better coordination, financial deepening and stability; and accelerating growth through deeper integration.