Benin: Ex Post Assessment of Longer-Term Program Engagement-An Update
February 25, 2011
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Benin, a member of the CFA franc zone, has experienced uneven economic progress over the last several decades. It has a long history of engagement with the IMF. This ex post assessment update covers primarily the implementation of the program supported by the 2005–09 poverty reduction growth facility (PRGF) arrangement. In the fiscal area, the overall objective was to increase poverty-reducing spending while maintaining the sustainability of public debt. Prior to the global financial crisis, Benin's economic growth accelerated steadily. External shocks explain some of the growth's underperformance.
Subject: Agricultural commodities, Capital spending, Commodities, Expenditure, Public financial management (PFM), Revenue administration
Keywords: Agricultural commodities, amount, Benin, Beninese economy, Capital spending, CFA franc, CR, Customs revenue, debt relief, GDP growth, Global, government, government expenditure-to-GDP ratio, growth performance, ISCR, poverty-reducing expenditure, revenue, revenue collection, Sub-Saharan Africa, tax revenue-to-GDP ratio
Pages:
26
Volume:
2011
DOI:
Issue:
055
Series:
Country Report No. 2011/055
Stock No:
1BENEA2011001
ISBN:
9781455220021
ISSN:
1934-7685
