IMF Staff Country Reports

Benin: 2019 Article IV Consultation, Fourth Review under the Extended Credit Facility Arrangement, and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Benin

Publication Date:

July 2, 2019

Electronic Access:

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Summary:

The economy continues to grow at a fast pace, driven by port activity and cotton production. The execution of the 2019 budget is on track to bring the fiscal deficit within the WAEMU convergence criterion of 3 percent of GDP this year. Program implementation remains very satisfactory with all end-December 2018 quantitative performance criteria (QPCs) and structural benchmarks (SBs) met.

Series:

Country Report No. 2019/203

Subject:

Capital spending Debt sustainability Expenditure External debt Government debt management Public debt Public financial management (PFM) Revenue administration