The Macroeconomics of Scaling-up Aid: the Cases of Benin, Niger, and Togo

September 19, 2008

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The Macroeconomics of Scaling-up Aid: the Cases of Benin, Niger, and Togo, (USA: International Monetary Fund, 0) accessed November 21, 2024

Summary

In September 2007, the UN Secretary General launched the Millennium Development Goals (MDG) Africa Steering and Working Groups. The Steering Group brings together the leaders of multilateral institutions to identify practical steps needed for Africa to achieve the MDGs. The Managing Director of the IMF is a member of the Steering Group. The Working Group supports the Steering Group and is comprised of thematic groups in education, agriculture, health, infrastructure and trade facilitation, statistics, aid predictability, and MDG operationalization at the country level. The following three notes assess the macroeconomic implications of the spending of scaled-up aid to Benin, Niger, and Togo in line with that promised by the G-8 at Gleneagles, Scotland in 2005.

Subject: Absorptive capacity, Aid flows, Benin, Development assistance, Economic conditions, Economic models, Exchange rates, Group of eight, Inflation, Millennium Development Goals, Niger, Togo

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