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

July 2, 2019

Preview Citation

Format: Chicago

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, (USA: International Monetary Fund, 2019) accessed November 23, 2024

Also available in: français

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.

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

Keywords: Capital spending, Consolidation effort, CR, Debt maturity, Debt ratio, Deficit, Eurobond issuance, Financing mix, Global, Government debt management, ISCR, Reform commitment, West Africa

Publication Details

Pages:

122
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2019/203
Stock No:

1BENEA2019001
ISBN:

9781498323802
ISSN:

1934-7685

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