Benin: Recent Economic Developments

October 15, 1996

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Benin: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed November 23, 2024

Summary

This report describes economic developments in Benin during the 1990s. During 1993–95, the reform strategy was further reinforced in the framework of a program supported under the enhanced structural adjustment facility; it included additional improvements in tax administration and tax reforms, a reallocation of government expenditures toward the priority social sectors, and continued restructuring of the public enterprise sector. Public finances improved further, with the government reducing its indebtedness to the Central Bank by about two-thirds, while public investment rose considerably, mostly to improve infrastructure and social services.

Subject: Arrears, Banking, Commercial banks, Credit, Expenditure, Exports, External debt, Financial institutions, Imports, International trade, Public investment spending

Keywords: Arrears, Benin, Beninese bank, Beninese economy, Beninese enterprise, CFA franc, Commercial banks, CR, Debt service, Devaluation, Exports, Imports, ISCR, Price, Public finance, Public investment spending, West Africa

Publication Details

Pages:

106
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/102
Stock No:

1BENEA0011996
ISBN:

9781451803327
ISSN:

1934-7685

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