Benin: Fifth Review Under the Extended Credit Facility and Request for Extension of the Arrangement
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Summary:
This paper explains Fifth Review Under the Extended Credit Facility and Request for Extension of the Arrangement report for Benin. The IMF report shows that inflation has returned to normal levels since the petroleum price shock in early 2012 when neighboring Nigeria reduced fuel subsidies, and external imbalances were revised downward. Problems with customs reform, which delayed the 5th fifth review, have been addressed by developing a new approach that takes into account lessons from a suspended previous reform attempt and international best practices.
Series:
Country Report No. 2013/286
Subject:
Capital spending Current spending Economic and financial statistics Expenditure External debt Government finance statistics Public debt Real sector statistics Revenue administration
Notes:
English
Publication Date:
September 11, 2013
ISBN/ISSN:
9781484300060/1934-7685
Stock No:
1BENEA2013002
Pages:
66
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