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Benin.

Author: International Monetary Fund African Dept
Publisher: Washington, D.C. : International Monetary Fund, 2018.
Series: IMF Staff Country Reports; Country Report, No. 18/1.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Upon assuming office in April 2016, the new government moved swiftly to address the deteriorating fiscal situation compounded by spillovers from Nigeria and requested Fund support under the Extended Credit Facility (ECF). On April 7, 2017, the IMF Executive Board approved an ECF Arrangement for Benin for an amount equivalent to SDR 111.42 million (about US$151.03 million or 90 percent of Benin's quota) to support  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Dept., International Monetary Fund. African.
Benin.
Washington, D.C. : International Monetary Fund, ©2018
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund African Dept
ISBN: 9781484336663 1484336666 1484336534 9781484336533
OCLC Number: 1020031958
Description: 1 online resource (105 pages)
Contents: Cover; CONTENTS; BACKGROUND AND OUTLOOK: STRENGTHENING THE PILLARS FOR A STRUCTURAL TRANSFORMATION OF THE ECONOMY; RECENT DEVELOPMENTS; OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Accelerating Reforms to Broaden the Tax Base and Enhance the Efficiency of Public Spending; B. Preserving Long-Term Debt Sustainability; C. Promoting Diversification, Inclusive Growth, and Financial Deepening; D. Strengthening the Business Environment by Promoting Good Governance; PROGRAM PERFORMANCE; A. Program Implementation; B. Economic Program for 2018; C. Financing Assurances, Capacity to Repay, and Safeguards. OTHER ISSUESSTAFF APPRAISAL; BOXES; 1. Poverty; 2. Economic Development Document (EDD), 2017â#x80;#x93;21; 3. Public Investment Efficiency; 4. Stages of Transformation and Diversification; 5. Redistributive Effects of Revenue and Expenditure Measures; FIGURES; 1. Recent Developments, 2010â#x80;#x93;17; 2. Fiscal Developments and Projections, 2012â#x80;#x93;19; 3. Real and External Developments; TABLES; 1. Status of Quantitative Performance Criteria and Indicative Targets and Proposed Modifications, 2017; 2. Status of Structural Benchmarks for 2017; 3. Selected Economic and Financial Indicators, 2014â#x80;#x93;22. 4. Consolidated Central Government Operations, 2014â#x80;#x93;22 (Billions of CFA Francs)5. Consolidated Central Government Operations, 2014â#x80;#x93;22 (Percent of GDP); 6. Consolidated Central Government Operations, 2016â#x80;#x93;18; 7. Balance of Payments, 2012â#x80;#x93;22; 8. Monetary Survey 2013â#x80;#x93;18; 9. Schedule of Disbursements Under the ECF Arrangement; 10 Indicators of Capacity to Repay the Fund, 2017â#x80;#x93;31; 11. Financial Soundness Indicators 2011â#x80;#x93;17; ANNEXES; I. Implementation of Past IMF Recommendations; II. Risk Assessment Matrix; III. External Sector Assessment; IV. Capacity Development Strategy for FY 2017. V. Technical Assistance, 2015-17 AssessmentVI. External and Public Debt Sustainability; APPENDIX; I. Letter of Intent; Attachment I. Supplementary Memorandum of Economic and Financial Policies 2017â#x80;#x93;19; Attachment II. Technical Memorandum of Understanding; CONTENTS; RELATIONS WITH THE FUND; JOINT WORLD BANK-IMF WORK PROGRAM, 2015â#x80;#x93;16; STATISTICAL ISSUES.
Series Title: IMF Staff Country Reports; Country Report, No. 18/1.

Abstract:

Upon assuming office in April 2016, the new government moved swiftly to address the deteriorating fiscal situation compounded by spillovers from Nigeria and requested Fund support under the Extended Credit Facility (ECF). On April 7, 2017, the IMF Executive Board approved an ECF Arrangement for Benin for an amount equivalent to SDR 111.42 million (about US$151.03 million or 90 percent of Benin's quota) to support the country's economic and financial reform program.

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