European Parliament Library

Benin :, Sixth Review Under the Extended Credit Facility Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion

Abstract
This paper discusses Benin’s Sixth Review Under the Extended Credit Facility (ECF) Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion (PC). The last review of Benin’s ECF arrangement confirms the improved growth performance during the program. Real GDP growth is expected to reach about 5½ percent in 2014 for the third consecutive year. The government is tackling emerging issues in several areas to reduce risks to the good macroeconomic performance. The IMF staff recommends completion of the review and supports the authorities’ request for a waiver of the PCs on nonconcessional borrowing
Table Of Contents
Cover; CONTENTS; RECENT DEVELOPMENTS AND RISKS; A. Growth Remains Strong Amidst Positive Macroeconomic Conditions; FIGURES; 1. Recent Growth and Inflation; B. Overall Program Performance is Satisfactory; C. Risks to Sustained Growth Remain in the Medium Term; BOX; 1. Benin's Achievements Under this ECF Arrangement; PROGRAM AND POLICY DISCUSSIONS; 2. Growth and Fiscal Performance during the Program; A. Preserving Strong Fiscal Performance by Reducing Risks; B. Strengthening Growth Performance in the Medium Term; C. Other Issues; STAFF APPRAISAL; TABLES
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (44 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781498354639

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