European Parliament Library

Benin :, 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Staff Supplements and Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Benin

The goal of the last ECF arrangement (2005–09) was to support Benin’s strategy to achieve higher sustainable growth and reduce poverty while preserving macroeconomic stability and reducing vulnerabilities to external shocks. The program achieved most of its objectives. The main macroeconomic challenge ahead is to mitigate the impact of the crisis in the short term, while reaching higher sustainable growth over the medium term. The government’s economic program is geared properly to pursue these objectives. The structural reform agenda is appropriately ambitious
Table Of Contents
Cover; Contents; I. Background; II. Impact of the Crisis and Policy Response; III. Article IV Consultation Discussions; A. The Macroeconomic Impact of Public Wage Policies; B. External Sustainability and Competitiveness; C. Health of the Financial Sector; IV. The New ECF Arrangement; A. Fiscal Policy in 2010; B. Structural Reforms; C. Access, Disbursements, and Program Monitoring; D. Risks and Safeguards; V. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2007-15; 2. Consolidated Central Government Operations, 2007-15 (Billions of CFAF)
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (95 p.)
Specific Material Designation
Form Of Item

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