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Benin :, Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criteria-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Benin

Abstract
Benin’s Fifth Review under the Poverty Reduction and Growth Facility and request for waiver of Nonobservance of Performance Criteria are discussed. The main challenge ahead is to limit inflation pressures from higher food and fuel prices while sustaining medium-term fiscal consolidation and accelerating structural reforms to increase the sustainable growth rate. The authorities have taken actions to address the food and fuel crisis and accelerate structural reforms. They have allowed the full pass-through of higher international food and fuel prices and tightened fiscal policy while putting in place measures to protect the poor
Table Of Contents
Cover; Contents; Executive Summary; I. Recent Economic Developments and Program Performance; Figures; 1. Macroeconomic Performance, 2003-08; 2. Price Developments, 2000-2008; 3. Selected Competitiveness Indicators, 2006-2008; II. Macroeconomic outlook and Policies for 2008/09; A. The Food and Fuel Crisis; 4. Macroeconomic Outlook, 2005-13; B. Fiscal Policy to Preserve Macroeconomic Stability and Debt Sustainability; C. Structural Reforms to Restore Competitiveness; III. Risks to the Program; IV. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2006-13
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (78 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452743462

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