European Parliament Library

Benin :, Ex Post Assessment of Longer-Term Program Engagement-An Update

Benin, a member of the CFA franc zone, has experienced uneven economic progress over the last several decades. It has a long history of engagement with the IMF. This ex post assessment update covers primarily the implementation of the program supported by the 2005–09 poverty reduction growth facility (PRGF) arrangement. In the fiscal area, the overall objective was to increase poverty-reducing spending while maintaining the sustainability of public debt. Prior to the global financial crisis, Benin's economic growth accelerated steadily. External shocks explain some of the growth's underperformance
Table Of Contents
Cover; Contents; I. Introduction; II. Learning from the Previous EPA; A. Main Conclusions of the 2004 EPA; B. Design of the 2005 Program; III. Overall Macro-performance; A. Program Performance at a Glance; B. Growth Performance in Perspective; C. Why Did Growth Fall below Expectations?; IV. Fiscal Performance; A. Overview; B. Revenue Collection; C. Expenditure; D. Spending Tracking and Accounting Issues; V. Conclusion; Tables; 1. Benin: Selected Economic and Financial Indicators, 2004-09; 2. Benin: Consolidated Central Government Operations, 2004-09; 3: Benin: Millennium Development Goals
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (27 p.)
Specific Material Designation
Form Of Item

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