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Benin remains at moderate risk of external debt distress. The rating is unchanged from the previous November 2018 DSA …
Persistent link: https://www.econbiz.de/10012646558
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...
Persistent link: https://www.econbiz.de/10011245341
for Benin. The IMF report shows that inflation has returned to normal levels since the petroleum price shock in early 2012 …
Persistent link: https://www.econbiz.de/10011243367
Benin has made significant progress in consolidating macroeconomic stability under the IMF-supported program. Its …
Persistent link: https://www.econbiz.de/10011243768
Performance under the Extended Credit Facility (ECF) program has been mixed. The revenue slippage was addressed partially with corrective actions. IMF staff supports the authorities' request for a waiver of a missed performance criterion and recommends the completion of the first review. The...
Persistent link: https://www.econbiz.de/10014402332
Benin’s Fifth Review under the Poverty Reduction and Growth Facility and request for waiver of Nonobservance of …
Persistent link: https://www.econbiz.de/10014402451
The strategy adopted by Benin to strengthen its macroeconomic stability and promote private-investment-led growth has … Benin has been given. The retail price of major petroleum products, consumer price index in urban areas, industrial minimum …
Persistent link: https://www.econbiz.de/10014403925
The goal of the last ECF arrangement (2005–09) was to support Benin’s strategy to achieve higher sustainable growth and …
Persistent link: https://www.econbiz.de/10014404511
This paper examines the external sustainability and competitiveness of Benin’s economy. Balance of payments flows … suggest Benin’s external position is sustainable. Large trade and current account deficits are comfortably financed by inflows … banks. It is estimated that Benin could sustain a net foreign liability position in the range of 40–60 percent of GDP …
Persistent link: https://www.econbiz.de/10014404530
This report reviews developments in Benin during 2003 in the context of the Sixth and Final Review Under the Poverty … progress since 2000, when the current arrangement was approved by the IMF. The report highlights that Benin’s macroeconomic …
Persistent link: https://www.econbiz.de/10014404886