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This paper presents Benin's Second Review under the Extended Fund Facility and the Extended Credit Facility … programs and help meet Benin's large development and security-related needs. The recently established social registry is much …
Persistent link: https://www.econbiz.de/10015059424
This paper presents Benin's 2022 Article IV Consultation and Requests for an Extended Arrangement under the Extended … much-needed fiscal space to support Benin's significant development and security needs while preserving debt sustainability …-led growth that benefits all Beninese. Considering Benin's relatively large level of income inequality, the authorities' IMF …
Persistent link: https://www.econbiz.de/10015060225
This paper discusses Benin's Third Review under the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF … supporting fiscal consolidation, complementing stepped-up budget support from Benin's development partners and frontloaded Fund … complement the EFF/ECF in supporting overall socio-economic resilience in Benin. Contingency planning is paramount, considering …
Persistent link: https://www.econbiz.de/10015058776
(ECF) arrangements under High Combined Credit Exposure (HCCE) (391 percent of quota, about US$650 million) to help Benin …
Persistent link: https://www.econbiz.de/10015059877
Cover -- Contents -- I. Introduction -- II. Recent Developments and Outlook -- III. Policy Discussions -- A. Fiscal Policies -- B. Financial Sector -- C. Growth-Enhancing Policies -- IV. Access and Capacity to Repay the Fund -- V. Staff Appraisal -- Tables -- 1. Selected Economic and Social...
Persistent link: https://www.econbiz.de/10009621149
EXECUTIVE SUMMARYEconomic activity remained weak in early 2014. Activity was impacted by an outbreak ofthe Ebola virus since late 2013, but lagging structural reforms, energy shortages, and political uncertainty may also be at play. Economic growth is estimated to have been 2.3 percent in 2013,...
Persistent link: https://www.econbiz.de/10012690574
EXECUTIVE SUMMARYGrowth remains robust, despite slight downward revisions. Growth estimates for 2013 and projections for 2014 were revised to 6.6 and 6.8 percent, respectively, reflecting weather and weaker terms of trade. Inflation is around zero, partly due to subsidized food prices. The...
Persistent link: https://www.econbiz.de/10012690584
Cover -- CONTENTS -- BACKGROUND -- RECENT DEVELOPMENTS -- DISCUSSIONS -- A. Outlook -- B. Economic Policies -- PROGRAM MODALITIES -- STAFF APPRAISAL -- TABLES -- 1. Selected Economic Indicators, 2009-13 -- 2. Modified General Government Cash Balance, 2012-16 -- 3. General Government Operations,...
Persistent link: https://www.econbiz.de/10012689863
Cover -- CONTENTS -- THE CONTEXT -- POSITIVE ECONOMIC DEVELOPMENTS -- SATISFACTORY PROGRAM PERFORMANCE -- FAVORABLE ECONOMIC OUTLOOK BUT RISING RISKS -- A. Baseline Scenario -- B. Downside Risks -- POLICY DISCUSSIONS -- A. Sustaining Rapid, Inclusive Growth -- B. Fiscal Policy: Supporting Growth...
Persistent link: https://www.econbiz.de/10012689869
EXECUTIVE SUMMARY Context. The emergence of large fiscal and external imbalances in recent years, which led to a slowdown in growth, is putting Ghana's medium-term prospects at risk. The Government's efforts to achieve fiscal consolidation since mid-2013 have been undermined by policy slippages,...
Persistent link: https://www.econbiz.de/10014407774