IMF Country Reports cover economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This report evaluates the Observance of Standards and Codes on the Fiscal Transparency Module for Benin. The assessment reveals that significant progress has been made in improving fiscal transparency in Benin in recent years. The budget execution accounts for fiscal year 1998 were submitted to parliament at end-1999 for the first time in more than 30 years. Fiscal transparency has improved in a number of other areas with the introduction of new budget and account classifications. Program budgets have been introduced since fiscal year 2000, and a computer-based expenditure management system has been implemented.