Cover IMF Staff Country Reports
Benin: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2003: Issue 322
Language:
English
Publication Date:
10 Oct 2003
DOI:
https://doi.org/10.5089/9781451803440.002
ISBN:
9781451803440
ISSN:
1934-7685
Pages:
80
Keywords:
ISCR; CR; government; PRGF arrangement; strategy; PRGF loan; civil service reform strategy; implementation; ginning enterprise; saving-investment balance; debt relief; Poverty reduction strategy; West Africa
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Following satisfactory economic and financial performance under the Poverty Reduction and Growth Facility-supported program, performance was mixed. Benin should pursue a prudent debt-management policy with the support of the newly created debt committee. Implementation of the structural reform agenda is of critical importance for achieving the objectives of the Poverty Reduction Strategy Paper. Strengthening of the financial sector and maintaining external debt on a sustainable path is needed in Benin. Risks to the medium-term program remain, but they are manageable.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund