Benin : Third Review Under the Extended Credit Facility Arrangement
Release Date: © May, 2012
ISBN
: 978-1-47550-325-8
Stock #: 1BENEA2012001
English
Stock Status: On back-order
Languages and formats available
English | French | Spanish | Arabic | Russian | Chinese | Portuguese | |
Paperback | Yes | ||||||
Yes | |||||||
ePub | Yes |
Description
This papers discusses Benin’s third review under the Extended Credit Facility Arrangement. The re-election of the President and the regained majority in Parliament have provided a window of opportunity for reforms. All performance criteria and most quantitative targets have been met, but progress in implementing structural reforms was mixed. The introduction of critical customs reforms met with strong initial resistance, leading to a sharp fall in customs revenue in the second half of 2011. The financial system remains sound, but supervision needs to be strengthened.
Taxonomy
Economic policy , Fiscal policy , Inflation , Monetary policy
More publications in this series: IMF Staff Country Reports