Benin: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Dir

Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Benin

Author: International Monetary Fund

Volume/Issue: Volume 2007 Issue 213

Publication date: June 2007

ISBN: 9781451803495

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Economics- Macroeconomics , Public Finance , Business and Economics - Statistics , Public Policy - Social Services and Welfare , ISCR , CR , government , poverty evaluation framework , strategy , SDR , poverty-reducing spending , authorities' effort , Benin authorities , CFA franc , government from the commercial activities , authorities' aim , Poverty reduction strategy , Agricultural commodities , Balance of payments statistics , Fiscal stance , West Africa , Sub-Saharan Africa , Asia and Pacific , Global

Also of interest

Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

Summary

The staff report for the Second Review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF) highlights Benin’s macroeconomic framework. All quantitative performance criteria (PC) and benchmarks for the period through end-December 2006 were observed, but one structural performance criterion and one structural benchmark were missed. Reform of the civil service pension fund is urgently needed. Benin’s newly issued Growth and Poverty Reduction Strategy Paper (GPRSP) places renewed emphasis on private sector-led economic growth.