Benin: Technical Assistance Report-Governance Diagnostic

Author: International Monetary Fund. Fiscal Affairs Dept., International Monetary Fund. Legal Dept., and International Monetary Fund. Monetary and Capital Markets Department

Volume/Issue: Volume 2023 Issue 191

Publication date: June 2023

ISBN: 9798400238604

$20.00

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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.

Money and Monetary Policy , Public Finance , International - Economics , IMF resident representative , IMF department , Customs governance system , IMF executive director , public finance , computer system , governance diagnostic , IMF's assistance , IMF legal department , IMF Fiscal Affairs Department , investment incentive regime , IMF Monetary , Corruption , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Customs administration core functions , Internal audit , West Africa , Africa

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Summary

At the request of the authorities of the Republic of Benin (“Benin”), a team consisting of multiple IMF departments (FAD, LEG and MCM) conducted a governance diagnostic mission from June 7 to September 27, 2022. In keeping with the IMF’s 2018 Framework for Enhanced Engagement on Governance, the diagnostic focused on weaknesses in governance and vulnerabilities to corruption in areas deemed to be macro-critical, including: (i) contract execution and protection of property rights; (ii) the legal and institutional framework for anti-corruption efforts; (iii) Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT); (iv) financial sector supervision; and (v) public finance governance (tax policy, tax and customs administration, public financial management).