Benin: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

Volume/Issue: Volume 2004 Issue 118
Publication date: May 2004
ISBN: 9781451803372
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Topics covered in this book

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Banks and Banking , Exports and Imports , Public Finance , Public Policy - Social Services and Welfare , ISCR , CR , government , strategy , PRGF loan , PRGF arrangement , priority , Beninese authorities , priority expenditure , priority outlay , appreciation to the fund , government plan , Poverty reduction strategy , Debt service , Debt relief , West Africa , Africa

Summary

This report reviews developments in Benin during 2003 in the context of the Sixth and Final Review Under the Poverty Reduction and Growth Facility (PRGF) arrangement. The report sets forth the policies and measures the government intends to implement during 2004 in the context of its poverty reduction strategy. It assesses the country’s economic and financial progress since 2000, when the current arrangement was approved by the IMF. The report highlights that Benin’s macroeconomic performance was broadly in line with the program objectives in 2003.