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Benin: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2003. "Benin: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria," IMF Staff Country Reports 2003/322, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2003/322
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    Cited by:

    1. Daoud, Adel & Reinsberg, Bernhard & Kentikelenis, Alexander E. & Stubbs, Thomas H. & King, Lawrence P., 2019. "The International Monetary Fund’s interventions in food and agriculture: An analysis of loans and conditions," Food Policy, Elsevier, vol. 83(C), pages 204-218.
    2. Miss Mali Chivakul & Mr. Robert C York, 2006. "Implications of Quasi-Fiscal Activities in Ghana," IMF Working Papers 2006/024, International Monetary Fund.

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