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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 Director for Benin

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2007. "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 Bo," IMF Staff Country Reports 2007/213, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2007/213
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=21103
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    Cited by:

    1. World Bank, 2008. "Beyond Wage Bill Ceilings : The Impact of Government Fiscal and Human Resource Management Policies on the Health Workforce in Developing Countries, Background Country Study for Rwanda," World Bank Publications - Reports 13063, The World Bank Group.

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