IMF Staff Completes Program Review Mission to Benin

 

March 30, 2018

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.
  • The IMF team reached staff-level agreement with the authorities on policies that could support the completion of the second review of Benin’s ECF-supported program.
  • The IMF Executive Board is expected to consider the review in June 2018.
  • IMF team worked with the government and development partners to assess sectoral plans for health, education, and water sanitation consistent with Benin’s National Development Plan.

A staff team from the International Monetary Fund (IMF) led by Norbert Toé, visited Cotonou from March 21 to April 1, 2018 to conduct the second review under the Extended Credit Facility (ECF) [1] arrangement with the Republic of Benin. The discussions covered recent economic and financial developments and policies needed to foster inclusive growth, preserve fiscal and debt sustainability, increase the efficiency of public spending, and promote financial stability and inclusion.

Read full article at:  https://www.imf.org/en/News/Articles/2018/03/30/pr18117-imf-staff-completes-program-review-mission-to-benin

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *