IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2025-185.html

Benin: Sixth Reviews Under the Extended Fund Facility and the Extended Credit Facility Arrangements, and Third Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Benin

Author

Listed:
  • International Monetary Fund

Abstract

This paper presents Benin’s Sixth Reviews under the Extended Fund Facility and the Extended Credit Facility Arrangements, and Third Review under the Resilience and Sustainability Facility (RSF) Arrangement. Benin's successful fiscal reforms supported the convergence to the West African Economic and Monetary Union fiscal deficit norm of 3 percent of gross domestic product one year ahead of schedule, with sustained domestic revenue mobilization and prioritized social spending. The 2025 budget is designed to sustain this achievement. A key challenge ahead for Benin is to preserve the reform momentum and strengthen policies that foster inclusive growth and an economic transformation that benefits all Beninese. The authorities have revised regulations for water resources monitoring, construction, electricity tariffs, and renewable energy in line with their climate agenda. The authorities should accelerate the reforms aimed at enhancing resilience to climate change and continue to advance their agenda under the RSF, to promote long-term balance of payments stability and catalyze private-led climate finance.

Suggested Citation

  • International Monetary Fund, 2025. "Benin: Sixth Reviews Under the Extended Fund Facility and the Extended Credit Facility Arrangements, and Third Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director fo," IMF Staff Country Reports 2025/185, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/185
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=568592
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2025/185. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.