Benin : Sixth Review Under the Extended Credit Facility Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion.

This paper discusses Benin's Sixth Review Under the Extended Credit Facility (ECF) Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion (PC). The last review of Benin's ECF arrangement confirms the improved growth performance during the program. Real GDP growth...

Ausführliche Beschreibung

Bibliographische Detailangaben
Körperschaft: International Monetary Fund. African Dept
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2014.
Schriftenreihe:IMF Staff Country Reports; Country Report ; No. 2014/150
Online Zugang:Full text available on IMF
Beschreibung
Zusammenfassung:This paper discusses Benin's Sixth Review Under the Extended Credit Facility (ECF) Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion (PC). The last review of Benin's ECF arrangement confirms the improved growth performance during the program. Real GDP growth is expected to reach about 5 1\2 percent in 2014 for the third consecutive year. The government is tackling emerging issues in several areas to reduce risks to the good macroeconomic performance. The IMF staff recommends completion of the review and supports the authorities' request for a waiver of the PCs on nonconcessional borrowing.
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Beschreibung:1 online resource (42 pages)
Format:Mode of access: Internet
ISSN:1934-7685
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