02001cas a2200241 a 4500 AALejournalIMF017607 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475596182 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Benin : Request for a Three-year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Benin. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (97 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses Benin's Request for a Three-Year Arrangement under the Extended Credit Facility. The new program aims to create fiscal space by stepping up domestic revenue mobilization and enhancing the efficiency of government spending; gradually increasing absorptive capacity to scale up investment; strengthening public debt management; and promoting private sector investment through stronger institutions and a better business environment while keeping debt sustainable. It will also aim to ensure that scaled-up public investment is consistent with debt sustainability. This is particularly important for Benin: recent borrowing has significantly reduced available fiscal space, and potential risks have materialized as a result of growth shortfalls, fiscal slippages, and contingent liabilities from state-owned enterprises. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/100 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/100/002.2017.issue-100-en.xml IMF e-Library