Benin: Staff Report for the 2002 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility, and Requests for an Extension of the Poverty Reduction and Growth Facility Arrangement and for an Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

International Monetary Fund

No 2002/158, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper assesses Benin’s 2002 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility (PRGF), and Requests for an Extension of the PRGF Arrangement and for an Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). Macroeconomic performance remained broadly in line with the objectives of the PRGF-supported program in 2001. All performance criteria and structural benchmarks for end-December 2001 were met, except the benchmark on the adoption of an action plan for the privatization of the state-controlled bank.

Keywords: ISCR; CR; PRGF arrangement; PRGF loan; SDR; PRGF-supported program; growth; broad money; IMF's assessment; Agricultural commodities; Poverty reduction strategy; Poverty reduction; West Africa (search for similar items in EconPapers)
Pages: 91
Date: 2002-08-05
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