Benin

Know about the book -

Benin is written by International Monetary Fund. African Dept. and published by International Monetary Fund. It's available with International Standard Book Number or ISBN identification 1484336534 (ISBN 10) and 9781484336533 (ISBN 13).

This 2017 Article IV Consultation highlights that Benin has shown mixed macroeconomic performance in 2016, with the economy weathering negative spillover stemming from a difficult external environment. Growth was about 4 percent, but a recovery is expected in 2017–18, owing to strong agricultural production, an increase in public investment, and a buoyant tertiary sector. Economic growth is accelerating and inflation remained negative in 2016 and through end-August 2017 but is forecasted to average 0.6 percent in 2017. The medium-term outlook continues to show favorable signs, with high economic growth and low inflation. Cuts in recurrent spending have contributed to a smaller than programmed budget deficit of 6.0 percent of GDP in 2016 from 8.0 percent in 2015.