The 3rd Review of Benin’s🇧🇯 program supported by IMF brought cumulative disbursements to about US$500 million (300% of quota). Frontloaded financing to help the country counter headwinds & smooth the fiscal consolidation path is a vote of confidence by IMF #financing #reform

Debt levels in sub-Saharan Africa have largely stabilized at around 60%. This could begin to ease slightly from 2024, halting a nearly decade-long upward trend. Find out more in this report. bit.ly/3ZUfwkz

Fruitful exchange w His Excellency President Patrice TALON. We discussed partnership between #Benin🇧🇯& IMF under ongoing programs, the government’s economic vision & human capital development to harness the demographic divididend—Benin’s median age is 18. Présidence du Bénin

Very engaging audience with His Excellency Patrice TALON at Présidence du Bénin at the end of our recent review of Benin’s 🇧🇯 economic programs supported by IMF, and the 2024 Article IV consultation—the IMF’s regular economic health check of its member countries.

🎥Part II—Audience with His Exellency Patrice TALON of Présidence du Bénin. This segment covers #Benin’s policy framework, market access, support from development partners and domestic revenue mobilization. @ortb_info Romuald Wadagni IMF FMIactualites IMF Africa

On the “catalytic role” of programs supported by IMF. In this clip, I was addressing a question from a journalist on #IMF financing under the three ongoing arrangements with #Benin🇧🇯 during a recent joint press conference w Senior Finance Minister Romuald Wadagni in #Cotonou

[WATCH] Today on #CBWA: IMF 2024 Article IV consultation for Benin. Constant Lonkeng Ngouana, IMF Mission Chief to Benin, joins us for more. Tune into #DSTV410 at 14h30 WAT.

Benin's economy is showing resilience in the face of regional challenges. The planned extension of school feeding programs to all rural primary schools will help alleviate food security concerns. Read our preliminary findings from our staff visit. imf.org/en/News/Articl…

L'économie béninoise fait preuve de résilience face aux défis régionaux. L’intention des autorités d’étendre les cantines scolaires à toutes les écoles primaires rurales permettra d’alléger les difficultés en matière de sécurité alimentaire. imf.org/fr/News/Articl…

Constructive discussions with Romuald Wadagni & his economic team and other government officials in #Cotonou ; We reached today a staff-level agreement with #Benin on policies that could underpin the completion by our Board of reviews of the country’s IMF-supported programs.

🌍30-second excerpt from IMF Managing Director Kristalina Georgieva’s plenary remarks today at the 2️⃣0️⃣2️⃣4️⃣ ‘IMF-WB Annual Meetings’. Notable progress, but job not finished… #imf #worldbank #safetynet #partnership #cooperation #workingtogether #globalchallenges #lending #benin

A very warm welcome to Nigel Clarke as he joins the IMF today as one of my Deputy Managing Directors. Thrilled to have you on board, Nigel!

How can industries transform to drive growth amid global fragmentation? Watch our expert panel with Aleksi Aleksishvili, Daouda Sembene, and Chris Papageorgiou, moderated by @labramowicz. November 18, 9:30 AM ET. youtube.com/watch?v=K4vkSG…

🇧🇯 Benin's tax-to-GDP ratio rose over 2 percentage points during 2022-24 through tax and digital reforms, exceeding regional improvements. IMF Country Focus interview examines how this supports youth development and debt sustainability. imf.org/en/News/Articl…

Le Bénin a fait preuve d'une résilience économique remarquable avec une croissance dépassant 6,5% ces dernières années malgré les défis mondiaux. Le Ministre Romuald Wadagni et le Chef de Mission FMI Constant Lonkeng expliquent l'impact des politiques efficaces. imf.org/fr/News/Articl…

IMF reaches staff-level agreement with Madagascar on ECF and RSF reviews. Recovery plan for JIRAMA will help improve utilities, cut costs, and protect public funds.

Contingency planning and exchange rate flexibility are key in times of uncertainty. Read more here imf.org/en/News/Articl…

Le FMI a conclu un accord avec Madagascar sur les revues de la FEC et de la FRD. Le plan de redressement de la JIRAMA vise à améliorer les services publics, réduire les coûts et protéger les fonds publics.

🇲🇬 The IMF has approved a $107M disbursement to Madagascar under the ECF & RSF. Madagascar has made solid progress, but climate and external shocks call for careful contingency planning and agile policy making. More here imf.org/en/News/Articl…

🇲🇬 Le FMI approuve un décaissement de 107 M$ pour Madagascar via la FEC et la FRS. Malgré des progrès notables, les chocs climatiques et externes exigent des mesures d'urgence bien planifiées et des politiques économiques agiles. Plus d'informations ici: imf.org/fr/News/Articl…