Friday, October 7, 2022

IMF Staff Concludes Visit to Benin

Cotonou: An International Monetary Fund (IMF) team, led by Mr. Constant Lonkeng, visited Cotonou during September 19–23, 2022, to assess recent economic developments, discuss the 2022 supplementary budget and gauge progress in commitments under Benin’s Fund-supported program. The

 

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Benin: $150 Million to Strengthen Potential for Strong and Inclusive Growth

WASHINGTON, September 21, 2022 - The World Bank today approved $150 million in International Development Association (IDA) financing* to help the Government of Benin empower women and girls, expand access to reliable and sustainable energy, and improve fiscal and debt management.

 

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Benin takes step towards financing €424m drainage programme

The financing, approved last week by the World Bank’s directors, will fall under the country’s Secondary Cities Stormwater Sanitation Programme, which will improve drainage in eight urban areas. This is itself part of the €424m Rainwater Sanitation Programme for Secondary Cities.

 

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