IMF: Benin Economy Holds A Lot of Promise
The economy grew by 4 percent in real terms in 2016, overcoming the low-growth environment that resulted from negative spillovers from Nigeria. Inflation turned negative in 2016 (-0.8 percent), reflecting bumper harvest and low oil prices. The fiscal deficit narrowed in 2016, thanks to the authorities’ strong measures to contain expenditure. Prospects for 2017 and … Read more