A press release published on Thursday, December 15, 2022 mentioned that Benin has obtained a disbursement of nearly 90 billion FCFA from the International Monetary Fund.

On Wednesday, December 14, 2022, the Executive Board of the International Monetary Fund concluded the first review of the economic and financial program under the Extended Credit Mechanism and the Extended Credit Facility for Wheat ; no. This review allows Benin to benefit from a disbursement

This satisfactory review allows Benin to benefit from an immediate disbursement of 144 million USD, or nearly 90 billion FCFA. According to the conclusions of the first review, Benin met all the quantitative criteria and indicative objectives of the program beyond the targets selected. Also, the major structural reforms expected at the first review of the program have all been implemented.

According to the government in its press release, “this performance attests to the good progress in the operationalization of government reforms and reflects the improvement of the macroeconomic framework as well as the quality of public financial management.”