The monthly Financial Afrik number 76 ranks the Minister of Economy and Finance of Benin, Romuald Wadagni as the first Minister of Finance of the year 2020.

Romuald Wadagni, Minister of Economy and Finance of Benin takes the lead in the top 5 finance ministers of the year. Appointed since April 2016, Romuald Wadagni was able to see in 2020, in the midst of the Covid-19 pandemic, his country reach the category of Middle Income Countries.
According to Financial, the Harvard Business Of School graduate is of the opinion that recovery should be given priority by preserving country signatures with the major rating agencies. A decision hailed by S&P and, at the dawn of 2021, confirmed by Fitch and materialized by a fanfare exit from Benin on the occasion of a Eurobond subscribed by an enthusiastic market.
In 2020, Cotonou should record growth of 2% according to the IMF and a projection of 6.3% on average between 2021 and 2023 (according to S&P). “The public debt should stabilize at 43% of GDP in 2020 while the budget deficit is forecast at 5.1% in 2020 before returning to 4.5% in 2021. Main WAEMU negotiator in the reforms on the Franc CFA, Romuald Wadagni has been congratulated several times by the IMF and the World Bank for the accuracy of the public reforms undertaken by Benin”, informs the source.