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News
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Economy
Finance
Press
Reports
Economy
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10/13/2023
eurobond ODD 2023 impact report
The 2023 edition of the impact report provides an update on the main achievements and final beneficiaries of the projects, programmes and eligible expenditure financed by Benin's SDG Eurobond funds. It has been prepared with the participation of all stakeholders and is the result of...
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Economy
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07/18/2023
BENIN Sustainable Development Report 2023
The “Benin Sustainable Development Report 2023” is the second in a series of reports produced as part of the partnership between the Government of Benin and the United Nations Sustainable Development Solutions Network (SDSN) (box 1). This edition was prepared by the SDSN’s newly created...
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Economy
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03/07/2023
Interview with the SDSN Head of Mission
I am Eve de la Mothe Karoubi, Head of Networks and Director of the Benin Project between my institution which is the Sustainable Development Solutions Network (SDSN) and the government of Benin. What are the objectives of this second mission to Benin? My colleague and...
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Finance
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12/25/2022
Finance law 2023
The National Assembly has adopted the finance law for management 2023. Of the 3,033.337 billion FCFA authorized by the deputies, more than 1,000 billion FCFA address social issues with a prospect of economic growth of 6.5% . Download the 2023 finance law
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Economy
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Finance
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12/31/2021
Growth Program for Sustainable Development (PC2D) 2018-2021
The Economic and Financial Programs Monitoring Unit (CSPEF) of the Ministry of the Economy and Finance makes the Growth Program for Sustainable Development (PC2D) 2018-2021 available to the public. After its approval by the Government on March 14, 2018, the PC2D was popularized on Friday...
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Finance
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Press
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11/23/2021
IMF Staff Concludes Visit to Benin
Strong macroeconomic fundamentals entering COVID-19 provided Benin with much-needed fiscal space and continuous access to financing, which helped expand economic activity by 3.8 percent in 2020, one of the strongest growth rates among developing countries.A robust economic recovery is underway, with the normalization of merchandise...
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Economy
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Finance
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07/12/2021
Launch of a partnership to monitor and evaluate the progress and efforts of the government of Benin to achieve the Sustainable Development Goals (SDGs).
The Republic of Benin and the United Nations Sustainable Development Solutions Network (SDSN)announce the launch of a partnership to monitor and evaluate the progress and efforts of thegovernment of Benin to achieve the Sustainable Development Goals (SDGs). Through this technical partnership, the SDSN will play...
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Finance
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06/04/2021
Museum of the Epic of the Amazons and the Kings of Danhomè and enhancement of the Palatial site of Abomey: Benin signs a financing agreement with AFD
The Minister of State in charge of the Economy and Finance and his colleague in charge of culture, proceeded on Thursday, June 3, 2021 in Cotonou, to the signing of a financing agreement with France represented by its Ambassador in Benin and the Director General...
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Press
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05/27/2021
Government members
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Finance
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05/27/2021
Public accounting: the State chart of accounts under review
Officials of the General Directorate of the Treasury and Public Accounts (DGTCP), members of the Order of Chartered Accountants and Accountants, representatives of the Court of Auditors, experts in public finance management, officials of the Ministry of State in charge of Economy and Finance met...
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Finance
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05/20/2021
Sanitation of cities and support for the response to Covid-19: two financings of 91.7 billion signed between the EIB and Benin
This Thursday, May 20, 2021 was held at Sèmè One the ceremony of confirmation of the signing of financing contracts relating to projects "Rainwater sanitation in the cities of Benin" and "health response against Covid-19 ”. It was face-to-face with three members of the Beninese...
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Economy
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05/19/2021
Summit on the financing of African economies: Full interview with Romuald WADAGNI on RFI (Transcript)
Beninese Minister of Economy and Finance Romuald WADAGNI on Rfi this Wednesday, May 19, 2021, interviewed by Christophe BOISBOUVIER. On the menu, the meeting in Paris, international financial solidarity for the benefit of developing countries, debt, the sustainability of this debt, the necessary good governance....
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Economy
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05/19/2021
Summit on the financing of African economies in Paris: Update on the participation of Benin
The Minister of Economy and Finance, Romuald WADAGNI represented the Head of State, His Excellency Patrice TALON at the Summit on the financing of African economies which opened this Tuesday, May 18 in Paris (FRANCE). The idea for this summit germinated at the Élysée Palace...
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Economy
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05/07/2021
Improvement of the business climate: reforms for the resolution of commercial disputes in Benin
The many innovations contained in the provisions of the Law on the Modernization of Justice (LMJ) in Benin, were presented yesterday at private sector and Beninese justice actors at the Novotel Orisha in Cotonou. It is thanks to an Afterwork co-organized by the Sévérin ministers...
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Economy
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05/03/2021
Access to electricity: Connect your PMI / PME to zero francs
Connection costs are now free for SMEs (Small and medium-sized enterprises) and SMIs (Small and medium-sized industries) whose electrical energy needs are between 140 and 160 KVA. It is on this reform implemented about a year ago by the Beninese government that the afterwork organized...
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Press
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05/03/2021
Benin: Romuald Wadagni appointed to the presidency of the Board of Governors of EBID
Beninese Minister of Economy and Finance, Romuald Wadagni, has been appointed to the presidency of the board of governors of the ECOWAS Investment and Development Bank (EBID). The decision taken on April 23, on the sidelines of the institution's 19 th Ordinary General Assembly, comes...
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Finance
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05/01/2021
Official missions: the SEMO passenger verification platform launched
The conference room of the Ministry of the Economy and Finance was the setting on Thursday April 29, 2021 for the launch of the SEMO platform for the control of passengers on official missions. It was thanks to a solemn ceremony which saw the presence...
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Economy
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05/01/2021
Cross-border trade: The facilities offered by Benin exposed to economic operators
"Facilitating cross-border trade at the Port of Cotonou: What do you need to know?" It is around this theme that the exchanges of the participants in the afterwork organized by the Minister of Economy and Finance, Mr. Romuald WADAGNI on Thursday, April 29, 2021 at...
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Economy
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04/27/2021
Starting a business in Benin: Three major innovations to remember
The creation of a business in Benin is done 100% online hoisting Benin according to UNCTAD as the fastest country in the world in the field. But he does not intend to limit himself on such a good path. After the dematerialization of the procedure,...
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Press
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04/19/2021
BRVM Awards 2021: Minister Romuald WADAGNI winner of the BRVM and DCBR Special Prize
The Sofitel Hôtel Ivoire d'Abidjan hosted on Saturday April 10, 2021 the second edition of the BRVM Awards. An opportunity to reward most deserving financial market players. In the presence of authorities of the eight WAEMU countries, regulators, stakeholders in generally finances and observers, an...
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Finance
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04/02/2021
Benin mobilizes 326 million euros for the modernization and strengthening of the national electricity transmission and distribution network
The Republic of Benin, represented by the Minister of Economy and Finance Romuald Wadagni, signed today a Credit Agreement with the international bank Natixis and benefiting from the guarantee of the French export credit agency Bpifrance Assurance Export. This operation constitutes the largest export financing...
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Economy
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Finance
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03/11/2021
Moodys rating agency raises Benin’s rating to B1- stable
The international financial rating agency Moody's announced on March 9 the upgrading of the rating of the Republic of Benin from “B2 with positive outlook” to “B1 with stable outlook”. This adjustment is the first rating improvement by Moody's for an African country since the...
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Economy
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02/15/2021
Benin, the first country to benefit from a “stable” to “positive” outlook revision from the FITCH agency since the start of the Covid-19 crisis.
The rating agency Fitch improves the rating outlook for Benin to “B / Positive”: the agency's first “stable” to “positive” outlook revision on the rating of a sovereign since the start of the pandemic The international financial rating agency Fitch has raised the rating outlook...
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Economy
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Finance
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01/09/2021
Circular on the terms of application of the fiscal provisions of the finance law for 2021 management
Law n ° 2020-33 of December 24, 2020, on the finance law for the 2021 management, introduced measures granting tax advantages for the benefit of households and businesses but also measures to reduce, improve and modernize the tax system which are in line with the...
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Economy
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01/08/2021
Banking formalities: Biometric identification documents are accepted
The identification documents issued by the National Agency for the Identification of Persons (ANIP) are valid for opening files and other banking formalities. By circular note N 021 / MEF / DC / USMEF / CTE / SP of January 08, 2021, the Minister of...
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