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News
Tous
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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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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Economy
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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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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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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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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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Economy
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12/23/2020
To fight COVID-19: IMF grants US $ 177.96 million to Benin
Benin still has the confidence of the institutions of Bretton Woods. As proof, the International Monetary Fund (IMF) has just endowed the country with a large pot in order to cope with the Coronavirus pandemic. Read the institution's press release below. Press release The IMF...
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Economy
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12/09/2020
State Budget: Parliament approves 2452 billion 2021
It is unanimously of the deputies present and represented this Tuesday 08 December 2020 at the Governors Palace in Porto-Novo that the vote of general state budget, management 2021 has been voted. An amount of 2,452,192,000,000 FCFA put to the disposition of the Government for...
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Economy
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12/03/2020
Doing Business: Benin becomes world No. 1 in business creation according to the United Nations Conference on Trade and Development (UNCTAD).
9 months after the launch of the online business creation platform mon entreprise.bj by the Agency of Promotion of Investments and Exports (APIEx), Benin becomes N ° 1 world in the ease and speed to create a company in front of the New Zealand, Georgia...
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Economy
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Press
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10/07/2020
Seizures of counterfeit drugs and medical equipment: Benin customs performance hailed by the WCO
In the response to COVID-19, customs administrations play a big role. The World Customs Organization (WCO) presented this Tuesday, October 06, 2020 through a webinar the results of Operation OMD STOP on the illicit trafficking of drugs and medical equipment linked to COVID-19. The Beninese...
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Economy
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Finance
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07/13/2020
Economy and Finance: Minister Romuald WADAGNI explains the latest performances recorded by Benin
The Yellow River room of the Ministry of Foreign Affairs and Cooperation served as a framework this Friday, July 10, 2020, to a press conference hosted by the Minister of Economy and Finance Romuald Wadagni. The objective of this outing is to re-specify and explain...
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Economy
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Uncategorized
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07/06/2020
2019 directory of decentralized financial systems in Benin
In Benin, the regulatory framework for the decentralized finance sector is governed by law n ° 2012-14 of March 21, 2012 regulating SFDs in the Republic of Benin and its Application decree n ° 2012-410 of 06 November 2012. As of December 31, 2019, the...
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Economy
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07/06/2020
Nathalie Picarelli, Economist at the World Bank: “Benin has the second best Cpia score in Africa in terms of economic management”
Benin has made progress in assessing the policy and national institutions (Country Policy and Institutional Assessment-Cpia) published a few days ago by the World Bank. The country's overall Cpia score fell from 3.5 in 2019 to 3.6 in 2020, a first increase in this score...
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Economy
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04/29/2020
Business climate in Benin – Facility for obtaining loans for Beninese companies
The movable security is a guarantee on the part of the traders vis-à-vis the banks which support their activities by granting them credits. Whether you are a business or an individual, register your movable securities directly online and also make changes, renewals and deregistration online...
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Economy
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02/04/2020
Simplification of tax procedures in Benin: payment of TVM by mobile phone now possible
Resolutely engaged in a process of digital transformation in recent years, the General Directorate of Taxes unveiled this Monday, January 13, 2020, the payment platform for Motor Vehicle Tax (TVM) by mobile phone. This platform offers two additional payment methods to taxpayers, payments in receipts...
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