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News
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Economy
Finance
Press
Reports
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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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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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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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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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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Finance
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01/08/2021
Budget execution: Here are the execution instructions and modalities
The implementation of the general budget of the State fiscal year 2021 has was launched this Thursday, January 07, 2021. Due to compliance with barrier measures against the spread of COVID-19, it is by videoconference that the launch ceremony took place. Thus executives of the...
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Finance
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Reports
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12/31/2020
Presentation of the 2020 finance bill
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Finance
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12/28/2020
Organization of the 2021 presidential election: 14,416,959,243 CFA francs adopted as budget
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Finance
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12/28/2020
Organization of the 2021 presidential election: 14,416,959,243 CFA francs adopted as budget
The budget for the organization of the presidential election April 2021 is known. It was adopted this Wednesday, December 23, 202 after work in budget committee held by the National Electoral Commission Autonomous (CENA) in conjunction with the Ministry of the Economy and Finance. In...
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Finance
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12/04/2020
Public Treasury: Training for the unification of accounts launched
The Coordinator of the Reform Management Unit (UGR), Alban Bessan, proceeded on Thursday 03 December 2020, at the Infosec in Cotonou, in the presence of Mathieu Hounnanou, Inspector General of Public Treasury Services, at the launch of the first series of training of the actors...
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Finance
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11/20/2020
SEMO: The platform for better management of official missions
Reforms within the framework of the consolidation of public finances and the rigorous monitoring of administration continues with the launch this Thursday, November 19, 2020, of the multi-stakeholder and multifunctional web application of the official missions (SEMO). The ceremony took place at the Yellow River...
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Finance
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11/02/2020
Pension reform: electronic payment has become a reality
After the operation of automatic transfer of pensions of more than fifty thousand (50,000) francs, the Government takes an additional measure for pensions of lower amount. Three years ago, the hall of the General Directorate of the Treasury and Public Accounting and the General Budget...
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Finance
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10/19/2020
Clarification from the MEF about the discharge of social debts
Statement by the Minister of the Economy and Finance, Romuald WADAGNI, on the efforts to clear arrears to workers Following the meeting between the Head of State and the heads of the Central and trade union confederations, on Friday October 16, the Minister of the...
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Finance
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10/16/2020
2020 Finance Law: The revised general state budget adopted
The deputies of the 8th legislature were at the Governors Palace in Porto-Novo this Thursday, October 15, 2020 as part of the 5th extraordinary session of 2020 devoted to the examination and vote of the revised 2020 state budget project. At the end of the...
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Finance
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10/01/2020
Intervention of Financial Control with Municipalities: Restitution of the awareness-raising mission for good management of local finances
This Wednesday, September 30, 2020, the conference room of the Ministry of the Economy and Finance served as a setting for a feedback session on the results of the joint mission (Financial Control - National Commission of Local Finance) to raise awareness of municipal actors...
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Finance
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Press
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Uncategorized
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09/04/2020
Interview with the press about Benin’s debt and its management
Romuald WADAGNI reassures on the relevance and effectiveness of Benin's strategy In all the countries of the world, the question of the debt is often variously appreciated. Benin is no exception to this dynamic. If the specialists generally perceive the interest, the non-specialists go there...
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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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Finance
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05/04/2020
Benin: Champion of Francophone Africa in terms of budget transparency
Benin's prowess in terms of transparency and the quality of budget information has just been recognized again internationally. Indeed, the last 2019 report of the Open Budget Survey (OBS) of Open Budget Initiative , has just established Benin, champion of French-speaking Africa in terms of...
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Finance
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Uncategorized
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02/26/2020
The Government raises 13.5 billion FCFA (20.6 million euros) to finance public lighting installations and Benin becomes the first country to conclude a framework agreement with Bpifrance Financement
The Republic of Benin, represented by the Minister of Economy and Finance Romuald Wadagni, signed on Monday February 24, 2020, a framework agreement with Bpifrance Financement, thus becoming the first country to adopt such an agreement with the public bank of French investment. The Convention...
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