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News
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Economy
Finance
Press
Reports
Economy
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07/25/2019
Audience of the Minister of Economy and Finance with President Alassane OUATTARA, Current President of the Conference of Heads of State and Government of UEMOA
As part of his activities at the head of the Statutory Council of Ministers of the West African Economic and Monetary Union (UEMOA), the Minister of Economy and Finance (MEF), Mr. Romuald WADAGNI, was received in audience by President Alassane OUATTARA, Tuesday July 23, 2019,...
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Reports
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07/18/2019
SONACOP – STATUTORY AUDITORS ‘REPORT: FINANCIAL YEAR ENDED DECEMBER 31, 2018
In execution of the commissioner's mission entrusted to us by the government of the Republic of Benin through Decree No. 2015-527 taken in the Council of Ministers on October 23, 2015, appointing auditors to certain offices and companies State, and in accordance with our engagement...
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Reports
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07/18/2019
CNERTP – STATUTORY AUDITORS ‘REPORT: FINANCIAL YEAR ENDED DECEMBER 31, 2018
In execution of the mission entrusted to us by decree N ° 2016-209 of April 4, 2016, we present to you our report relating to the financial year ended December 31, 2018.
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Press
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07/15/2019
For more investments in infrastructure: Benin joins the BAII
The Asian Infrastructure Investment Bank (BAII) held its 4th annual meeting in Luxembourg, the first being held outside Asia. These meetings made it possible to receive, on Saturday July 13, 2019, Benin in the very closed circle of members of this financial institution initiated by...
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Economy
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Finance
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07/07/2019
LUXEMBOURG-AIIB-Annual Meeting-New Members
(190713) - LUXEMBOURG, July 13, 2019 (Xinhua) - Jin Liqun (C), president of Asian Infrastructure Investment Bank (AIIB), Romuald Wadagni (2nd L), Benin's economy and finance minister, Ilyas Moussa Dawaleh (2nd R), Minister of Economy and Finance, in charge of Industry of Djibouti, and Uzziel...
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Press
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07/05/2019
ANSSFD awareness spot
As part of the sanitation of the decentralized finance sector in Benin, the National Agency for the Supervision of Decentralized Financial Systems (ANSSFD) produced an audio-visual support aimed at sensitizing the population on the need to operate with Regularly approved Decentralized Financial Systems (SFD).
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Press
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07/04/2019
The Minister of Economy and Finance, Romuald WADAGNI, inaugurates the regional headquarters of the Agency for Trade Insurance (ACA) in Africa.
The Minister of Economy and Finance, Mr. Romuald WADAGNI, proceeded to the official opening of the Regional Office for West Africa of the Agency for Trade Insurance in Africa (ACA) this Wednesday 03 July 2019 in Cotonou. This opening is the crowning of a fruitful...
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Economy
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Finance
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07/03/2019
Lloyd’s of London conference: Benin hosts the world’s largest insurance market
From July 4 to 5, 2019, Cotonou will be the meeting point for insurers, reinsurers and brokers of Lloyd's of London, the largest insurance market in the world, based in London. They meet in a high-level conference. “Benin is a flagship country in Africa, proving...
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Economy
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07/01/2019
Standard & Poor’s: Benin maintains the B + rating Perspective Stable
The B + rating with a stable outlook confirmed for Benin in December 2018 was maintained by Standard & Poor's on June 21, 2019. This rating is linked to the improvement of the country's macroeconomic management, in particular the gradual reduction of the budget deficit....
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Economy
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Press
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06/27/2019
eBilan: the online filing of financial statements launched for taxpayers
The transmission of companies' financial statements to the General Tax Directorate (DGI) will now be done online. This Tuesday, June 25, 2019, the Minister of Economy and Finance Romuald Wadagni launched the “eBilan” platform for this purpose. It was at the conference room of the...
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Economy
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Finance
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06/25/2019
IMF Executive Board concludes 2019 Article IV consultations with Benin
On June 21, 2019, the Board of Directors of the International Monetary Fund (IMF) concluded Article IV consultations with Benin. It also approved the fourth review of the economic performance obtained by Benin under a three-year program supported by an agreement under the IMF's Extended...
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Economy
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Finance
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06/25/2019
IMF Executive Board Completes Fourth Review Under the Extended Credit Facility Arrangement and Approves US $ 22.1 Million Disbursement for Benin
The Executive Board's decision enables an immediate disbursement of about US $ 22.1 million to Benin. Performance under the program was very satisfactory during the 4th review. Maintaining a fiscal deficit below 3 percent of GDP in 2019 and 2020 and enhancing debt management are...
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Economy
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Finance
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06/25/2019
IMF Press Release N ° 19/230: $ 22.1 Million Disbursement Approved for Benin
The IMF's Executive Board completes the fourth review of the extended credit facility arrangement for Benin and approves a disbursement of $ 22.1 million. The decision of the board of directors makes it possible to immediately disburse approximately $ 22.1 million in favor of Benin....
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Economy
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Finance
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06/25/2019
IMF Executive Board Completes Fourth Review of Extended Credit Facility Arrangement for Benin and Approves US $ 22.1 Million Disbursement
On June 21, 2019, the Board of Directors of the International Monetary Fund (IMF) completed the fourth review of the three-year agreement in favor of Benin under the Extended Credit Facility (ECF). The Board's decision disburses SDR 15.917 million (approximately $ 22 million) immediately to...
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Economy
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Finance
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06/25/2019
IMF Executive Board Concludes 2019 Article IV Consultation with Benin
On June 21, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation [1] with Benin. At the same time, the Board also completed the 4th Review of Benin's economic performance under a three-year program supported by the IMF's Extended...
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Economy
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Finance
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06/24/2019
Finance bill for 2020
The Ministry of the Economy and Finance provides you with the documents relating to the draft finance law for 2020. Please download them below: Multiannual budget and economic programming document 2020-2022 (Presentation note) Multiannual budget and economic programming document 2020-2022 (Main document)...
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Economy
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Finance
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06/23/2019
Press release from the Director General of Taxes
The Director General of Taxes informs all partner taxpayers, reporting to the Coastal, ATLANTIC, BORGOU-ALIBORI and the Directorate of Large Enterprises tax centers, that from Friday June 21, 2019, they will be able to transmit, online, the financial statements for the 2018 financial year, via...
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Economy
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Finance
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Uncategorized
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06/21/2019
UEMOA Council of Ministers: reflections for the prosperity of member states
The members of the statutory Council of Ministers of the West African Economic and Monetary Union (UEMOA) met this Friday, June 21, 2019 for the holding of their second ordinary session for the current year. It is the main agency of the Central Bank of...
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Economy
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Reports
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06/17/2019
Economic growth: digital technology, an important lever
The Directorate General of Economic Affairs (DGAE) organized its periodic conference on Wednesday, June 12, 2019. This brought together business leaders, start-up promoters as well as decision-makers from the digital world. It was at the conference room of the DGI / DGAE in Cotonou. Objective:...
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Press
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06/12/2019
African Banker Awards: Wadagni recognized as Africa’s best finance minister
Romuald Wadagni's managerial qualities in public finance are once again recognized. The Minister of Economy and Finance of Benin is crowned "Best Minister of Finance of Africa" with the African Banker Awards under the patronage of the African Development Bank (AfDB) on the sidelines of...
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Economy
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Finance
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05/31/2019
Tourist tax in hotels and similar establishments
Law 2018-39 of December 28, 2018, on the 2019 management finance law, instituted instead of the old overnight tax, a tax called the tourist tax. Consult the details on this tax HERE
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Economy
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Finance
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05/29/2019
Execution of public expenditure: Facilitation of the payment of providers
The Minister of Economy and Finance has just initiated a major reform in the execution of public expenditure with a view to improving relations between the administration and client users. Through a circular letter, a simplification of the administrative documents required from State service providers...
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Economy
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Reports
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05/27/2019
Public contracts: departmental directors appointed for control
The Minister of Economy and Finance, Romuald Wadagni appointed departmental directors of public procurement control. Six in number, they will each have to cover a region made up of two departments ... Put an end to the infractions noted in the award of public...
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Economy
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Finance
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05/17/2019
UMOA-Titres: Another good operation for Benin
The Umoa-Titres Agency (AUT) has just made a new mobilization for Benin on the financial market. A new feat for the country. Benin maintains its credibility on the financial market. The Bon Assimilable du Trésor (BAT) issued on the regional financial market on Thursday, May...
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Economy
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Press
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05/14/2019
“Sustainable debt for sustainable growth”: Wadagni presented the strategy for virtuous financing of development
The Minister of Economy and Finance Romuald WADAGNI made an impression last Wednesday when he took part, at the invitation of his French counterpart, in the Paris Forum on financing for development. This meeting on financing for development was organized by France and Japan (which...
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