Ministerial decree

The mission of the Ministry of Economy and Finance is to design, implement, monitor and evaluate the general policy of the State in economic, financial and monetary matters, and in matters of constitution and conservation. of the State’s land and real estate assets.

It develops strategies for the mobilization and securing of resources on behalf of the State, ensures the quality of expenditure and the good management of assets as well as financial commitments, national and international, in accordance with international conventions, laws and regulations in force in the Republic of Benin.

As such, it is responsible,

· In terms of resource mobilization :

– to develop and monitor the implementation of the Government’s economic and financial policy;

– prepare draft finance laws;

– ensure the preparation of the general state budget;

– define and implement government policy in terms of indebtedness and the financing of programs and projects;

– prepare, negotiate and monitor economic and financial programs with partner institutions;

– negotiate loans and grants and manage public debt;

– to seek and mobilize external and internal resources for the financing of programs and projects, budgetary support and to ensure their good management;

– monitor the execution of conventions and financing agreements relating to projects, programs and budgetary support from external partners.

· In terms of public finance control :

– ensure the management and permanent control of public finances;

– ensure the control of the regularity and efficiency of the management of all public funds;

– ensure the financial monitoring of public and semi-public enterprises in collaboration with the structures concerned;

– prepare and monitor the execution of capital expenditure;

– ensure the execution and control of State revenue and expenditure;

– to ensure the monitoring and control of the finances of the public authorities;

– to ensure the keeping and regulation of the accounts of the State, public collectivities, diplomatic posts and general consulates;

– to render the annual accounts of the State and of the public collectivities and to ensure their transmission to the Chamber of Accounts and to the National Assembly;

· In terms of reform and control of the macroeconomic environment :

– draw up economic reform programs and coordinate their execution;

– ensure the monitoring of the economic situation;

– ensure the establishment and maintenance of a coherent macroeconomic framework favorable to economic growth;

– to carry out the functions relating to taxation, credit, currency and insurance;

– centralize and coordinate all actions aimed at ensuring proper execution of macroeconomic policies;

– develop and implement regional economic, financial and monetary integration policy;

– to carry out the functions relating to taxation, credit, currency and insurance;

– centralize and coordinate all actions aimed at ensuring sound management and execution of macroeconomic policies;

– develop and implement regional economic, financial and monetary integration policy;

– ensure, in conjunction with the ministries in charge of development and foreign affairs, relations with national, regional and international financial institutions;

– ensure the monitoring and control of decentralized financing structures;

– coordinate the implementation of budgetary, fiscal and accounting reforms initiated within the framework of budgetary support with the international financial community.

· In terms of management and security of land and State assets :

– to manage the public and private domains of the State;

– to implement the land and property policy defined by the State;

– ensure the management and maintenance of movable property and administrative buildings, the maintenance and reform of the State car fleet;

– to audit and assess land and property management on the national territory, in collaboration with the ministry in charge of the living environment;

– to implement expropriation operations for public utility for the benefit of the State, in collaboration with the Ministry of Justice;

– ensure the conservation of land and mortgages;

· Regarding the denationalization of public and semi-public enterprises :

– define and implement the policy of denationalization and reform of public and semi-public enterprises;

– to ensure the execution of the decisions of the government in matters of denationalization. The Ministry of Economy and Finance is responsible for the design, implementation, monitoring and evaluation of the general policy of the State in economic, financial and monetary matters, and in matters of constitution and conservation of the land and real estate assets of the State.

It develops strategies for mobilizing and securing resources on behalf of the State, oversees the quality of expenditure and the sound management of assets as well as financial, national and international commitments, in accordance with international conventions, laws and regulations. regulations in force in the Republic of Benin.

As such, it is responsible,

· In terms of resource mobilization :

– to develop and monitor the implementation of the Government’s economic and financial policy;

– prepare draft finance laws;

– ensure the preparation of the general state budget;

– define and implement government policy in terms of indebtedness and the financing of programs and projects;

– prepare, negotiate and monitor economic and financial programs with partner institutions;

– negotiate loans and grants and manage public debt;

– to seek and mobilize external and internal resources for the financing of programs and projects, budgetary support and to ensure their good management;

– monitor the execution of conventions and financing agreements relating to projects, programs and budgetary support from external partners.

· In terms of public finance control :

– ensure the management and permanent control of public finances;

– ensure the control of the regularity and efficiency of the management of all public funds;

– ensure the financial monitoring of public and semi-public enterprises in collaboration with the structures concerned;

– prepare and monitor the execution of capital expenditure;

– ensure the execution and control of State revenue and expenditure;

– to ensure the monitoring and control of the finances of the public authorities;

– to ensure the keeping and regulation of the accounts of the State, public collectivities, diplomatic posts and general consulates;

– to render the annual accounts of the State and of the public collectivities and to ensure their transmission to the Chamber of Accounts and to the National Assembly;

· In terms of reform and control of the macroeconomic environment :

– draw up economic reform programs and coordinate their execution;

– ensure the monitoring of the economic situation;

– ensure the establishment and maintenance of a coherent macroeconomic framework favorable to economic growth;

– to carry out the functions relating to taxation, credit, currency and insurance;

– centralize and coordinate all actions aimed at ensuring proper execution of macroeconomic policies;

– develop and implement regional economic, financial and monetary integration policy;

– to carry out the functions relating to taxation, credit, currency and insurance;

– centralize and coordinate all actions aimed at ensuring sound management and execution of macroeconomic policies;

– develop and implement regional economic, financial and monetary integration policy;

– ensure, in conjunction with the ministries in charge of development and foreign affairs, relations with national, regional and international financial institutions;

– ensure the monitoring and control of decentralized financing structures;

– coordinate the implementation of budgetary, fiscal and accounting reforms initiated within the framework of budgetary support with the international financial community.

· In terms of management and security of land and State assets :

– to manage the public and private domains of the State;

– to implement the land and property policy defined by the State;

– ensure the management and maintenance of movable property and administrative buildings, the maintenance and reform of the State car fleet;

– to audit and assess land and property management on the national territory, in collaboration with the ministry in charge of the living environment;

– to implement expropriation operations for public utility for the benefit of the State, in collaboration with the Ministry of Justice;

– ensure the conservation of land and mortgages;

· Regarding the denationalization of public and semi-public enterprises :

– define and implement the policy of denationalization and reform of public and semi-public enterprises;

– to ensure the execution of the decisions of the government in matters of denationalization.

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