IMF Staff Reaches Staff-Level Agreement with Benin on the First Review under the Extended Fund Facility and Extended Credit Facility Arrangements

Together with the Beninese authorities, the International Monetary Fund has just concluded, with satisfaction, the first review of the ambitious economic and financial program supported by the Extended Credit Mechanism (MEDC) and the Extended Credit Facility (ECF) for the period from 2022 to 2025. The structural criteria and benchmarks for monitoring the program were achieved well above the targeted targets and the IMF adjusted by 0.3 percentage points, economic growth in 2022 initially set at 5.7% in projecting it to 6%.
For more details, see page: https://www.imf.org/en/News/Articles/2022/11/03/pr22370-benin-imf-staff-reaches-sla-with-benin-on-first-review-under-eff-and-ecf-arrangements

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