02011cas a2200241 a 4500 AALejournalIMF022063 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484336533 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Benin : 2017 Article IV Consultation and First Review Under the Extended Credit Facility Arrangement and Request for Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Benin. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (104 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2017 Article IV Consultation highlights that Benin has shown mixed macroeconomic performance in 2016, with the economy weathering negative spillover stemming from a difficult external environment. Growth was about 4 percent, but a recovery is expected in 2017-18, owing to strong agricultural production, an increase in public investment, and a buoyant tertiary sector. Economic growth is accelerating and inflation remained negative in 2016 and through end-August 2017 but is forecasted to average 0.6 percent in 2017. The medium-term outlook continues to show favorable signs, with high economic growth and low inflation. Cuts in recurrent spending have contributed to a smaller than programmed budget deficit of 6.0 percent of GDP in 2016 from 8.0 percent in 2015. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/001 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/001/002.2018.issue-001-en.xml IMF e-Library