Benin - Economic and Financial Reform Support Programme (PAREF)

The Economic and Financial Reform Support Programme (PAREF) seeks to assist the Government in carrying out the activities in its Growth and Poverty Reduction Strategy 2011-2015. The programme is justified by the need for the Government to consolidate the positive results achieved in modernizing public finance and scale-up measures for improving the business climate where progress has been slow. The Programme will contribute to institutional development and knowledge building in public finance reforms and private sector development support mechanisms. The PAREF has two components namely: (i) Private Sector Revitalization and Employment Support; and (ii) Strengthening Internal Resource Mobilization and Public Expenditure Effectiveness.