Benin - Economic Competitiveness Support Programme (PACEB)

The Economic Competitiveness Support Programme (PACEB-I) is a set of two programmatic budget support operations spanning Fiscals 2018 and 2019, with a total funding budget of UA 13 million. This new reform support operation comes in continuation of the Benin Energy Sector Support Programme (PASEBE) approved in 2017 by the Bank to support essential emergency measures put in place by the Government to address the country’s severe energy crisis. PACEB is divided into two complementary components, namely (i) Strengthening the investment environment and (ii) Improving energy governance and inclusion. These two components contribute to the implementation of reform measures aimed at removing the main constraints on competitiveness of Benin’s economy and reducing spatial disparities in access to energy. This support constitutes the first phase I of The program (PACEB-I).