Benin First Fiscal Management and Structural Transformation Development Policy Operation

closed

Closed

The development objectives of First Fiscal Management and Structural Transformation Development Policy Financing Project for Benin are to support the government to: 1) strengthen fiscal and debt management; 2) improve the financial sustainability of the energy sector ; and 3) foster the development of the digital economy. This operation is organized around three pillars: (1) Strengthen fiscal and debt management; (2) Improve the financial sustainability of the energy sector; and (3) Foster the development of the digital economy. The government has oriented its development strategy toward the acceleration of structural transformation for sustained and inclusive high growth. Benin’s slow structural transformation process is constrained by an unproductive agriculture sector, a small manufacturing sector and an informal services sector. Aiming to reverse these trends and achieve the sustainable development goals by 2030, government policies have put renewed emphasis on enabling private sector investment.

World Bank Group

Project

Solar, Manufacturing (Industrial), Telecommunications, Broadband, Raw Materials, Government, Commercial