Benin Technical Assistance Report-Public Investment Management Assessment

The Public Investment Management Assessment (PIMA) of Benin has brought to light an institutional framework of high quality but ineffective implementation. In accordance with the PIMA methodology applied in several countries, the mission focused on assessing the institutional strengths for each inst...

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Bibliographic Details
Corporate Author: International Monetary Fund Fiscal Affairs Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2020
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Benin 
653 |a National Government Expenditures and Related Policies: Infrastructures 
653 |a Capital investments 
653 |a Public investment spending 
653 |a Budget Systems 
653 |a Public finance & taxation 
653 |a Budget planning and preparation 
653 |a Other Public Investment and Capital Stock 
653 |a Budgeting 
653 |a National Government Expenditures and Related Policies: General 
653 |a Expenditure 
653 |a Expenditures, Public 
653 |a Budget 
653 |a Public-private sector cooperation 
653 |a Capital spending 
653 |a Public financial management (PFM) 
653 |a Public investments 
653 |a National Budget 
653 |a Budgeting & financial management 
653 |a Public investment and public-private partnerships (PPP) 
653 |a Public Finance 
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520 |a The Public Investment Management Assessment (PIMA) of Benin has brought to light an institutional framework of high quality but ineffective implementation. In accordance with the PIMA methodology applied in several countries, the mission focused on assessing the institutional strengths for each institution in the analytical framework, as well as its effective implementation. The authorities in 2016 adopted an ambitious investment plan, the government action program (PAG), which is designed to stimulate Benin's economic and social development. Investments in flagship sectors have been identified as means to support this development; the PAG provides recourse primarily to new financing mechanisms, such as public-private partnerships, to ensure the realization of these investments. In connection with the implementation of the PAG, the financial incidences of selected projects should be fully accounted for and reflected in the budget documentation to ensure their sustainability. Enhanced coordination of planning and budget exercises would encourage a better consideration of recurrent expenditure