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Can Benin sustain its economic miracle under new finance minister as IMF support ends?

People traveling in a canoe in Ganvie, Benin. Photo @ Unsplash
People traveling in a canoe in Ganvie, Benin. Photo @ Unsplash
  • IMF programme closes after delivering $665m in support
  • Rising energy costs threaten fiscal gains and spending plans

 

COTONOU, BENIN – Benin’s new finance minister has inherited one of Africa’s strongest-performing economies, but maintaining that momentum may prove far more difficult as IMF support ends, energy costs rise, and security pressures mount.

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