[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108210-en":3,"doc-seo-108210-105":29,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},108210,962075006959,"Anda","https://ap-avatar.wpscdn.com/avatar/e0002397efbe92a78e?_k=1776741047341049297",8,"Research & Report","Benin Public Finance Review - Creating Fiscal Space to Build Human Capital - Executive Summary Report","Benin faces major development challenges that require sustained growth and poverty reduction anchored in a stronger fiscal position. The Public Finance Review examines constraints and opportunities to enhance fiscal revenue and improve the efficiency and equity of limited public resources, with a specific focus on building human capital. It is the first public expenditure review since 2004, covering 2010 onwards, and benchmarks Benin against regional and structural peers while drawing on the latest World Bank Boost dataset.","Public Disc losure Authorized  \nEXECUTIVE SUMMARY REPORT  \nCREATING FISCAL SPACE TO BUILD HUMAN CAPITAL  \nPub lic Disc losure Authorized  \nPublic Finance Review  \nBenin  \nPub lic Disc losure Authorized  \n©2022 The World Bank  \n1818 H Street NW, Washington DC 20433  \nTelephone: 202-473-1000; [Internet: ](Internet: www.worldbank.org)[www.worldbank.org](Internet: www.worldbank.org)[ ](Internet: www.worldbank.org)Some rights reserved  \nThis work is a product of the staff of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.  \nRights and Permissions  \nThe material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given.  \nAttribution—Please cite the work as follows: “World Bank. 2022. Benin Public Finance Review: Creating fiscal space  \nto build human capital. Washington, DC: World Bank.”  \nAll queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@ [worldbank.org](worldbank.org).  \nAcknowledgements  \nThe Public Finance Review was prepared under the overall guidance of Abebe Adugna, Coralie Gevers, Atou Seck and Theo David Thomas. It was prepared by a team led by Nathalie Picarelli and Paolo Di Lorenzo and including Oscar Eduardo Barriga-Cabanillas, Yacinthe Gbaye, Alex Giron Gordillo, EzechielAbouro Djallo, Thomas Dubut, Leif Jensen, Zenab Konkobo Kouanda, Cristelle Kouame, Aristide Elysee Houndetoungan, Alexandre Henry, Eduardo Malasquez Carbonel, Saint-Martin Mongan, Teegwende Valerie Porgo Nelly Rakoto-Tiana, Venkatesh Sundararaman, Caroline Tassot, Yemdaogo Tougma. Helpful advice and guidance were received from Markus Kitzmuller, Gabriela Inchauste, Andrea Coppola, Solene Rougeaux, Waly Wane and from peer reviewers Florian Blum, Samer Matta, Anthony Ramarozatovo, Patrick Mullen. The report was prepared in close collaboration with the IMF from where the team is grateful to Constant Lonkeng, Deirdre Daly, Anthony Ramarozatovo. Micky O. Ananth, Theresa Adobea Bampoe, Maude Jean-Baptiste and Benita Mahinou provided excellent administrative and operational assistance. Fiona Hinchcliffe provided editorial support.  \nThe team gratefully acknowledges the collaboration with the Beninese authorities, notably the Ministry of Economy and Finance, and its Direction Générale de Economique (DGE), and the Institut National de la Statistique et de la Demographie (INStaD). The PFR reflects the discussions from a workshop with different stakeholders in Benin in February 2022.  \nForeword  \nThe present Public Finance Review (PFR) discusses challenges and opportunities for enhancing fiscal revenue and improving the efficiency and equity of limited public resources with a focus on human capital. It is the first public expenditure review for Benin since 2004. It focuses on the period 2010 onwards and draws on the latest World Bank’s Boost dataset, jointly developed with the Ministry of Economy and Finance. Throughout this PFR, Benin is benchmarked against a set of regional, structural, and other peers. Structural peers are Togo, Rwanda and Senegal; while other peers include Morocco, Ghana, Sri Lanka and Tunisia. Other peers were selected given that they had comparable underlying structural characteristics with Benin a decade earlier. 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