BENIN TECHNICAL ASSISTANCE REPORT—GOVERNANCE DIAGNOSTIC

At the request of the authorities of the Republic of Benin (“Benin”), a team consisting of multiple IMF departments (FAD, LEG and MCM) conducted a governance diagnostic mission from June 7 to September 27, 2022. In keeping with the IMF’s 2018 Framework for Enhanced Engagement on Governance, the diagnostic focused on weaknesses in governance and vulnerabilities to corruption in areas deemed to be macro-critical, including: (i) contract execution and protection of property rights; (ii) the legal and institutional framework for anti-corruption efforts; (iii) Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT); (iv) financial sector supervision; and (v) public finance governance (tax policy, tax and customs administration, public financial management).