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Benin Republic to receive $150m IMF fund

February 26, 2017
in Business News, Latest Nigeria News
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The Republic of Benin is set to receive 150 million U.S. dollars from the International Monetary Fund for a three-year economic program.

The programme is designed to enhance development in the west African nation.

This is contained in the statement released by the head of the IMF mission in Benin Republic’s Norbert Toé on Saturday.

The program aims to improve the living conditions of the citizens, maintain a stable macroeconomic environment, and preserve public debt sustainability.

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