Finance

Benin : President Talon unveils 2016-2021 Action Plan

Monday, 19 December 2016 16:44

9.039 trillion cfa. That is the amount Benin plans to spend for its development under the government’s 2016-2021 action plan.

At the launch of the program entitled “Le Bénin révélé” (Benin revealed), the government discussed its plans and the means it intends to use to achieve them.

Bénin révélé” is structured around 45 major projects concerning sectors that are vital to the people of Benin. From Agriculture to tourism, through the sanitation of living conditions, the program involves the establishment of a dynamic which will help overcome actual challenges and of a framework that will foster sustainable development.

The government has committed to create in the long term 500,000 jobs and build 20,000 social and economic housing units. Moreover, four million Beninese will be covered by an universal health insurance.

Symbol of the renewal that the President, Patrice Talon, wants to establish, the International City for Innovation and Knowledge which is to be built should lead to the emergence of learning centers of reference.

In Cotonou, most people agree that this program is ambitious and achievable. In fact, the deputies all voted in favor of the program, on the eve’s of its launch, meaning that Talon’s regime might have extended its grace period near the public opinion.

Aaron Akinocho

On the same topic
Fund targets office, logistics, industrial, mixed-use projects in urban hubs First investment: office development site in Casablanca’s Casa-Anfa...
Rwanda launches 2025-2030 roadmap to expand financial inclusion Formal financial inclusion rose from 21% in 2008 to 92% Strategy targets...
Togo plans 25 billion CFA francs debt issuance on March 20 Sale includes 364-day bills and three-, five-year bonds Funds will help finance 2.751...
Cameroon plans CFA82 billion additional tranche after oversubscribed Eurobond Initial $750 million issuance attracted nearly $1 billion...
Most Read
01

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
02

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
03

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
04

MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...

Satellite direct-to-device telecoms: promise, momentum and hard limits
05

Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...

Nigeria Rolls Out 1% Tax on Informal Businesses Under New Fiscal Framework
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.