Daily Archives: June 16, 2017

IMF Staff Concludes Visit to Benin

  • The economy grew by 4 percent in real terms in 2016, overcoming the low-growth environment that resulted from negative spillovers from Nigeria.
  • The authorities are implementing a package of measures to maintain macroeconomic and financial stability and raise living standards.
  • IMF staff and the authorities agreed that the early progress in program implementation should be strengthened via timely enactment of the reforms.

A staff team from the International Monetary Fund (IMF), led by Norbert Toé, visited Benin from June 7–14, 2017, to review recent economic and financial developments and discuss program implementation ahead of a formal review slated for later this year. read more

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South Sudan Launches Open Tender for Petroleum Audit

  • The Government of National Unity of South Sudan commits to transparency and enhanced efficiency in its petroleum sector.
  • Open tender announced for companies to complete a petroleum sector audit and produce a 2017 audit report.
  • Tender opens immediately and closes on July 14, with winners to be announced on July 17, 2017.

South Sudan’s government will commission an audit of national oil production and petroleum industry activities, the Ministry of Petroleum announced today. The Ministry invites companies to bid on a public tender to perform the audit and produce a 2017 audit report on the industry. read more

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