Benin: Public Expenditure Reform Adjustment Project
Date: March 22, 2001
The following project was approved today by the World Bank's Board:
CREDIT AMOUNT: IDA-US$10 million equivalent Terms: Grace period=10 years; maturity=40 years PROJECT DESCRIPTION: The project will improve the impact of government expenditures on poverty reduction, and economic and social development. It will also improve governance by providing a transparent system of budgeting linking budget allocations to program objectives and sector strategies and strengthen the government's administrative capacity to manage public expenditures efficiently. For more information, call Sharon Cox at (202) 473-2035, fax at 473-7917, or e-mail Scox1@worldbank.org.
For more information, please visit the Projects website.