Abstract

Subject Benin's development challenges. Significance Nine months after the business tycoon Patrice Talon became president of Benin, his government is pursuing a development programme costing 9 trillion CFA francs (14.4 billion dollars). Much of this five-year “Benin Revealed” programme announced last month must be funded through commercial investment. Talon’s government faces significant economic challenges as fiscal reforms in Nigeria have weakened Cotonou’s position as a regional trade gateway. Impacts Popular pressure will grow on parliamentarians to declare their assets, following the president’s lead in November. Donor demanded anti-corruption measures will face resistance from entrenched business and political interests. The government will press Nigeria for a phased introduction of trade policy changes. Stalling government reform could prompt deeper media inquiries into Talon’s business interests.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.