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Benin Project Notice - Supporting The Reform Of Public Finances


Project Notice

PNR 66195
Project Name Supporting the reform of public finances
Project Detail Supporting the reform of public finances to achieve the SDGs and mobilise domestic revenues (ReFORME) Benins economy has grown steadily in recent years. Despite this, large parts of the population live close to the poverty line. A lack of financial resources in the national and municipal budgets makes it harder to achieve the Sustainable Development Goals (SDGs) of the United Nations. Objective Benin implements national and local budget cycles in accordance with the principles of good financial governance. Approach The project supports the reform of public finances of the central state and the municipalities in four main areas: Inclusive, efficient and realistic budgets Training courses for administrative staff improve economic forecasts and tax estimates. In addition, digital solutions, such as the national information system for managing public finances, optimise the budget preparation process. Taxes as a common civic obligation The project advises the tax administration on improving the states self-financing. It implements digital solutions, promotes tax morale by raising public awareness, combats international tax evasion and supports green and gender-sensitive tax legislation. Transparency for public finances The project supports dialogue between the state, municipalities and civil society for transparent budget planning and accounting. It takes disadvantaged groups into account. It also assists the Supreme Audit Institution in auditing financial statements and publishing audit results. Investing in the future With expertise in cost-benefit analyses and public-private dialogues, public expenditure can be better planned. In addition, public investment should take into account the needs of the economy and vulnerable groups and optimise the conditions for private investment. The European Union is co-financing activities in all four priority areas.
Funded By European Union (EU)
Sector Advertising & Media
Country Benin , Western Africa
Project Value Plz Refer Document

Contact Information

Company Name German Federal Ministry for Economic Cooperation and Development (BMZ)
Web Site https://www.giz.de/en/worldwide/139284.html

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