The International Monetary Fund (IMF) has said that the Republic of Benin continues to post a strong economic performance despite the closure of the country’s border with Nigeria.
In a press release issued at the completion of the latest visit to Benin by an IMF Mission, the fund quoted Luc Eyraud, who led the staff team during the visit as saying that “Benin’s recent economic performance remains strong despite a less supportive external environment and the closure of the border with Nigeria.
“Real GDP is expected to grow by 6.4 per cent in 2019, mostly driven by the agriculture and transport sectors. Growth should accelerate in 2020 and remain sustained over the medium term, buttressed by vigorous cotton production, construction, and port activities.
“Consumer price inflation, affected by the high agriculture production, has been on a declining trend, falling by 1.4 percent in the first nine months of 2019, relative to the same period one year earlier.
“It is expected to remain well below the 3.0 per cent regional ceiling in 2019 and 2020. The fiscal deficit for 2019 is estimated at 2.3 per cent of the recently rebased GDP.
“Performance under the IMF-supported program has been very satisfactory so far this year. All end-June 2019 quantitative performance criteria and the end-September structural benchmark program were met.”

https://www.newtelegraphng.com/2019/11/imf-benins-economy-strong-despite-border-closure/

Hmm. Ok. Reserve

Transportation and agriculture generates much revenue for this folks. Some Nigeria companies even have there farms over there

Good.. Our borders remain closed

I am not surprised. They keep receiving import duties from Nigerian importers who are the real victims of the border closure.

Good for them....

“Real GDP is expected to grow by 6.4 per cent in 2019, mostly driven by the agriculture and transport sectors. 

That's good I expected worse considering its said informal trade with nigeria is 20% of exports. They should restructure their economy past that.

IMF stop giving this people false hope and stop deceiving Nigerians, nothing like strong economy and the world knows Nigeria economy sustains its neighbours like Niger and Benin republics. ..I don't know when all this international lies will stop.

Good.

So they can finally stop undermining our country.

Parasites.

How long ago was the border closure? It is definitely not long enough to make any reasonable assessment beyond the difficulties faced by people who crosses the borders on a daily basis.
IMF and quack assessments. Do they really think the economy of Republic of Benin will collapse a couple of weeks after the closure?

That is their problem. Border remain closed buy naija to grow naija

Africans will be the last people to stop taking the IMF seriously.

and our own GDP dey hover around 1,9% , Killing other sector to grow rice

They have little resources and their population strength is not really huge, so they have to be shrewd and sensible..


unlike the Giant of ....

IMF should stop deceiving Africans...Benin Republic economy is not even as strong as that of Lagos

Good for Benin republic and good for those concerned border closure was adversely affecting neighbouring nations. I hope this is also good news for the government and encourages them to persevere with border closure until they achieve the desired economic result as well as reduce insecurity throughout the realm. Border closure is meant for the good of Nigeria and not intended for detriment of neighbours.

a time woud come when other smaller coutries would call our bluff and they would go solo for them to discover how big and useless Nigeria is. after all, egypt is bigger than israel but 70 percent useless to them.

This is how Ecowas countries are looking at the Zoo now.

This is the first time I am seeing you being pro-Nigeria

RTSC:
Good.

So they can finally stop undermining our country.

Parasites.

If that's true then y are they crying disturbing us

biafranbaby:
This is how Ecowas countries are looking at the Zoo now.

Terrorist ipob are useless beings

oyatz:
This is the first time I am seeing you being pro-Nigeria

You must be mistaking being pro Nigeria for being pro buhari.

They are two different things.