The IMF reached staff-level agreements with Benin on the reviews of the EFF, ECF, and RSF programs. GDP growth is forecast at 7.5% in 2024, up from 6.5%, while the fiscal deficit narrowed to 3% of GDP—meeting WAEMU targets a year early—and is set to fall to 2.9%. The current account widened last year but is expected to improve as local processing increases exports.