A la Une

Bénin charts a course for measured growth in 2027-2029 budget

Parliamentarians gathered at the Palais des Gouverneurs in Porto-Novo for a plenary session to review the key orientations that will shape the 2027 state budget. This first budget debate of the new political cycle, led by President Romuald Wadagni’s government, holds particular significance as it sets the groundwork for future fiscal policy.

The multi-year budget and economic programming document for 2027–2029, presented during the budget orientation debate on Wednesday, June 24, 2026, outlines the government’s financial strategy for the next three years. The framework aims to consolidate recent economic achievements while preparing for a new phase of structural transformation.

According to Gérard Gbénonchi, chairman of the National Assembly’s Finance and Exchange Committee, this debate is a crucial step in the budget calendar. It allows for both an assessment of recent results and an evaluation of the coherence of medium-term choices amid ongoing regional and international instability.

The macroeconomic data presented reflect notable resilience in Bénin’s economy. Between 2023 and 2026, the country maintained strong growth momentum despite global geopolitical tensions, energy disruptions, and persistent security challenges in West Africa.

The report submitted to deputies indicates steady GDP growth, with rates rising from 6.4% in 2023 to 7.5% in 2024, and reaching 8.1% in 2025 — a level not seen since the democratic renewal.

This performance rests on several pillars. The agricultural sector continued to play a central role, while industry, construction and public works, as well as market services and trade, experienced renewed activity. Together, these sectors have strengthened the national productive base and improved macroeconomic balances.

Through the 2027–2029 programming, the government demonstrates its ambition to combine fiscal discipline, continued reforms, and strategic investments, with the goal of anchoring sustainable growth and broadening its social benefits.