Moody's maintained the B+ rating given to the Republic of Benin last Friday, with a stable outlook.

Moody's decision testifies to Benin's economic dynamism, driven by the ambitious reforms implemented since 2016. According to the rating agency, the country's robust growth and the favorable outlook for fiscal consolidation, and once again welcomes the quality of proactive debt management by the authorities, she insists on Benin's very favorable economic outlook, with an expected growth of 6% to 7% over the period 2026-2027, driven by the implementation of the Government Action Programme (PAG). Moody's forecasts a reduction in the budget deficit to 2.9% of GDP in 2025, below the Community target, and a reduction in the debt level below 50% of GDP by 2027