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Find all the economic and financial information on our Orishas Direct application to download on Play StoreDespite the opposition's partial boycott and declining turnout, Benin's presidential elections were held on April 11. The vice-president of Moody's, Aurelien Mali, did not fail to give his opinion on the subject.
Aurelien Mali believes that “credit problems in Benin remain and include political and social tensions, a relatively low per capita income and a relatively undiversified economy that still struggles to attract significant foreign direct investment”.
In recent years, Benin's growth has accelerated, supported by the authorities' development plan, the Government Action Program (PAG). The country's economy has been affected by the coronavirus pandemic and the global recession. However, its real growth potential remains robust, above 6% in the medium term, supported by the international community.
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