On Wednesday, June 24, 2026, the National Assembly hosted the presentation of the Multi-year Budgetary and Economic Programming Document for 2027–2029. This strategic framework establishes the financial guidelines for the state over the next three years, aiming to consolidate recent economic gains while initiating a fresh stage of structural evolution for Bénin.
Legislative session in Porto-Novo
Deputies met in a plenary session at the Palais des Gouverneurs to analyze the strategic directions for the 2027 national budget. This discussion is particularly significant as it represents the first major fiscal debate of the new political phase under the leadership of Romuald Wadagni’s government.
Gérard Gbénonchi, Chairman of the Finance and Exchange Commission, highlighted that this debate is a cornerstone of the budgetary process. It allows for a thorough review of past performance and ensures that upcoming financial choices remain consistent with long-term goals, even as the regional and global environments remain unpredictable.
Economic resilience and record growth
The macroeconomic indicators shared with the parliament reveal a striking resilience in the national economy. From 2023 to 2026, Bénin has maintained a strong growth trajectory despite global geopolitical friction, energy supply challenges, and ongoing security concerns within West Africa.
The report indicates a steady rise in the gross domestic product. Growth rates moved from 6.4% in 2023 to 7.5% in 2024, eventually reaching a historic peak of 8.1% in 2025—a milestone not seen since the country’s democratic renewal.
This robust performance is driven by several key sectors. Agriculture remains a vital pillar, while the industrial sector, construction, public works, and commercial services have all seen a significant surge in productivity. These factors together have fortified the national production base and stabilized macroeconomic balances.
Through the 2027–2029 programming, the government is signaling its commitment to balancing fiscal responsibility with essential reforms and major infrastructure investments. The ultimate goal is to secure long-term growth and ensure that its benefits reach all levels of society.
