Bénin charts a controlled growth trajectory with 2027-2029 budget plan

Lawmakers gathered in plenary session at the Palais des Gouverneurs in Porto-Novo on Wednesday, June 24, 2026, to examine the major directions that will shape the 2027 general state budget. This debate carries exceptional significance as it marks the first such exercise under the new political cycle led by President Romuald Wadagni’s government.

The Multi-year Budget and Economic Programming Document for 2027-2029 was presented to deputies, laying out the financial strategy for the next three years. Through this framework, the government aims to consolidate recent economic achievements while preparing a new phase of structural transformation.

According to Gérard Gbénonchi, chairman of the National Assembly’s Finance and Trade Committee, this debate is a crucial step in the budget calendar. It allows both an assessment of results from recent years and an evaluation of the coherence of medium-term choices, in a regional and international context that remains unstable.

The macroeconomic data presented reflect remarkable 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 shows continuous GDP growth: from 6.4% in 2023 to 7.5% in 2024, reaching 8.1% in 2025—a level unprecedented since the democratic renewal.

This performance rests on several pillars. Agriculture continued to play a central role, while industry, construction and public works, as well as market services and trade, recorded increased activity. Together, they strengthened the national productive base and improved macroeconomic balances.

Through the 2027-2029 programming, the government signals its ambition to combine fiscal discipline, continued reforms, and structural investments, aiming to sustainably anchor growth and broaden its social benefits.