Compare Benin (2007) - Benin (2008)

Compare Benin (2007) z Benin (2008)

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	Benin (2007)	Benin (2008)

Background	Present day Benin was the site of Dahomey, a prominent West African kingdom that rose in the 15th century. The territory became a French Colony in 1872 and achieved independence on 1 August 1960, as the Republic of Benin. A succession of military governments ended in 1972 with the rise to power of Mathieu KEREKOU and the establishment of a government based on Marxist-Leninist principles. A move to representative government began in 1989. Two years later, free elections ushered in former Prime Minister Nicephore SOGLO as president, marking the first successful transfer of power in Africa from a dictatorship to a democracy. KEREKOU was returned to power by elections held in 1996 and 2001, though some irregularities were alleged. KEREKOU stepped down at the end of his second term in 2006 and was succeeded by Thomas YAYI Boni, a political outsider and independent.	Present day Benin was the site of Dahomey, a prominent West African kingdom that rose in the 15th century. The territory became a French Colony in 1872 and achieved independence on 1 August 1960, as the Republic of Benin. A succession of military governments ended in 1972 with the rise to power of Mathieu KEREKOU and the establishment of a government based on Marxist-Leninist principles. A move to representative government began in 1989. Two years later, free elections ushered in former Prime Minister Nicephore SOGLO as president, marking the first successful transfer of power in Africa from a dictatorship to a democracy. KEREKOU was returned to power by elections held in 1996 and 2001, though some irregularities were alleged. KEREKOU stepped down at the end of his second term in 2006 and was succeeded by Thomas YAYI Boni, a political outsider and independent. YAYI has begun a high profile fight against corruption and has strongly promoted accelerating Benin's economic growth.
Budget	revenues: $786 million expenditures: $1.024 billion (2006 est.)	revenues: $936.9 million expenditures: $1.226 billion (2007 est.)
Debt - external	$1.6 billion (2000)	$1.2 billion (2007)
Diplomatic representation from the US	chief of mission: Ambassador Gayleatha B. BROWN embassy: Rue Caporal Bernard Anani, Cotonou mailing address: 01 B. P. 2012, Cotonou telephone: [229] 21-30-06-50 FAX: [229] 21-30-06-70	chief of mission: Ambassador Gayleatha B. BROWN embassy: Rue Caporal Bernard Anani, Cotonou mailing address: 01 B. P. 2012, Cotonou telephone: [229] 21-30-06-50 FAX: [229] 21-30-03-84
Economic aid - recipient	$349.1 million (2005)	$374.7 million (2006)
Economy - overview	The economy of Benin remains underdeveloped and dependent on subsistence agriculture, cotton production, and regional trade. Growth in real output has averaged around 5% in the past six years, but rapid population growth has offset much of this increase. Inflation has subsided over the past several years. In order to raise growth still further, Benin plans to attract more foreign investment, place more emphasis on tourism, facilitate the development of new food processing systems and agricultural products, and encourage new information and communication technology. Specific projects to improve the business climate by reforms to the land tenure system, the commercial justice system, and the financial sector were included in Benin's $307 million Millennium Challenge Account grant signed in February 2006. The 2001 privatization policy continues in telecommunications, water, electricity, and agriculture in spite of government reluctance. The Paris Club and bilateral creditors have eased the external debt situation, with Benin benefiting from a G8 debt reduction announced in July 2005, while pressing for more rapid structural reforms. Benin continues to be hurt by Nigerian trade protection that bans imports of a growing list of products from Benin and elsewhere, which has resulted in increased smuggling and criminality in the border region.	The economy of Benin remains underdeveloped and dependent on subsistence agriculture, cotton production, and regional trade. Growth in real output has averaged around 5% in the past seven years, but rapid population growth has offset much of this increase. Inflation has subsided over the past several years. In order to raise growth still further, Benin plans to attract more foreign investment, place more emphasis on tourism, facilitate the development of new food processing systems and agricultural products, and encourage new information and communication technology. Specific projects to improve the business climate by reforms to the land tenure system, the commercial justice system, and the financial sector were included in Benin's $307 million Millennium Challenge Account grant signed in February 2006. The 2001 privatization policy continues in telecommunications, water, electricity, and agriculture though the government annulled the privatization of Benin's state cotton company in November 2007 after the discovery of irregularities in the bidding process. The Paris Club and bilateral creditors have eased the external debt situation, with Benin benefiting from a G8 debt reduction announced in July 2005, while pressing for more rapid structural reforms. An insufficient electrical supply continues to adversely affect Benin's economic growth though the government recently has taken steps to increase domestic power production.
Exchange rates	Communaute Financiere Africaine francs (XOF) per US dollar - 522.59 (2006), 527.47 (2005), 528.29 (2004), 581.2 (2003), 696.99 (2002)	Communaute Financiere Africaine francs (XOF) per US dollar - 493.51 (2007), 522.59 (2006), 527.47 (2005), 528.29 (2004), 581.2 (2003)
Exports	NA bbl/day	0 bbl/day (2007)
GDP - composition by sector	agriculture: 32.8% industry: 13.7% services: 53.5% (2006 est.)	agriculture: 33.2% industry: 14.5% services: 52.3% (2007 est.)
GDP - real growth rate	4% (2006 est.)	4.5% (2007 est.)
Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA% (2003)	lowest 10%: 3.1% highest 10%: 29% (2003)
Imports	NA bbl/day	16,830 bbl/day (2007 est.)
Industrial production growth rate	8.3% (2001 est.)	4.5% (2007 est.)
Inflation rate (consumer prices)	3.8% (2006 est.)	2.5% (2007 est.)
International organization participation	ACCT, ACP, AfDB, AU, ECOWAS, Entente, FAO, FZ, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, MIGA, MONUC, NAM, OIC, OIF, ONUB, OPCW, UN, UNCTAD, UNESCO, UNIDO, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WADB (regional), WAEMU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO	ACCT, ACP, AfDB, AU, ECOWAS, Entente, FAO, FZ, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, MIGA, MONUC, NAM, OIC, OIF, OPCW, PCA, UN, UNCTAD, UNESCO, UNIDO, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WADB (regional), WAEMU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Labor force	3.211 million (1996)	5.38 million (2007 est.)
Military branches	Benin Armed Forces: Ground Forces Command, Benin Navy, Benin People's Air Force (Force Aerienne Populaire de Benin, FAPB) (2007)	Benin Armed Forces (FAB): Army (l'Arme de Terre), Benin Navy (Forces Navales Beninois, FNB), Benin People's Air Force (Force Aerienne Populaire de Benin, FAPB) (2008)
Political parties and leaders	Alliance for Dynamic Democracy or ADD [Nicephore SOGLO]; Alliance of Progress Forces or AFP; African Movement for Democracy and Progress or MADEP [Sefou FAGBOHOUN]; Democratic Renewal Party or PRD [Adrien HOUNGBEDJI]; Force Cowrie for an Emerging Benin or FCBE; Impulse for Progress and Democracy or IPD; Key Force or FC; Movement for Development and Solidarity or MDS; Movement for Development by the Culture-Salute Party-Congress of People for Progress Alliance or Alliance MDC-PS-CPP; New Alliance or NA; Rally for Democracy and Progress or RDP; The Star Alliance (Alliance E'toile) [Sacca LAFIA]; Union of Tomorrow's Benin or UBF [Bruno AMOUSSOU] note: approximately 20 additional minor parties	Alliance for Dynamic Democracy or ADD; Alliance of Progress Forces or AFP; African Movement for Democracy and Progress or MADEP [Sefou FAGBOHOUN]; Benin Renaissance or RB [Rosine SOGLO]; Democratic Renewal Party or PRD [Adrien HOUNGBEDJI]; Force Cowrie for an Emerging Benin or FCBE; Impulse for Progress and Democracy or IPD [Theophile NATA]; Key Force or FC [Lazare SÈHOUÉTO]; Movement for the People's Alternative or MAP [Olivier CAPO-CHICHI]; Rally for Democracy and Progress or RDP [Dominique HOUNGNINOU]; Social Democrat Party or PSD [Bruno AMOUSSOU]; Union for the Relief or UPR [Issa SALIFOU]; Union for Democracy and National Solidarity or UDS [Sacca LAFIA] note: approximately 20 additional minor parties
Population below poverty line	33% (2001 est.)	37.4% (2007 est.)
Radio broadcast stations	AM 2, FM 9, shortwave 4 (2000)	AM 1, FM 34, shortwave 1 (2007)
Telephone system	general assessment: inadequate; fixed-line network is almost saturated with fixed-line teledensity stuck at a meager 1 per 100 persons; mobile-cellular telephone density of roughly 10 per 100 persons domestic: fair system of open-wire, microwave radio relay, and cellular connections; four mobile-cellular providers international: country code - 229; landing point for the SAT-3/WASC fiber-optic submarine cable that provides connectivity to Europe and Asia; satellite earth station - 7 (Intelsat-Atlantic Ocean) (2007)	general assessment: inadequate; fixed-line network is almost saturated with fixed-line teledensity stuck at a meager 1 per 100 persons; mobile-cellular telephone subscribership is increasing domestic: fair system of open-wire, microwave radio relay, and cellular connections; four mobile-cellular providers international: country code - 229; landing point for the SAT-3/WASC fiber-optic submarine cable that provides connectivity to Europe and Asia; satellite earth station - 7 (Intelsat-Atlantic Ocean) (2007)
Telephones - main lines in use	76,300 (2005)	77,300 (2006)
Telephones - mobile cellular	750,000 (2005)	1.056 million (2006)
Television broadcast stations	1 (2001)	6 (2007)

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