{"id":469847,"date":"2021-02-18T12:35:50","date_gmt":"2021-02-18T11:35:50","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=469847"},"modified":"2021-02-18T13:23:45","modified_gmt":"2021-02-18T12:23:45","slug":"romuald-wadagni-of-benin-minister-of-finance-of-the-year","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/02\/18\/romuald-wadagni-of-benin-minister-of-finance-of-the-year\/","title":{"rendered":"Romuald Wadagni of Benin, Minister of Finance of the Year"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Minister of Economy and Finance of Benin since April 2016, Romuald Wadagni saw in 2020, in the midst of the Covid-19 pandemic, his country accede to the category of Middle-income countries. The Harvard Business Of School graduate is of the opinion that priority should be given to relaunching while preserving country signatures with major rating agencies, a decision hailed by S&amp;P and, at the dawn of the year 2021 confirmed by Fitch and made concrete by a fanfare outing from Benin on the occasion of a Eurobond * subscribed by an enthusiastic market.<\/p>\n<p>In 2020, Cotonou should register a growth of 2% according to the IMF and a projection of 6.3% on average between 2021 and 2023 (according to S&amp;P). Public debt is expected to stabilize at 43% of GDP in 2020 while the budget deficit is forecast at 5.1% in 2020 before falling to 4.5% in 2021. Main negotiator of the WAEMU in the reforms on the Franc CFA, Romuald Wadagni has been praised several times by the IMF and the World Bank for the correctness of the public reforms undertaken by Benin. (The whole story to read in the monthly Financial Afrik number 76).<\/p>\n<p>* The two Eurobonds issued on January 12 totaled 1 billion euros: the first for 700 million euros, over 7 years, with a rate of 4.875%; the second of 300 million euros, over 31 years, with a rate of 6.875%.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Minister of Economy and Finance of Benin since April 2016, Romuald Wadagni saw in 2020, in the midst of the Covid-19 pandemic, his country accede to the category of Middle-income countries. The Harvard Business Of School graduate is of the opinion that priority should be given to relaunching while preserving country signatures with major rating<\/p>\n","protected":false},"author":527180,"featured_media":469848,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12591,12046],"tags":[595,17275,15330],"class_list":["post-469847","post","type-post","status-publish","format-aside","has-post-thumbnail","category-feature","category-leaders-en","tag-benin","tag-minister-of-finance-of-the-year","tag-romuald-wadagni","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Romuald Wadagni of Benin, Minister of Finance of the Year - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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