Government-by-Government Assessments: Benin
While Benin made significant progress by making information on state-owned enterprise debt guaranteed by the government publicly available, budget documents did not detail allocations to and earnings from state-owned enterprises. Additionally, the end-of-year budget report was not published within 12 months of the end of the fiscal year. During the review period, the government made budget documents widely and easily accessible to the general public, including online. Information on debt obligations was publicly available. The supreme audit institution audited the entire executed budget and made the results available online. The government is in the process of establishing a new, independent supreme audit institution. Benin’s fiscal transparency would be improved by:
- publishing timely end-of-year reports;
- establishing a supreme audit institution that meets international standards of independence; and
- providing comprehensive accounting of transfers to and from all state-owned enterprises.