Benin . And it’s progress in doing the UN millennium developmental goals. 1) Eradicate Extreme Hunger and P overty. Target 1.A: Halve, between 1990 and 2015, the proportion of people whose income is less than $1.25 a day Target 1.B:
And it’s progress in doing the UN millennium developmental goals
Aid to landlocked developing countries fell in 2010 for the first time in a decade, while aid to small island developing States increased substantially.
- The global economic and financial crisis contributed to a significant economic slowdown in Benin, and a widening of the fiscal and current account deficits. Growth decelerated in 2009 and 2010 further to weaker global demand for exports, a decrease in re-export trade, primarily to Nigeria, lower cotton production, lower foreign direct investment and the 2010 floods. Was 3.5%. However, growth rebounded in 2012 (5.4%), thanks to significantly higher cotton production and increased port volumes and traffic.