Titre |
ALGEBRAIC ANALYSIS OF BENIN PUBLIC DEBT SUSTAINABILITY |
Auteurs |
DOSSA Alfred [1],
|
Journal: |
International Journal of Development Research (IJDR). |
Catégorie Journal: |
Internationale |
Impact factor: |
0 |
Volume Journal: |
10 |
DOI: |
|
Resume |
The outstanding public debt of Benin on June 30, 2020 was FCFA 4,251.44 billion compared to FCFA 3, 857.97 billion on March 31, 2020 (CAA, 2020). The corresponding indebtedness ratios are 43.9% (1st term of 2020) and 48.4% (2nd term of 2020). Such indebtedness progress deserves an analysis of Benin public debt sustainability. The aim of this study is to carry on the algebraic analysis of Benin public debt sustainability. This approach is based on the control of indebtedness ratio through intertemporal budgetary constraint. The algebraic estimate in the programming software R showed that Benin can reduce its indebtedness ratio by 40% in the medium term with considerable budgetary efforts. |
Mots clés |
Estimate, sustainability, Public debt, Benin. |
Pages |
42395 - 42399 |
Fichier |
(PDF) |