State) 8.6%; the second-round balloting, originally scheduled for 18March 2001, was postponed four days because both SOGLO and
HOUNGBEDJI withdrew alleging electoral fraud; this left KEREKOU to
run against his own Minister of State, AMOUSSOU, in what was termed
a "friendly match"
Legislative branch:
unicameral National Assembly or Assemblee Nationale (83 seats;
members are elected by direct popular vote to serve four-year terms)
elections: last held 30 March 2003 (next to be held March 2007)
election results: percent of vote by party - NA%; seats by party -
Presidential Movement 52, opposition (PRB, PRD, E'toile, and 5 other
small parties) 31
Judicial branch:
Constitutional Court or Cour Constitutionnelle; Supreme Court or
Cour Supreme; High Court of Justice
Political parties and leaders:
African Congress for Renewal or DUNYA [Saka SALEY]; African
Movement for Democracy and Progress or MADEP [Sefou FAGBOHOUN];
Alliance of the Social Democratic Party or PSD [Bruno AMOUSSOU];
Coalition of Democratic Forces [Gatien HOUNGBEDJI]; Democratic
Renewal Party or PRD [Adrien HOUNGBEDJI]; Front for Renewal and
Development or FARD-ALAFIA [Jerome Sakia KINA]; Impulse for Progress
and Democracy or IPD [Bertin BORNA]; Key Force or FC [leader NA];
Presidential Movement (UBF, MADEP, FC, IDP, and four small parties);
Renaissance Party du Benin or PRB [Nicephore SOGLO]; The Star
Alliance (Alliance E'toile) [Sacca LAFIA]; Union of Tomorrow's Benin
or UBF [Bruno AMOUSSOU]
note: approximately 20 additional minor parties
Political pressure groups and leaders:
NA
International organization participation:
ACCT, ACP, AfDB, AU, ECOWAS, Entente, FAO, FZ, G-77, IAEA, IBRD,
ICAO, ICCt, ICFTU, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO,
Interpol, IOC, IOM, ISO (correspondent), ITU, MIGA, MINUSTAH, MONUC,
NAM, OIC, ONUB, OPCW, UN, UN Security Council (temporary), UNCTAD,
UNESCO, UNIDO, UNMIL, UNOCI, UPU, WADB (regional), WAEMU, WCL, WCO,
WFTU, WHO, WIPO, WMO, WToO, WTO
Diplomatic representation in the US: chief of mission: Ambassador Cyrille Segbe OGUIN chancery: 2124 Kalorama Road NW, Washington, DC 20008 telephone: [1] (202) 232–6656 FAX: [1] (202) 265–1996
Diplomatic representation from the US: chief of mission: Ambassador Wayne NEILL embassy: Rue Caporal Bernard Anani, Cotonou mailing address: 01 B. P. 2012, Cotonou telephone: [229] 30–06-50 FAX: [229] 30–06-70
Flag description:
two equal horizontal bands of yellow (top) and red (bottom) with a
vertical green band on the hoist side
Economy Benin
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. The 2001 privatization policy should continue in
telecommunications, water, electricity, and agriculture in spite of
initial government reluctance. The Paris Club and bilateral
creditors have eased the external debt situation, 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. As a result, smuggling and
criminality along the Benin-Nigeria border has been on the rise.
GDP (purchasing power parity):
$8.338 billion (2004 est.)
GDP - real growth rate:
5% (2004 est.)
GDP - per capita:
purchasing power parity - $1,200 (2004 est.)
GDP - composition by sector: agriculture: 36.3% industry: 14.3% services: 49.4% (2004 est.)
Labor force:
NA (1996)
Unemployment rate:
NA
Population below poverty line:
33% (2001 est.)
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
2.8% (2004 est.)
Investment (gross fixed):
19.3% of GDP (2004 est.)
Budget:
revenues: $869.4 million
expenditures: $720.4 million, including capital expenditures of NA
