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    View INVESTIEREN SIE IN BENIN - Visit Benin - Celso Salles by Celso SallesPreview
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    INVESTIEREN SIE IN BENIN - Visit Benin - Celso Salles

    Investieren Sie in die Afrika-Sammlung

    by Celso Salles

    This is the price your customers see. Edit list price

    This book may be found in online bookstores, like Amazon.com, using the ISBNs below:
    Softcover ISBN:
    9798331238520
    About the Book

    Edit

    Benin’s economic growth remains robust at 6.4 percent in 2019, following annual gross domestic product (GDP) growth above 5 percent in real terms since 2017.
    Steady growth and improving local conditions saw Standard And Poor’s (S and P) upgrade the country’s investment grade rating from B to B+ in July of 2018 while Moody’s rated Benin for the first time in 2019.
    Per capita GDP has been showing healthy growth since 2015, passing the €1000 mark in 2017.
    The country experienced a deflation of 0.9 percent in 2019, following several years of inflation rates near or below zero.
    The CFA Franc, which is pegged to the euro, has maintained relative stability while steadily depreciating against the US dollar between the period 2017 - 2019.
    Inflows of foreign direct investment (FDI) has varied significantly in recent years. Between 2014 and 2016 it declined from more than 4 percent of GDP
    to about 1.5 percent, a reduction of about €186 million. Investment has since increased to around 2 percent of national GDP in 2017 and 2018, yet remains below 60 percent of 2014 levels.
    As Benin aims for energy independence, it has implemented several reforms and initiatives to promote business and increase private investment.
    The government implemented a single legal framework for public private partnerships (PPPs), created a single business portal for information and support
    and is developing special economic zones to attract industry. In addition, the country has established Revealing Benin, a large-scale investment programme based on nine key sectors, including electricity.
    To help stimulate investment in renewable energy, several tax incentives were introduced in 2020.
    Solar panels and batteries are exempt from both VAT and import duties. Importantly, however, a 5 percent import duty applies
    to pre-assembled solar generating sets and wind turbines, which also incur VAT of 18 percent.

    Afiliação regional
    AU, CEN-SAD, Conseil de l'Entente, ECOWAS, UEMOA
    Author website
    https://educasatworld.com
    Features & Details

    Edit

    • Primary Category: Business & Economics
    • Additional Categories Nature / Wildlife, Travel
    • Project Option: 8×10 in, 20×25 cm
      # of Pages: 240
    • Isbn
      • Softcover: 9798331238520
    • Publish Date: May 30, 2024
    • Language German
    • Keywords Bénin, Tourisme, Investing, Tourism, Africa, Benin
    See More
    About the Creator
    educasat
    EDITORA EDUCASAT WORLD
    Sarasota, FL

    Na Editora Educasat World você encontra livros com novos e importantes conceitos dentro do RENASCIMENTO AFRICANO MODERNO em toda a sua plenitude. Livros impressos, entregues em sua casa, em qualquer parte do mundo. At Editora Educasat World you will find books with new and important concepts within the MODERN AFRICAN RENAISSANCE in all its fullness. Printed books, delivered to your home, anywhere in the world.

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