"Benin is taking the necessary steps to put in place an economic foundation that will help ensure continued prosperity for its people," said Prime Minister Harper. "The support that Canada is providing today will advance that goal by helping Benin make its tax system more modern, effective and transparent."
With the use of Canadian technical expertise - which will be given from specialists on both a short- and long-term basis - the Support for the Increase of Internal Revenues in Benin project will help support Benin's efforts to effectively collect and manage corporate and personal income taxes. More specifically, it will help improve the collection of internal taxes, improve policy implementation, and improve policy development through new information systems.
With increased tax revenues, the Government of Benin will be able to improve its social programs, resulting in better economic conditions for poor and vulnerable populations, such as women and youth, and an overall improved environment for economic growth.
Through the Canadian International Development Agency's Geographic Programs Branch - Benin Country program, funding will be provided over eight years (2013-2021) to support Benin's efforts. A Request for Proposal will be launched in the coming months to select the project's implementing partner.
The Government of Canada's programming in Benin supports Canada's comprehensive engagement in Africa in the goal of reducing poverty and ensuring greater sustainability and stability.