Benin - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

Definition: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1977 275,000,000
1978 3,516,000,000
1979 2,745,000,000

Net incurrence of liabilities, total (% of GDP)

Definition: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1977 0.15
1978 1.68
1979 1.09

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance