Benin | Claims on central government (annual growth as % of broad money)

Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Republic of Benin
Records
63
Source
Benin | Claims on central government (annual growth as % of broad money)
1960
1961
1962
1963 -0.51282051
1964 -0.330033
1965 2.61011419
1966 6.82926829
1967 -2.16718266
1968 -2.53164557
1969 8.75462392
1970 -14.80182392
1971 -6.68129238
1972 2.51977493
1973 -4.72763906
1974 -8.501285
1975 -2.86736408
1976 2.04337864
1977 -12.47429075
1978 3.43089524
1979 -29.92285414
1980 3.47070519
1981 -5.5898881
1982 11.12333634
1983 9.75842662
1984 15.67525773
1985 -8.1706291
1986 2.17863987
1987 3.66229651
1988 -5.90813312
1989 -8.91632205
1990 12.35685136
1991 -13.73527039
1992 9.34105164
1993 -10.14575309
1994 19.38188994
1995 6.04520649
1996 -6.57069293
1997 0.55593594
1998 -9.2068754
1999 -19.93074186
2000 0.60978011
2001 -10.6177477
2002 1.63432139
2003 -1.00730928
2004 -0.78218283
2005 3.81549577
2006 -13.46130434
2007 -20.55781326
2008 12.01694352
2009 9.00543525
2010 -4.05192942
2011 4.42633382
2012 -4.10454875
2013 0.35346644
2014 2.00654455
2015 -0.15827965
2016 7.84432278
2017 7.60034062
2018 -3.68291899
2019 -14.4011397
2020 11.05574623
2021 -4.48430016
2022 2.3217542

Benin | Claims on central government (annual growth as % of broad money)

Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Republic of Benin
Records
63
Source