IMF Staff Country Reports

Burkina Faso: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion

Publication Date:

February 3, 2009

Electronic Access:

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Summary:

This paper presents Burkina Faso’s third review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility. Favorable weather augurs well for a rebound in agricultural production, but real GDP growth is expected to remain below trend in the near term. A good harvest would contribute to an easing of inflation pressures, supported by lower international oil and food prices. Domestic supply will largely determine developments in 2009. The main risks relate to further deterioration of the external environment, especially indirect effects of the global financial turmoil.

Series:

Country Report No. 2009/038

Subject:

Capital spending Current spending Expenditure Oil prices Prices Revenue administration Tax administration core functions

Notes:

Also available in French