IMF Staff Country Reports

Burkina Faso : Request for a Three-Year Arrangement Under the Extended Credit Facility - Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso

Author/Editor:

International Monetary Fund

Publication Date:

March 15, 2018

Electronic Access:

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Summary:

Economic activity continues to recover after the 2014–2015 political transition. However, despite some improvements in recent years, Burkina Faso’s human development index remains among the lowest globally and poverty remains relatively high. The government is striving to meet the country’s development challenges, which have recently intensified due to security shocks, through implementation of the 2016–2020 national and economic social development plan (PNDES). The authorities have requested a three-year arrangement under the ECF in an amount equivalent to of SDR 108.36 million (90 percent of quota) in support of their medium-term economic reform program.

Series:

Country Report No. 18/81

Subject:

Burkina Faso Economic indicators Executive Board decisions Extended arrangement requests Extended Credit Facility Fiscal consolidation Fiscal policy Fiscal reforms Fund approval proposed Private sector Tax administration Tax reforms