Burkina Faso: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion

April 7, 2004

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Burkina Faso: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion, (USA: International Monetary Fund, 2004) accessed November 23, 2024

Summary

Performance under the program has been satisfactory. Real GDP growth is higher than estimated owing to substantially higher than projected agricultural production. Burkina Faso continues to depend heavily on external assistance and on cotton exports, and is highly vulnerable to terms-of-trade fluctuations and the volatility of aid flows. The government’s continued resolve to strengthen transparency in public finance management, promote good governance, and combat corruption has been commended. The poverty reduction strategy program should take account of the revised macroeconomic framework.

Subject: Budget planning and preparation, Expenditure, Poverty, Poverty reduction, Poverty reduction strategy, Public financial management (PFM), Revenue administration

Keywords: Budget planning and preparation, Burkinabè economy, Collection task, CR, ISCR, Management software, Poverty reduction, Poverty reduction strategy, PRGF arrangement, PRGF loan, Software training session, Staff appraisal, Tax management software, West Africa

Publication Details

Pages:

83
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/095
Stock No:

1BFAEA0042004
ISBN:

9781451803785
ISSN:

1934-7685

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