Burkina Faso: Recent Economic Developments

August 22, 2000

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Burkina Faso: Recent Economic Developments, (USA: International Monetary Fund, 2000) accessed December 28, 2024

Summary

During most of the 1980s, Burkina Faso followed a development strategy based on central planning and pervasive controls that resulted in large macroeconomic imbalances. The consumer price index in Burkina Faso is influenced not only by the supply of domestically produced foodstuff, mainly cereals, but also by the fixed exchange rate regime. Monetary policy is conducted within the framework of the West African Economic and Monetary Union. The reform strategy has revived the cotton sector. Both transportation and labor costs have been reduced for the cotton sector.

Subject: Agricultural commodities, Banking, Commodities, Expenditure, Health, Health care spending, Public investment spending, Tariffs, Taxes

Keywords: Agricultural commodities, CFA franc, CR, Current account, Debt service, Enterprise, Health care spending, Interest rate, Investment, ISCR, Money stock, Proceeds, Production, Public investment spending, Restructuring program, Tariffs, West Africa

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/103
Stock No:

1BFAEA0022000
ISBN:

9781451803716
ISSN:

1934-7685

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