Burkina Faso: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria—Staff Report; Press Release on the Executive Board Discussion

January 25, 2013

Preview Citation

Format: Chicago

Burkina Faso: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria—Staff Report; Press Release on the Executive Board Discussion, (USA: International Monetary Fund, 2013) accessed December 22, 2024

Also available in: français

Summary

The number of Malian refugees in Burkina Faso has increased, but the government’s contribution remains in line with earlier estimates. Growth for 2012 has been revised upward to 8 percent. The overall fiscal deficit is significantly lower than anticipated. The current account is expected to improve next year. There is significant improvement in revenue collection. The authorities are stepping up efforts to improve resilience to shocks. Efforts are under way to improve debt management capacity. The mining taxation regime needs to rebalance the interests of investors.

Subject: Agricultural commodities, Commodities, Economic sectors, Food security, Gold, Mining sector, Poverty, Revenue administration

Keywords: Agricultural commodities, CR, ECF arrangement, Food security, Global, Gold, IMF's executive board, Investment spending, ISCR, Macroeconomic performance, Mining sector, Priority investment spending, Program, Revenue, Sub-Saharan Africa, West Africa

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/026
Stock No:

1BFAEA2013001
ISBN:

9781475585278
ISSN:

1934-7685

Notes

Also available in French

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