Burkina Faso: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso

May 9, 2007

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Burkina Faso: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso, (USA: International Monetary Fund, 2007) accessed November 21, 2024

Also available in: français

Summary

Burkina Faso’s request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility is discussed. The proposed new Poverty Reduction and Growth Facility (PRGF) program would help anchor macroeconomic stability and support Burkina Faso’s poverty reduction and growth strategy. Macroeconomic performance under the previous PRGF arrangement has been good. Average real GDP growth has been above 6 percent, inflation has been low and stable, and the current account has improved. Increasing domestic revenues would create fiscal space for poverty-reducing expenditures while keeping debt sustainable.

Subject: Agricultural commodities, Banking, Commodities, Expenditure, Health, Poverty, Poverty reduction, Revenue administration

Keywords: Agricultural commodities, Authority, Cotton producer price, CR, Deficit, GDP, ISCR, Policy dialogue, Poverty reduction, PRGF arrangement, PRGF loan, Revenue administration reform, State, West Africa

Publication Details

Pages:

104
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/153
Stock No:

1BFAEA2007001
ISBN:

9781451803914
ISSN:

1934-7685

Notes

Also available online in French

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