IMF Staff Country Reports

Burkina Faso: Staff Report for 2009 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility, and Requests for Augmentation of Access and Modification of Performance Criteria

January 7, 2010

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Burkina Faso: Staff Report for 2009 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility, and Requests for Augmentation of Access and Modification of Performance Criteria, (USA: International Monetary Fund, 2010) accessed December 22, 2024

Also available in: français

Summary

In 2008–09, economic activity in Burkina Faso was negatively affected by the increase in global food and fuel prices, the global economic and financial crisis, and heavy flooding in Ouagadougou in September 2009. These shocks are estimated to have contributed to a deterioration in poverty indicators. Spending on emergency and humanitarian needs rose after the 2009 flooding. Fiscal stimulus measures were also adopted to support economic activity. Executive Directors have welcomed the authorities’ resolve to enhance revenue performance and expenditure management while unwinding exceptional expenditure generated by adverse exogenous shocks.

Subject: Capital spending, Current spending, Expenditure, Public financial management (PFM), Revenue administration

Keywords: Authorities development agenda, Burkina Faso's authorities, Capital spending, CR, Current spending, Debt indicator, Global, ISCR, Poverty reduction spending, PRGF arrangement, Price, Real gross domestic product, Reform, Revenue mobilization effort, Tax reform strategy, West Africa

Publication Details

  • Pages:

    102

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/007

  • Stock No:

    1BFAEA2010001

  • ISBN:

    9781451804010

  • ISSN:

    1934-7685

Notes

Also Available in French

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