Burkina Faso: Staff Report for the 2005 Article IV Consultation, Fourth Review Under the Poverty Reduction and Growth Facility Arrangement, and Request for Waiver of Performance Criterion

September 30, 2005

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Burkina Faso: Staff Report for the 2005 Article IV Consultation, Fourth Review Under the Poverty Reduction and Growth Facility Arrangement, and Request for Waiver of Performance Criterion, (USA: International Monetary Fund, 2005) accessed December 24, 2024

Summary

The staff report for the combined 2005 Article IV Consultation on Burkina Faso focuses on recent economic developments and performance. Burkina Faso has maintained an average real GDP growth rate of more than 6 percent annually, and inflation has been contained. Revenues performance is benefiting from the computerization of the major customs offices and the introduction of a new single taxpayer identification number. Continued implementation of pro-growth macroeconomic policies, diversification of the economy, and structural reforms will be necessary to establish the conditions for a resumption of robust economic growth.

Subject: Agricultural commodities, Commodities, Expenditure, External debt, International trade, Poverty, Poverty reduction strategy, Terms of trade

Keywords: Africa, Agricultural commodities, Authorities' awareness, Authorities consent, Authority, Awareness of the need, CR, Global, ISCR, Oil price shock, Poverty reduction strategy, PRGF arrangement, PRGF loan, Price flexibility, Sub-Saharan Africa, Terms of trade

Publication Details

Pages:

89
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/354
Stock No:

1BFAEA2005006
ISBN:

9781451803853
ISSN:

1934-7685

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