IMF Staff Country Reports

Burkina Faso: Request for a Three-Year Arrangement Under the Extended Credit Facility - Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso

March 15, 2018

Download PDF

Preview Citation

Format: Chicago

Burkina Faso: Request for a Three-Year Arrangement Under the Extended Credit Facility - Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso, (USA: International Monetary Fund, 2018) accessed December 22, 2024

Also available in: français

Summary

This paper discusses Burkina Faso’s Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The program aims to maintain macroeconomic stability while promoting sustainable and inclusive growth. Under the program, fiscal space for priority security, social, and investment spending would be supported by strengthening revenue mobilization and containing current spending, especially on wages. Efforts to improve investment selection and execution would achieve more with the resources available. Prudent public financial and debt management along with energy sector reforms would ensure fiscal sustainability and mitigate fiscal risks. Structural reforms would improve the business environment and promote diversification. The IMF staff supports the authorities’ request for an ECF arrangement.

Subject: Debt sustainability analysis, Expenditure, External debt, Government debt management, Public debt, Public financial management (PFM), Public investment and public-private partnerships (PPP), Revenue administration

Keywords: Authorities' intention, Authorities' reform, CR, Debt, Debt criteria, Debt management, Debt sustainability analysis, Executive board discussion, Financing, Financing scheme, Government debt management, ISCR, Sub-Saharan Africa, West Africa

Publication Details

  • Pages:

    90

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2018/081

  • Stock No:

    1BFAEA2018001

  • ISBN:

    9781484347362

  • ISSN:

    1934-7685

You May Also Be Interested In...

How Has Dollarization Served Timor-Leste So Far?

December 20, 2024

Chasing the Dream: Industry-Level Productivity Developments in Europe

December 20, 2024

Ukraine: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of a Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ukraine

December 20, 2024

Islamic Republic of Mauritania: Staff Report for the 2024 Article IV Consultation, Third Review Under the Arrangements Under the Extended Credit Facility and Extended Fund Facility, Request for Modification of Quantitative Performance Criteria, and Second Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania

December 20, 2024