IMF Staff Country Reports

Burkina Faso: 2018 Article IV Consultation; First Review Under the Extended Credit Facility Arrangement; Request for Waiver for Nonobservance of a Performance Criterion, and Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso

January 22, 2019

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Burkina Faso: 2018 Article IV Consultation; First Review Under the Extended Credit Facility Arrangement; Request for Waiver for Nonobservance of a Performance Criterion, and Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso, (USA: International Monetary Fund, 2019) accessed December 21, 2024

Also available in: français

Summary

Burkina Faso faces large social and physical infrastructure gaps, a deteriorating security situation, and unease among the rapidly-expanding population about economic prospects. Growth has been robust, averaging more than 6 percent over the past two years. Activity has been supported by expansionary fiscal policy, including from a boost to capital spending in 2017. Revenue has not increased as expected and the wage bill has been rising.

Subject: External debt, Government debt management, Labor, Public debt, Public financial management (PFM), Revenue administration, Wages

Keywords: Anti-corruption authority, Authority, Burkina Faso's program, Center, CR, Executive board discussion, Global, Government debt management, IMF's Extended Credit Facility, ISCR, Public-sector compensation reform, Security spending, Sub-Saharan Africa, Wage bill, Wages, West Africa

Publication Details

  • Pages:

    128

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2019/015

  • Stock No:

    1BFAEA2019001

  • ISBN:

    9781484394236

  • ISSN:

    1934-7685

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