This technical note reviews the cooperative bank and credit union sectors. It focuses on: (i) thesituation of the two sectors that are both in states of transition; (ii) the regulatory and supervisory arrangements; and (iii) the safety net and resolution regime within the context of the crisis...

Burkina Faso considers the education sector a critical player in its development priorities. The higher education sector, which comprised 18 accredited universities (10 public and 8 private) and 75 Grandes Ecoles (23 public and 52 private) in 2020, is expected to play an important role in...

This joint World Bank/IMF Debt Sustainability Analysis (DSA) has been prepared in the context of the 2018 Article IV consultation and first review of the three-year program supported by the IMF's Extended Credit Facility (ECF). It is based on end-2017 debt data and the latest methodology...

A small landlocked economy in the heart of West Africa's French-speaking Sahel, Burkina Faso is characterized by its modest economic size, with a rapid population growth, with one of the highest per capita birth rates in the world. Burkina Faso needs to create 300,000 jobs annually to match its...

Regional integration and international connectivity via economic corridors play an essential role in reducing the isolation of West Africa's landlocked countries such as Burkina Faso. Burkina Faso's main international corridors are the Ouagadougou-Lome road corridor connecting it to Togo, the...

According to latest estimates, the economy grew by 2.0 percent in 2020, 4 percentage points less than projected before the onset of COVID-19 (coronavirus). The primary sector grew by 5.2 percent, supported by strong performances of subsistence crops and cotton. The tertiary sector, the largest...

This note presents the results of the second round of a nationally representative telephone survey (HFPS). Data collection took place between July 20 and August 14, 2020. The 1,968 households that were successfully interviewed during the first round were called and 1,860 (94.5 percent of the...

The rate of Burkina Faso's progress towards the eradication of extreme poverty and the reduction of inequalities over recent years has been sub-optimal. This Systematic Country Diagnostic (SCD) is an analytical report prepared by the World Bank Group (WBG) in an attempt to identify and analyze...

This Public Expenditure and Revenue Review (PERR) identifies Burkina Faso's key public spending and revenue challenges and proposes solutions to develop more effective and transparent fiscal policies. The review, carried out by a World Bank team with inputs from the Government of Burkina Faso,...