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...

This paper assesses the link between public investment and economic growth in Burkina Faso. It also evaluates Burkina Faso's external competitiveness by using a comparison of REER to its equilibrium levels and a survey-based assessment of overall competitiveness. The report attempts to quantify...

Structural reforms and strong macroeconomic policies of Burkina Faso have promoted economic growth and low inflation over the past decade. Executive Directors welcomed this development, and encouraged the authorities to reduce the fiscal deficit and maintain fiscal and external debt...

This paper assesses the Sixth Review Under the Poverty Reduction and Growth Facility (PRGF) and Requests for Waiver of Performance Criteria for Burkina Faso. The implementation of the PRGF-supported program remains largely satisfactory, with all but one of the quantitative benchmarks and...

This paper presents Burkina Faso’s third review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility. Favorable weather augurs well for a rebound in agricultural production, but real GDP growth is expected to remain below trend in the near term. A good harvest would...

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...

This paper assesses Burkina Faso’s 2003 Article IV Consultation and a Request for a New Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). Burkina Faso’s performance under PRGF-supported programs during 1993–2002 and in implementing the policy agenda laid out in...

This Selected Issues paper and Statistical Annex analyzes the cotton sector in Burkina Faso. The paper highlights that the effect of the sharp drop in international prices of cotton since mid-2001 was much better managed in Burkina Faso than in most of the neighboring cotton-producing countries....

This paper examines the 2002 Article IV Consultation and Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) for Burkina Faso. Performance under the PRGF-supported program has been generally satisfactory, as all end-December 2001 quantitative performance criteria, benchmarks, and...

Burkina Faso recorded a solid economic performance in 1996–99, with sustained real GDP growth in the 5–6 percent range, subdued inflation, an improved fiscal position, and progress in liberalizing the economy. Monetary policy is conducted at the regional level by the Central Bank of West...