This 2016 Article IV Consultation highlights a rebound in economic activity in Burkina Faso beginning in 2016, after two years of weak growth. The January terrorist attacks and delays in approving the budget weighed on activity in the early part of 2016, but activity has rebounded, and real GDP...

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...

This paper discusses Burkina Faso's Second Review of the Extended Credit Facility (ECF) Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion. Performance under the ECF-supported program has been broadly satisfactory. Economic activity remains resilient in the face of...

EXECUTIVE SUMMARYGrowth remains robust, despite slight downward revisions. Growth estimates for 2013 and projections for 2014 were revised to 6.6 and 6.8 percent, respectively, reflecting weather and weaker terms of trade. Inflation is around zero, partly due to subsidized food prices. The...

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 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...

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 examines Burkina Faso’s Fourth Review Under the Poverty Reduction and Growth Facility (PRGF) and the Third Annual Program. The program remains broadly on track. The economic downturn of 2000 trailed into the first half of 2001. All of the end-June and end-September 2001 quantitative...