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...

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...

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...

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...