2016 Article IV Consultation, Sixth Review Under The Extended Credit Facility, And Requests For Modification Of A Performance Criterion, Extension Of The Arrangement And Augmentation Of Access—Press Release; Staff Report; And Statement By The Executive Director For Burkina Faso

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

February 10, 2017

Electronic Access:

Free Full Text (PDF file size is 2302 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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 growth is now projected at 5.4 percent, an improvement over 4.0 percent in 2015. The recovery is led by two new gold mines that came onstream and a sharp projected rebound in agricultural output in late 2016 and early 2017, after three disappointing years. The recovery is expected to consolidate in 2017, and growth is projected to rise to 6.1 percent as domestic and external conditions remain supportive.

Series:

Country Report No. 16/390

Subject:

Notes:

Also available in French

English

Publication Date:

December 22, 2016

ISBN/ISSN:

9781475562576/1934-7685

Stock No:

1BFAEA2016002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

123

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