Burkina Faso: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso

Publication Date:

May 9, 2007

Electronic Access:

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Summary:

Burkina Faso’s request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility is discussed. The proposed new Poverty Reduction and Growth Facility (PRGF) program would help anchor macroeconomic stability and support Burkina Faso’s poverty reduction and growth strategy. Macroeconomic performance under the previous PRGF arrangement has been good. Average real GDP growth has been above 6 percent, inflation has been low and stable, and the current account has improved. Increasing domestic revenues would create fiscal space for poverty-reducing expenditures while keeping debt sustainable.

Series:

Country Report No. 2007/153

Subject:

Notes:

Also available online in French

English

Publication Date:

May 9, 2007

ISBN/ISSN:

9781451803914/1934-7685

Stock No:

1BFAEA2007001

Pages:

104

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