Burkina Faso: 2007 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility, Request for Access Augmentation, Requests for Waivers of Nonobservance of Performance Criteria, and Request for Modification of Performance Criteria: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso
Electronic Access:
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Summary:
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 sustainability. They underscored the importance of a sound fiscal policy and a prudent policy framework to improve external competitiveness. They commended tax policy reform and adoption of the new cotton producer price mechanism. In view of this, grant financing is desirable to keep debt sustainable.
Series:
Country Report No. 2008/168
Subject:
Agricultural prices Balance of payments Capital spending Current account deficits Current spending Expenditure Prices Revenue administration Tax administration core functions
Notes:
Full text also available in French.
English
Publication Date:
May 28, 2008
ISBN/ISSN:
9781451803945/1934-7685
Stock No:
1BFAEA2008001
Pages:
96
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