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

Publication Date:

May 28, 2008

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

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:

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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