Burkina Faso: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion

February 3, 2009

Preview Citation

Format: Chicago

Burkina Faso: Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Press Release on the Executive Board Discussion, (USA: International Monetary Fund, 2009) accessed September 24, 2024

Also available in: français

Summary

This paper presents Burkina Faso’s third review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility. Favorable weather augurs well for a rebound in agricultural production, but real GDP growth is expected to remain below trend in the near term. A good harvest would contribute to an easing of inflation pressures, supported by lower international oil and food prices. Domestic supply will largely determine developments in 2009. The main risks relate to further deterioration of the external environment, especially indirect effects of the global financial turmoil.

Subject: Capital spending, Current spending, Expenditure, Oil prices, Prices, Revenue administration, Tax administration core functions

Keywords: Amount equivalent to SDR, Capital spending, CR, Current spending, Debt service, Excl. IMF, Global, IMF repurchase, IMF staff estimate, ISCR, Oil price mechanism, Oil price shock, Oil prices, PRGF arrangement, SDR, Tax administration core functions, West Africa, West public finance management mission

Publication Details

Pages:

83
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/038
Stock No:

1BFAEA2009001
ISBN:

9781451803990
ISSN:

1934-7685

Notes

Also available in French

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