Burkina Faso : First Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for a Waiver of Nonobservance of Performance Criterion-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso

Author/Editor:

International Monetary Fund

Publication Date:

December 15, 2010

Electronic Access:

Free Full text (PDF file size is 978 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Economic recovery has gained momentum, and short-term prospects have improved. Program implementation is good. Fiscal consolidation is essential for Burkina Faso’s macroeconomic stability and debt sustainability. Structural reforms remain focused on a few priority areas supporting growth and macroeconomic stability. Terms-of-trade and weather-related shocks are the main risks to the economic outlook. Executive Directors commend the government for their commitment to sound policies and encourage them to proceed with the reform agenda. The government also needs to sustain revenue mobilization to improve fiscal sustainability.

Series:

Country Report No. 10/361

Subject:

Notes:

Also available in French

English

Publication Date:

December 15, 2010

ISBN/ISSN:

9781455212866/1934-7685

Stock No:

1BFAEA2010003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

74

Please address any questions about this title to publications@imf.org