IMF Staff Country Reports

Performance under the last ECF-supported program was broadly satisfactory. The government has prepared a medium-term policy framework to consolidate recent progress, and enhance growth prospects and poverty reduction efforts. Burkina Faso’s risk of debt distress is high. Executive Directors suggest maintaining prudent borrowing policies. There are risks to the program, mostly linked to the economy’s vulnerability to weather related and terms-of-trade shocks. Burkina Faso has a good track record of policy and reform implementation in areas critical for macroeconomic stability and growth.