Burkina Faso: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Extension of Commitment Period
March 13, 2006
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The staff report for the Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on Burkina Faso highlights the macroeconomic framework for 2006 and the fiscal policy. Discussions on the macroeconomic framework for 2006 focused on the permanence of the record 2005/06 harvest. The authorities welcomed the debt relief provided under the Multilateral Debt Relief Initiative (MDRI), and indicated that they would use the additional resources to increase spending in priority social and infrastructure programs.
Subject: Asset and liability management, Commodities, Expenditure, External debt, Poverty
Keywords: Agricultural commodities, CR, Debt relief, exchange rate, ISCR, Poverty reduction strategy, PRGF arrangement, PRGF loan, PRGF-supported program, SDR, U.S. dollar, West Africa
Pages:
58
Volume:
2006
DOI:
Issue:
107
Series:
Country Report No. 2006/107
Stock No:
1BFAEA2006001
ISBN:
9781451803877
ISSN:
1934-7685
