Burkina Faso: 2018 Article IV Consultation; First Review Under the Extended Credit Facility Arrangement; Request for Waiver for Nonobservance of a Performance Criterion, and Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso
January 22, 2019
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Burkina Faso faces large social and physical infrastructure gaps, a deteriorating security situation, and unease among the rapidly-expanding population about economic prospects. Growth has been robust, averaging more than 6 percent over the past two years. Activity has been supported by expansionary fiscal policy, including from a boost to capital spending in 2017. Revenue has not increased as expected and the wage bill has been rising.
Subject: External debt, Government debt management, Labor, Public debt, Public financial management (PFM), Revenue administration, Wages
Keywords: anti-corruption authority, authority, Burkina Faso's program, center, CR, executive board discussion, Global, Government debt management, IMF's Extended Credit Facility, ISCR, public-sector compensation reform, security spending, Sub-Saharan Africa, wage bill, Wages, West Africa
Pages:
128
Volume:
2019
DOI:
Issue:
015
Series:
Country Report No. 2019/015
Stock No:
1BFAEA2019001
ISBN:
9781484394236
ISSN:
1934-7685
