This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Burkina Faso and the IMF. Additional information can be found on Burkina Faso and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Burkina Faso.
At a Glance
- Current IMF membership: 189 countries
- Burkina Faso joined the Fund in May 2, 1963; accepted Article VIII in June 1996
- Total Quotas: SDR 60.20 Million (As of September 30, 2009)
- Loans outstanding: PRGF Arrangements SDR 36.26 Million
- Burkina Faso: Request for a Three-Year Arrangement Under the Extended Credit Facility - Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso: July 8, 2010
By Antoinette M. Sayeh
October 31, 2013
A Newsletter of the IMF on Low-income countries; November 2012
November 7, 2012
The International Monetary Fund (IMF) today released the May 2011 Regional Economic Outlook: Sub-Saharan Africa. Ms. Antoinette Monsio Sayeh, Director of the IMF's African Department commented on the report's main findings:
May 16, 2011
With world recovery under way, Africa faces the twin challenges of reviving strong growth and reinforcing resilience to the economic shocks that regularly batter the continent, IMF officials say as Managing Director Dominique Strauss-Kahn embarks on a three-country visit to the region.
March 5, 2010
Dans un entretien avec le Bulletin du FMI en ligne, Mme Antoinette Sayeh, directrice du Département Afrique, a expliqué que depuis quelques années, l’Afrique a fait preuve d’une plus grande ouverture à l’initiative privée. Comme par ailleurs le climat des affaires est devenu plus attrayant, les investissements étrangers sont restés abondants.
March 5, 2010
IMF's Work on Burkina Faso
September 14, 2016
Author/Editor: Montfort Mlachila ; Ahmat Jidoud ; Monique Newiak ; Bozena Radzewicz-Bak ; Misa Takebe
Series: African Departmental Paper No.16/5
August 24, 2016
Author/Editor: Tetsuya Konuki ; Mauricio Villafuerte
July 8, 2016
Author/Editor: Robert Dippelsman ; Venkat Josyula ; Eric Métreau
Series: Working Paper No. 16/133
Burkina Faso : Fourth and Fifth Reviews Under the Extended Credit Facility and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso
June 16, 2016
Series: Country Report No. 16/173
Notes: Also Available in French
June 13, 2016
Regional Economic Outlook
After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks—the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa. Growth fell in 2015 to its lowest level in some 15 years and is expected to slow further to 3 percent in 2016. The growth performance, however, differs across countries, with most oil importers faring reasonably well. The region’s medium-term prospects remain favorable but many countries urgently need to reset their policies to reinvigorate growth and realize this potential. To this end, countries should adjust fiscal policies, and for those outside monetary unions, exchange rate flexibility, as part of a wider policy package, should also generally be part of the first line of defense. In the medium term, policies targeted at diversification and financial sector development could also strengthen resilience and boost growth.
Departmental Papers on Africa
The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.