Burkina Faso : Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso

Publication Date: August 11, 2011
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Summary: This study discusses how Burkina Faso’s economy recovered from the 2009 downturn. Recent economic and social developments used to overcome the 2009 downturn are explained. Discussions on fiscal policy and mitigating measures against exogenous shocks, external sector policies and reforms, and prospects for accelerated growth under the new Poverty Reduction Strategy Paper (PRSP) are focused in this paper. The performance of the program will be monitored by structural benchmarks and quantitative targets. Finally, the conclusion of the second Extended Credit Facility (ECF) review and medium-term policy was recommended by IMF staff.
Series: Country Report No. 11/226
Subject(s): Debt management | Debt sustainability | Economic indicators | Economic recovery | Extended Credit Facility | Fiscal reforms | Performance criteria modifications | Staff Reports

Notes Also available in French
Publication Date: August 11, 2011
ISBN/ISSN: 9781462344581/1934-7685 Format: Paper
Stock No: 1BFAEA2011001 Pages: 76
US$18.00 (Academic Rate:
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