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Burkina Faso : ex post assessment of longer-term program engagement, an update.

Author: David Corvino; International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, ©2013.
Series: IMF country report, no. 13/228.
Edition/Format:   eBook : Document : International government publication : English
Summary:
This paper discusses Burkina Faso's ex-post assessment of longer-term program engagement. Economic growth has fluctuated above regional standards, averaging 5.3 percent between 2007 and 2012. The improvements in the agricultural sector, as a result of authorities' strong push for reforms, and investments in the sector, mitigated the impact of unfavorable weather conditions. Authorities responded to high commodity  Read more...
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Details

Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: David Corvino; International Monetary Fund.
OCLC Number: 854588936
Notes: Title from PDF title page (IMF Web site, viewed July 29, 2013).
Prepared by David Corvino [and three others].
"July 2013."
"June 14, 2013."
Description: 1 online resource (42 pages) : color illustrations.
Series Title: IMF country report, no. 13/228.

Abstract:

This paper discusses Burkina Faso's ex-post assessment of longer-term program engagement. Economic growth has fluctuated above regional standards, averaging 5.3 percent between 2007 and 2012. The improvements in the agricultural sector, as a result of authorities' strong push for reforms, and investments in the sector, mitigated the impact of unfavorable weather conditions. Authorities responded to high commodity price pressure with temporary exemption from custom fees, value-added tax on basic products, sales of food at below market prices, and suspension of the automatic oil price mechanism. Inflation has remained generally low since 2010, despite food shortages caused by the drought in 2011.

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