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Burkina Faso : first review under the three-year arrangement under the extended credit facility and request for a waiver of nonobservance of performance criterion : staff report, press release on the Executive Board discussion, and statement by the Executive Director for Burkina Faso

Author: International Monetary Fund. African Department,
Publisher: Washington, D.C. : International Monetary Fund, ©2010.
Series: IMF country report, no. 10/361.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Economic recovery has gained momentum, and short-term prospects have improved. Program implementation is good. Fiscal consolidation is essential for Burkina Faso's macroeconomic stability and debt sustainability. Structural reforms remain focused on a few priority areas supporting growth and macroeconomic stability. Terms-of-trade and weather-related shocks are the main risks to the economic outlook. Executive  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: International Monetary Fund. African Department,
OCLC Number: 726198797
Notes: Title from PDF title page (IMF Web site, viewed May 11, 2011).
"December 2010."
Description: 1 online resource (74 pages).
Series Title: IMF country report, no. 10/361.
Other Titles: Burkina Faso, first review under the three-year arrangement under the extended credit facility
Responsibility: prepared by the African Dept.
More information:

Abstract:

Economic recovery has gained momentum, and short-term prospects have improved. Program implementation is good. Fiscal consolidation is essential for Burkina Faso's macroeconomic stability and debt sustainability. Structural reforms remain focused on a few priority areas supporting growth and macroeconomic stability. Terms-of-trade and weather-related shocks are the main risks to the economic outlook. Executive Directors commend the government for their commitment to sound policies and encourage them to proceed with the reform agenda. The government also needs to sustain revenue mobilization to improve fiscal sustainability.

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