Burkina Faso: Staff Report for the 2000 Article IV Consultation and First Review Under the Poverty Reduction and Growth Facility

Burkina Faso's sustained adjustment effort has been supported by the IMF under successive programs since 1991. Macroeconomic performance was favorable in 1999. Monetary policy is conducted at the regional level by the Central Bank for West African States and remained prudent. In 1999 and early 2000, the Burkinabe authorities strengthened the implementation of structural reforms, in particular as regards the civil service, the cotton sector, and the liberalization of the telecommunications sector. Executive Directors stressed the importance of reforms to strengthen the competitiveness of the economy.
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Volume/Issue: Volume 2000 Issue 086
Publication date: August 2000
ISBN: 9781451803662
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Business and Economics , Political Science , Exports and Imports , Money and Monetary Policy , Public Finance , Public Policy - Social Services and Welfare , ISCR , CR , government , deficit , PRSP , reform , authority , revenue objective , government outlay , gross investment , government saving , wage bill , cotton production , IMF's assessment , IMF to the public , Poverty reduction strategy , Agricultural commodities , Credit , Poverty reduction , West Africa

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Summary

Burkina Faso's sustained adjustment effort has been supported by the IMF under successive programs since 1991. Macroeconomic performance was favorable in 1999. Monetary policy is conducted at the regional level by the Central Bank for West African States and remained prudent. In 1999 and early 2000, the Burkinabe authorities strengthened the implementation of structural reforms, in particular as regards the civil service, the cotton sector, and the liberalization of the telecommunications sector. Executive Directors stressed the importance of reforms to strengthen the competitiveness of the economy.

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