Burkina Faso : Ex Post Assessment of Longer-Term Program Engagement-An Update.

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,...

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Détails bibliographiques
Collectivité auteur: International Monetary Fund. Finance Dept
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2013.
Collection:IMF Staff Country Reports; Country Report ; No. 2013/228
Accès en ligne:Full text available on IMF
Description
Résumé: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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Description matérielle:1 online resource (42 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Accès:Electronic access restricted to authorized BRAC University faculty, staff and students