Burkina Faso : Request for a Three-Year Arrangement Under the Extended Credit Facility.

This paper discusses Burkina Faso's Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The program aims to maintain macroeconomic stability while promoting sustainable and inclusive growth. Under the program, fiscal space for priority security, social, and investment...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Staff Country Reports; Country Report ; No. 2018/081
Online Access:Full text available on IMF
Description
Summary:This paper discusses Burkina Faso's Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The program aims to maintain macroeconomic stability while promoting sustainable and inclusive growth. Under the program, fiscal space for priority security, social, and investment spending would be supported by strengthening revenue mobilization and containing current spending, especially on wages. Efforts to improve investment selection and execution would achieve more with the resources available. Prudent public financial and debt management along with energy sector reforms would ensure fiscal sustainability and mitigate fiscal risks. Structural reforms would improve the business environment and promote diversification. The IMF staff supports the authorities' request for an ECF arrangement.
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Physical Description:1 online resource (90 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students