Burkina Faso : Staff Report for the 2011 Article IV Consultation and the Third Review Under the Extended Credit Facility: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/158

IMF Staff Country Reports

Language:

English

Subjects (All):

Poverty--Burkina Faso.

Poverty.

Burkina Faso--Economic conditions.

Burkina Faso.

Physical Description:

1 online resource (115 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

This 2011 Article IV Consultation and the Third Review Under the Extended Credit Facility for Burkina Faso highlights that the authorities have maintained fiscal consolidation efforts while mitigating the impact of exogenous shocks. Executive Directors have welcomed the authorities’ sustained implementation of sound policies and structural reforms, which has contributed to robust economic growth, low inflation, and a broadly favorable external position. Directors have encouraged the authorities to maintain fiscal discipline within the context of a medium-term fiscal framework while increasing investment and social spending.

Contents:

Cover; Contents; Acronyms; Executive Summary; I. Introduction; II. Overview and Surveillance Issues; A. Strong Growth despite a Narrow Productive Base; Boxes; 1. Status of Policy Recommendations from the 2009 Article IV Consultation; B. Inflation Is Moderate; C. External Position-Vulnerability to Exogenous Shocks; D. The Financial Sector-Sound with Shallow Financial Intermediation; 2. Recent Developments in the Financial Sector; 3. Progress in Implementation of Key 2008 FSAP Recommendations; E. Fiscal Policy-Sustained Consolidation Efforts; III. Medium-Term Outlook

4. Mining Sector DevelopmentsIV. Policy Discussions; A. Supporting Fiscal Sustainability; B. Strengthening Debt Policy and Management Capacity; Figures; 1. Indicators of Public and Publicly Guaranteed External Debt Under Alternative Scenarios, 2011-2031; C. Enhancing Growth Prospects; D. Improving Social Policies; 2. Burkina Faso and Sub-Saharan Africa-Doing Business Indicator Rankings; 3. Selected Millennium Development Goals Indicators; V. Program Performance and Policy for the Rest of 2011-12; VI. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2008-16

2. Balance of Payments, 2008-163. Monetary Survey, 2008-16; 4. Consolidated Operations of the Central Government, 2008-16; 5. Indicators of Capacity to Repay the Fund, 2009-19; 6. Schedule of Disbursements Under the ECF Arrangement, 2010-13; 7. Poverty-Reducing Social Expenditures, 2001-11; 8. Selected Indicators on Millennium Goals, 1990-2008; Appendices; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies for 2010-13; Attachment II. Technical Memorandum of Understanding; II. Exchange Rate Assessment

III. Public Investment Scaling-Up, Growth and Debt Sustainability in Burkina FasoContents; I. Relations with the Fund; II. Joint Management Action Plan (JMAP) Implementation; III. Statistical Issues

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9781475553680

1475553684

9781475572704

1475572700