Download or read book Burkina Faso written by Thomas Krueger and published by . This book was released on 2009 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Burkina Faso Third Review Under the Three Year Arrangement Under the Poverty Reduction and Growth Facility Staff Report Press Release on the Executive Board Discussion written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2009-02-03 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents Burkina Faso's third review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility. Favorable weather augurs well for a rebound in agricultural production, but real GDP growth is expected to remain below trend in the near term. A good harvest would contribute to an easing of inflation pressures, supported by lower international oil and food prices. Domestic supply will largely determine developments in 2009. The main risks relate to further deterioration of the external environment, especially indirect effects of the global financial turmoil.
Download or read book Burkina Faso written by and published by . This book was released on 2009 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Burkina Faso written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-04-07 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Performance under the program has been satisfactory. Real GDP growth is higher than estimated owing to substantially higher than projected agricultural production. Burkina Faso continues to depend heavily on external assistance and on cotton exports, and is highly vulnerable to terms-of-trade fluctuations and the volatility of aid flows. The government’s continued resolve to strengthen transparency in public finance management, promote good governance, and combat corruption has been commended. The poverty reduction strategy program should take account of the revised macroeconomic framework.
Download or read book Burkina Faso Second and Third Reviews Under the Three Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria and Extension of Commitment Period Staff Report Press Releases on the Executive Board Discussion and Statement by the Executive Director for Burkina Faso written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-03-11 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Burkina Faso's Second and Third Reviews Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria are examined. Fiscal policy for 2005 aims at preserving social sector outlays while ensuring that the external debt burden falls. Structural reforms are the key to achieving higher rates of economic growth and sustained poverty reduction, and the authorities place particular emphasis on reforms in the public utilities.
Download or read book Burkina Faso written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2008-07-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility for Burkina Faso. All quantitative performance criteria (PC) were met. The indicative floor on social expenditures was not achieved, mainly because of capacity weaknesses in implementing capital expenditures. The implementation of the tax and customs administration agenda was broadly in line with the program. IMF staff supports the authorities’ request for a waiver for the nonobservance of a continuous structural PC on sending notification letters within one week to late and nonfilers of tax returns.
Download or read book Burkina Faso Fourth Review Under the Three Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Modification of Performance Criteria Staff Report Staff Supplement Press Release on the Executive Board Discussion and Statement by the Executive Director for Burkina Faso written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2009-07-28 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on the Fourth Review for Burkina Faso under the Poverty Reduction and Growth Facility program. All quantitative performance criteria were met, notably the targets for the fiscal deficit, revenues, and social expenditure. The authorities reiterated their commitment to reforming tax policy. Despite progress on preparation, some delays have occurred because of delays in delivery of technical assistance, inadequate domestic capacity, and the challenging external context. The priority for 2009 is to sustain the reform momentum in a difficult environment.
Download or read book Burkina Faso Fifth Review Under the Three Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Extension of Commitment Period written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2006-03-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The staff report for the Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on Burkina Faso highlights the macroeconomic framework for 2006 and the fiscal policy. Discussions on the macroeconomic framework for 2006 focused on the permanence of the record 2005/06 harvest. The authorities welcomed the debt relief provided under the Multilateral Debt Relief Initiative (MDRI), and indicated that they would use the additional resources to increase spending in priority social and infrastructure programs.
Download or read book Burkina Faso written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-07-08 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Performance under the last ECF-supported program was broadly satisfactory. The government has prepared a medium-term policy framework to consolidate recent progress, and enhance growth prospects and poverty reduction efforts. Burkina Faso’s risk of debt distress is high. Executive Directors suggest maintaining prudent borrowing policies. There are risks to the program, mostly linked to the economy’s vulnerability to weather related and terms-of-trade shocks. Burkina Faso has a good track record of policy and reform implementation in areas critical for macroeconomic stability and growth.
Download or read book Burkina Faso written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-12-15 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Burkina Faso written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Burkina Faso written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-03-11 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Burkina Faso’s Second and Third Reviews Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria are examined. Fiscal policy for 2005 aims at preserving social sector outlays while ensuring that the external debt burden falls. Structural reforms are the key to achieving higher rates of economic growth and sustained poverty reduction, and the authorities place particular emphasis on reforms in the public utilities.
Download or read book Burkina Faso Second and Third Reviews Under the Three year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria and Extension of Commitment Period written by Thomas Krueger and published by . This book was released on 2005 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Burkina Faso written by and published by . This book was released on 2005 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Burkina Faso written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-01-25 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The number of Malian refugees in Burkina Faso has increased, but the government’s contribution remains in line with earlier estimates. Growth for 2012 has been revised upward to 8 percent. The overall fiscal deficit is significantly lower than anticipated. The current account is expected to improve next year. There is significant improvement in revenue collection. The authorities are stepping up efforts to improve resilience to shocks. Efforts are under way to improve debt management capacity. The mining taxation regime needs to rebalance the interests of investors.
Download or read book Burkina Faso Request for a Three Year Arrangement Under the Poverty Reduction and Growth Facility Staff Report Press Release on the Executive Board Discussion and Statement by the Executive Director for Burkina Faso written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2007-05-09 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Burkina Faso's request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility is discussed. The proposed new Poverty Reduction and Growth Facility (PRGF) program would help anchor macroeconomic stability and support Burkina Faso's poverty reduction and growth strategy. Macroeconomic performance under the previous PRGF arrangement has been good. Average real GDP growth has been above 6 percent, inflation has been low and stable, and the current account has improved. Increasing domestic revenues would create fiscal space for poverty-reducing expenditures while keeping debt sustainable.
Download or read book Burkina Faso written by International Monetary Fund and published by . This book was released on 2011-08-11 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study discusses how Burkina Faso’s economy recovered from the 2009 downturn. Recent economic and social developments used to overcome the 2009 downturn are explained. Discussions on fiscal policy and mitigating measures against exogenous shocks, external sector policies and reforms, and prospects for accelerated growth under the new Poverty Reduction Strategy Paper (PRSP) are focused in this paper. The performance of the program will be monitored by structural benchmarks and quantitative targets. Finally, the conclusion of the second Extended Credit Facility (ECF) review and medium-term policy was recommended by IMF staff.
