Burkina Faso: 2018 Article IV Consultation; First Review Under the Extended Credit Facility Arrangement; Request for Waiver for Nonobservance of a Performance Criterion, and Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso

International Monetary Fund

No 2019/015, IMF Staff Country Reports from International Monetary Fund

Abstract: Burkina Faso faces large social and physical infrastructure gaps, a deteriorating security situation, and unease among the rapidly-expanding population about economic prospects. Growth has been robust, averaging more than 6 percent over the past two years. Activity has been supported by expansionary fiscal policy, including from a boost to capital spending in 2017. Revenue has not increased as expected and the wage bill has been rising.

Keywords: ISCR; CR; center; IMF's Extended Credit Facility; authority; wage bill; public-sector compensation reform; security spending; executive board discussion; Burkina Faso's program; anti-corruption authority; Government debt management; Wages; West Africa; Global; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 128
Date: 2019-01-22
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