Burkina Faso: Recent Economic Developments

International Monetary Fund

No 1998/065, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments on Burkina Faso during 1994–98. Real GDP growth increased sharply following the 1994 CFA franc devaluation from an average of 0.8 percent in 1992–93 to an average of 4.2 percent in 1994–97. As a result, the decline in real terms of GDP per capita was reversed. In the mining sector, value added is estimated to have increased by about 10 percent in 1997, but official production of gold remains significantly below the level before 1994.

Keywords: ISCR; CR; government; CFA franc; CFAF; poverty line; Burkina Faso government; money stock; savings and loan; primary sector; Burkinabè household outlay; B. expenditure development; low income; Income; Public expenditure review; Agricultural commodities; West Africa (search for similar items in EconPapers)
Pages: 98
Date: 1998-09-05
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