Burkina Faso: Selected Issues

International Monetary Fund

No 2008/169, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper assesses the link between public investment and economic growth in Burkina Faso. It also evaluates Burkina Faso's external competitiveness by using a comparison of REER to its equilibrium levels and a survey-based assessment of overall competitiveness. The report attempts to quantify the impact of rainfall and terms-of-trade shocks on the Burkinabe economy and draws policy measures to lessen external shocks. The report assesses that industrial mining has become a source of foreign exchange and government revenue, which requires transparent management and accountability.

Keywords: ISCR; CR; mining company; terms of trade shock; import price; custom official; public investment; import cost; phase permit holder; Public investment spending; Terms of trade; Real effective exchange rates; Mining sector; Export prices; Global; Africa; Middle East; North Africa (search for similar items in EconPapers)
Pages: 71
Date: 2008-05-28
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