The Golden Ticket: How Foreign Investments Finance the Education System: Proof from Burkina Faso

Porto Bazie and Alain Siri

Working Papers from African Economic Research Consortium

Abstract: The challenge of human capital development remains an interesting subject for developing countries, notably in Burkina Faso, as stipulated in the key objectives of the SDGs. Countries are struggling to achieve the objectives of inclusive and quality education in accordance with ordinance n 59-45 of 6th January 1959 on the compulsory right to education for children aged 6 to 16 years, and to spread that to tertiary levels. Education indicators have experienced a decrease. For example, the Gross Enrolment Rate experienced a decrease of 2.0 percentage points between 2019 and 2020, being placed at 47.3% and 49.3% in 2020/2021 and 2019/2020 respectively. The completion rate, which is at 36.7%, has experienced a decrease by 2.3 percentage points as compared to 2019/2020.

Date: 2024-04-05
Note: African Economic Research Consortium
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