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Burkina Faso: Sixth Review Under the Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria and Augmentation of Access

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  • International Monetary Fund

Abstract

Performance under the Poverty Reduction and Growth Facility-supported program has been good. All quantitative performance criteria have been met. The economy has coped well with unfavorable external price developments. A substantial reform of the mechanism for determining cotton producer prices is under way. The proposed new producer price mechanism for cotton is an improvement over the previous system. The maintenance of the fuel pricing mechanism, which ensures full pass-through of changes in world oil prices, and steps to privatize the state-owned telecommunication company are major accomplishments.

Suggested Citation

  • International Monetary Fund, 2006. "Burkina Faso: Sixth Review Under the Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria and Augmentation of Access," IMF Staff Country Reports 2006/359, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/359
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    Cited by:

    1. Cavalcanti, Carlos, 2007. "Reducing the transaction costs of development assistance Ghana's multi-donor budget support (MDBS) experience from 2003 to 2007," Policy Research Working Paper Series 4409, The World Bank.

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