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Burkina Faso: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso

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  • International Monetary Fund

Abstract

This study discusses how Burkina Faso’s economy recovered from the 2009 downturn. Recent economic and social developments used to overcome the 2009 downturn are explained. Discussions on fiscal policy and mitigating measures against exogenous shocks, external sector policies and reforms, and prospects for accelerated growth under the new Poverty Reduction Strategy Paper (PRSP) are focused in this paper. The performance of the program will be monitored by structural benchmarks and quantitative targets. Finally, the conclusion of the second Extended Credit Facility (ECF) review and medium-term policy was recommended by IMF staff.

Suggested Citation

  • International Monetary Fund, 2011. "Burkina Faso: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Press Release on the Executive Board," IMF Staff Country Reports 2011/226, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2011/226
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    Cited by:

    1. repec:wbk:wboper:16727 is not listed on IDEAS
    2. World Bank, 2013. "Burundi Public Expenditure Review : Strengthening Fiscal Resilience to Promote Government Effectiveness [République du Burundi - Burundi Revue des Dépenses Publiques - Renforcer l’efficacité des po," World Bank Publications - Reports 21283, The World Bank Group.
    3. International Monetary Fund, 2011. "Greece: Third Review Under the Stand-By Arrangement—Staff Report; Informational Annex; Press Release on the Executive Board Discussion; Statement by the Staff Representative on Greece; and Statement b," IMF Staff Country Reports 2011/068, International Monetary Fund.

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