Burkina Faso Staff Report For The Article Iv Consultation And Review Under The Poverty Reduction And Growth Facility PDF Download

As required under Article IV of its Articles of Agreement, the International Monetary Fund (IMF) conducts periodic consultations with its member countries. This IMF Staff Report for the 2000 Article IV consultation with Burkina Faso concludes that economic growth continued to be strong in 1999, at an estimated 5.8 per cent, and was spurred by buoyant activity in construction, manufacturing and services, supported by a large public investment programme. Real GDP is projected to grow by 5.7 per cent on the basis of a recovery in cotton production and continued strength in public investment. The incidence of poverty remains high and the social indicators very weak. It is important that the poverty reduction strategy in preparation includes strong action plans directed at improving social indicators and reinforcing income-generating activities of the more vulnerable groups.