Burkina Faso: Staff Report for the 2011 Article IV Consultation and the Third Review Under the Extended Credit Facility: Staff...

Burkina Faso: Staff Report for the 2011 Article IV Consultation and the Third Review Under the Extended Credit Facility: Staff...
ISBN-10
1475505949
ISBN-13
9781475505948
Category
Business & Economics
Pages
114
Language
English
Published
2012-07-02
Publisher
International Monetary Fund
Author
International Monetary Fund

Description

This 2011 Article IV Consultation and the Third Review Under the Extended Credit Facility for Burkina Faso highlights that the authorities have maintained fiscal consolidation efforts while mitigating the impact of exogenous shocks. Executive Directors have welcomed the authorities’ sustained implementation of sound policies and structural reforms, which has contributed to robust economic growth, low inflation, and a broadly favorable external position. Directors have encouraged the authorities to maintain fiscal discipline within the context of a medium-term fiscal framework while increasing investment and social spending.

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