The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This annual progress report reviews Burkina Faso's Poverty Reduction Strategy Papers (PRSPs). The regional integration dynamics was considered as an action variable that allowed Burkina Faso to better insert itself into the global economy. The major quantitative objectives of the revised PRSP are to increase per capita GDP by at least 4 percent starting in 2004, to reduce the incidence of poverty to less than 35 percent by 2015, and to increase life expectancy to at least 60 years by 2015. Burkina Faso's performance regarding the implementation of the macroeconomic program remains overall satisfactory.