Narrow Your Choices

Refine By Countries

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Political Science > Agriculture & Food Policy

You are looking at 1 - 10 of 12 items for :

  • Type: Journal Issue x
  • Burkina Faso x
Clear All Modify Search
Cover IMF Staff Country Reports
Burkina Faso: Selected Issues
International Monetary Fund. African Dept.
This Selected Issues paper highlights trends, impacts, and policy implications in Burkina Faso. Regional insecurity has also created increased cross-border displacement, both into and out of Burkina Faso. Burkina Faso has devised several policy responses, including in cooperation with international partners. Despite these measures, the persistent crisis of forced displacement means that the need for humanitarian assistance remains. A successful strategy for addressing the displacement crisis should be broad-based in terms of partners and approaches. Given the country's economic and financial challenges, an in-depth understanding is needed of the economic impact of forced displacement and possible solutions. In other countries, studies show positive economic outcomes to host regions of forced displacement. The inclusion of forced displaced persons in the Unified Social Register and national social nets programs would facilitate the implementation of assistance and, along with other national repositories help improve urban management and budget planning.
Keywords:
growth experience; C. socio-economic Impact; C. policy response; impact of climate change; agriculture productivity; Climate change; Productivity; Food security; Global; Sub-Saharan Africa
Cover IMF Staff Country Reports
Burkina Faso: 2024 Article IV Consultation and First Review Under the Extended Credit Facility and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso
International Monetary Fund. African Dept.
This paper focuses on Burkina Faso’s 2024 Article IV Consultation and First Review under the Extended Credit Facility Arrangement and Financing Assurances Review. Burkina Faso’s performance under the program has been positive. All quantitative performance criteria, all indicative targets but one, and most structural benchmarks for the first review were met; some structural benchmarks were implemented with delay. Burkina Faso faces multiple development challenges, including heightened security conditions, climate change, and food insecurity. The authorities are progressing in their fiscal consolidation efforts, structural reforms and fiscal governance measures, and the creation of fiscal space for priority spending. Growth accelerated in 2023 to 3.6 percent of gross domestic product, supported by a rebound in construction and expansion of the tertiary sector. Inflation significantly decreased, and the fiscal and debt positions improved. Growth is projected at 5.5 percent in 2024 but remains below potential in the medium term, and a lasting recovery is contingent on bringing security under control.
Keywords:
consultation cycle; HIPC resource; investment expenditure budgeting; SDR equivalent; appreciation to IMF management; Debt sustainability; Food security; Global; Africa
Cover IMF Working Papers
Adding Fuel to the Fire: How Weather Shocks Intensify Conflict
Sidra Rehman
and
Laura Jaramillo
Do weather shocks worsen conflict around the world? To answer this question, this paper uses an innovative dataset created by using georeferencing to match weather and conflict data at the subregional level on a monthly frequency across 168 countries over 2013 to 2022.The empirical results show that higher temperature exacerbate conflict where it already exists. Estimations indicate that, in a high emissions scenario and all else equal, by 2060 conflict deaths as a share of the population for a median country facing conflict could increase by 12.3 percent due to rising temperatures. These findings underscore the importance of integrating climate resilience into peace and security efforts and designing climate adaptation policies that support conflict prevention and resolution.
Keywords:
conflict; temperature; precipitation; climate change; weather shock; conflict intensity; IMF working paper No. 24/112; impact of weather; precipitation shock; Natural disasters; Food security; East Africa; Middle East
Cover Selected Issues Papers
Climate Change in the WAEMU: Trends, Macro-criticality and Options Going Forward
Can Sever
This paper focuses on the trends in climate change in the WAEMU, assesses the criticality of climate change for the region, and reviews the related policy and financing options going forward. Climate change has been increasingly affecting the lives and livelihoods in the WAEMU. Temperatures have risen significantly, and climate-related disasters have hit the region more frequently in recent decades. Climate change can exacerbate the current challenges and hinder long-term economic prospects by threatening economic growth, food security, fiscal and external sustainability, and social outcomes in the region. Macroeconomic policies, structural reforms and cooperation among different parties remain critical alongside regional efforts, in particular to have access to necessary financing and bolster adaptation efforts.
Keywords:
WAEMU; climate change; climate-related disasters; climate adaptation; climate finance; financing option; climate change in the WAEMU; A. climate trend; C. climate adaption; WAEMU population; Agricultural commodities; Food security; Sub-Saharan Africa; Global
Cover IMF Staff Country Reports
Burkina Faso: demande d’un nouvel accord économique et financier au titre du mécanisme élargi de crédit et de la facilité élargie de crédit-communiqué de presse; rapport des services du FMI; déclaration de l’administrateur FMI pour le Burkina Faso
International Monetary Fund. African Dept.
Le Burkina Faso est confronté à d’importants besoins en matière de balance des paiements et de sécurité aggravés par une insécurité alimentaire aiguë et une instabilité politique. Les autorités ont obtenu en mars 2023 un financement d’urgence de la part du FMI au titre du guichet « chocs alimentaires » de la facilité de crédit rapide pour répondre à la crise provoquée par l’insécurité alimentaire, qui demeure très vive dans certaines régions. L’aide internationale au développement a diminué après les deux coups d’État militaires survenus en 2022. Le Burkina Faso est parvenu à un accord avec la Communauté économique des États d’Afrique de l’Ouest (CEDEAO) sur un retour à l’ordre constitutionnel et des élections doivent se dérouler d’ici juillet 2024.
Keywords:
crise de l’insécurité alimentaire; la mise en œuvre de l’intervention d’urgence alimentaire; la mise en œuvre par les autorités; les dépenses alimentaires d’urgence; déficit de financement; Viabilité de la dette; Planification et préparation du budget; Global
Cover IMF Working Papers
Fraying Threads: Exclusion and Conflict in Sub-Saharan Africa
Hany Abdel-Latif
and
Mahmoud El-Gamal
This study investigates the factors leading to exclusion and their detrimental impacts in sub-Saharan Africa (SSA). It employs two-levels of analysis: a macro-level estimation of the influence of exclusion and marginalization on violent conflict, and a micro-level investigation identifying the triggers of exclusion sentiments. We construct statistical summaries from multiple measures of exclusion, producing an overall exclusion index as well as social, economic, and political exclusion sub-indices. Our results show the importance of mitigating exclusion and marginalization within SSA nations, and pinpoint the most effective policy levers that governments may use to minimize destabilizing feelings of exclusion.
Keywords:
Sub-Saharan Africa; Conflict; Social exclusion; Political exclusion; Economic exclusion; exclusion sentiment; IMF working paper No. 24/4; policy lever; conflict in Sub-Saharan Africa; growth effort; Financial soundness indicators; Food security; Climate change
Cover IMF Staff Country Reports
Burkina Faso: Request for a Four-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso
International Monetary Fund. African Dept.
This paper discusses Burkina Faso’s Request for a Four-Year Arrangement Under the Extended Credit Facility (ECF). Burkina Faso faces protracted balance of payments problems, reflecting large development needs and the impact of shocks such as the coronavirus disease 2019 pandemic, adverse weather conditions, deteriorating domestic security, the food insecurity crisis, and spillovers from Russia’s war in Ukraine. These shocks have disrupted economic activity, affected livelihoods, and exacerbated macroeconomic imbalances. The ECF will help create fiscal space for priority spending, strengthen resilience to shocks while reducing poverty, and bolster fiscal discipline, transparency and governance. It will also help close financing gaps reflecting tight financial conditions, large fiscal deficits, debt vulnerabilities, food insecurity, and fragile security conditions. For the country’s long-term development process, it remains essential to sustain structural reforms to foster economic growth and diversification as well as to reduce poverty. In this context, further efforts to improve the business environment, reinforce governance and anticorruption efforts, and address the security crisis are critical.
Keywords:
food insecurity crisis; implementation of the food emergency response; authorities' implementation; emergency food expenditure; financing gap; Debt sustainability; Budget planning and preparation; Global
Cover Policy Papers
Review of Experience with The Food Shock Window Under The Rapid Financing Instrument and The Rapid Credit Facility
International Monetary Fund. Finance Dept.
,
International Monetary Fund. Legal Dept.
, and
International Monetary Fund. Strategy, Policy, & Review Department
The Food Shock Window (FSW) under the Rapid Credit Facility (RCF) and the Rapid Financing Instrument (RFI) was approved in September 2022 for 12 months, as a complement to the tools used by the Fund to support the broader international effort to address the global food shock. The Fund has been working closely with partners to provide a coordinated international response to the global food shock, and has contributed through policy advice, technical assistance and lending. Where needed and possible, financial support to countries affected by the global food shock has been delivered by the IMF through multi-year Fund-supported programs The FSW complemented this support in situations where these programs were not feasible or not necessary. As the global food shock and associated balance of payment pressures are expected to continue throughout 2023, the IMF extended the FSW until end-March 2024 to allow the FSW to continue serving as a contingency tool. This extension will also provide sufficient time to observe if the FSW can lapse without limiting the capacity of the Fund to support its members. To ensure adequate borrowing space under the emergency financing limits for those countries that have received support through the FSW, the IMF also extended the additional 25 percent of quota added to the Cumulative Access Limit until end-2026 for countries that have accessed the Food Shock Window through the RFI and until the completion of the 2024/25 PRGT review for those that accessed the Food Shock Window through the RCF.
Keywords:
Cumulative Access Limits; Rapid Financing Instrument; Rapid Credit Facility; Food Insecurity; FSW request; FSW financing; UCT-quality program; FSW relative; FSW experience; FSW resource; Food security; Food prices; Emergency assistance; Balance of payments need; Global
Cover IMF Staff Country Reports
Burkina Faso: Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Burkina Faso
International Monetary Fund. African Dept.
The paper presents Burkina Faso’s Request for Disbursement under the Rapid Credit Facility (RCF). This emergency financing under the Food Shock Window will help Burkina Faso address urgent balance of payment needs related to the global food crisis and mitigate the impact of the food shock on the most vulnerable. The authorities’ crisis response appropriately focuses on providing immediate food assistance to affected households, preventing malnutrition and improving drinking water supply, and protecting livestock and animal husbandry. The plans to prepare progress reports and audits on the implementation of the cash transfer program and all food emergency spending are important. Identification and publication of the beneficial owners of entities awarded public procurement contracts related to measures to address the food crisis would be key. The post-coronavirus disease 2019 economic recovery was disrupted by deteriorating security conditions, political uncertainty, and rising foodstuff prices because of Russia’s war in Ukraine, worsening the ongoing food crisis and weighing on the budget. Economic recovery in 2023 will depend on financing conditions, the security situation, and on efforts to mobilize domestic revenues to ensure priority public expenditure and public debt sustainability.
Keywords:
staff appraisal; NPV terms; HIPC initiative legacy; arrears from Burkina Faso; IMF team; Food security; Debt sustainability; Credit; Global; West Africa
Cover IMF Staff Country Reports
Burkina Faso: Fifth 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
International Monetary Fund. African Dept.
The number of Malian refugees in Burkina Faso has increased, but the government’s contribution remains in line with earlier estimates. Growth for 2012 has been revised upward to 8 percent. The overall fiscal deficit is significantly lower than anticipated. The current account is expected to improve next year. There is significant improvement in revenue collection. The authorities are stepping up efforts to improve resilience to shocks. Efforts are under way to improve debt management capacity. The mining taxation regime needs to rebalance the interests of investors.
Keywords:
ISCR; CR; ECF arrangement; program; priority investment spending; macroeconomic performance; revenue; IMF's executive board; investment spending; Food security; Gold; Agricultural commodities; Mining sector; West Africa; Sub-Saharan Africa; Global