Cover IMF Staff Country Reports
Burkina Faso: Recent Economic Developments
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2000: Issue 103
Language:
English
Publication Date:
22 Aug 2000
DOI:
https://doi.org/10.5089/9781451803716.002
ISBN:
9781451803716
ISSN:
1934-7685
Pages:
76
Keywords:
ISCR; CR; enterprise; production; money stock; investment; proceeds; CFA franc; interest rate; debt service; current account; restructuring program; Agricultural commodities; Tariffs; Public investment spending; Health care spending; West Africa
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During most of the 1980s, Burkina Faso followed a development strategy based on central planning and pervasive controls that resulted in large macroeconomic imbalances. The consumer price index in Burkina Faso is influenced not only by the supply of domestically produced foodstuff, mainly cereals, but also by the fixed exchange rate regime. Monetary policy is conducted within the framework of the West African Economic and Monetary Union. The reform strategy has revived the cotton sector. Both transportation and labor costs have been reduced for the cotton sector.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2000: Issue 103