Our Burkinabe authorities are thankful to Management and staff for Fund’s continued program engagement with Burkina Faso as well as the constructive policy discussions that have been maintained with them. The staff report gives a good account of these discussions, which focused on addressing the countries’ infrastructure investment needs to foster higher growth and structural transformation of the economy.
The Burkinabe authorities have continued to implement their Fund-supported program satisfactorily amid a challenging domestic and external context. All end-June 2016 quantitative performance criteria and indicative benchmarks were met, most by wide margins. At the same time, most of the structural benchmarks were met. This continued progress shows the authorities’ commitment to maintain macroeconomic stability and strengthen the foundations of growth in accordance with the national development plan.