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This study discusses how Burkina Faso’s economy recovered from the 2009 downturn. Recent economic and social developments used to overcome the 2009 downturn are explained. Discussions on fiscal policy and mitigating measures against exogenous shocks, external sector policies and reforms, and prospects for accelerated growth under the new Poverty Reduction Strategy Paper (PRSP) are focused in this paper. The performance of the program will be monitored by structural benchmarks and quantitative targets. Finally, the conclusion of the second Extended Credit Facility (ECF) review and medium-term policy was recommended by IMF staff.

Economic indicators --- Debts, External --- Debts, Foreign --- Debts, International --- External debts --- Foreign debts --- International debts --- Debt --- International finance --- Investments, Foreign --- Business indicators --- Indicators, Business --- Indicators, Economic --- Leading indicators --- Economic history --- Quality of life --- Economic forecasting --- Index numbers (Economics) --- Social indicators --- Burkina Faso --- Bourkina --- Bourkina Fasso --- Burkina --- Burḳinah Faso --- Burukina Faso --- Burukinafaso --- Gouvernement du Burkina Faso --- République démocratique du Burkina Faso --- בורקינה פסו‏ --- ブルキナファソ --- Upper Volta --- Economic conditions. --- Economic policy. --- Public Finance --- Statistics --- Taxation --- Industries: Financial Services --- Social Services and Welfare --- Macroeconomics --- National Government Expenditures and Related Policies: General --- Taxation, Subsidies, and Revenue: General --- Government Policy --- Provision and Effects of Welfare Program --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- Fiscal Policy --- Public finance & taxation --- Social welfare & social services --- Econometrics & economic statistics --- Finance --- Expenditure --- Public financial management (PFM) --- Current spending --- Capital spending --- Revenue administration --- Tax administration core functions --- Expenditures, Public --- Finance, Public --- Poverty --- Capital investments --- Revenue --- Tax administration and procedure