The International Monetary Fund has disbursed approximately $33.2 million to Burkina Faso following the completion of the fourth review of the country’s Extended Credit Facility arrangement.
The Fund also approved a separate $124.3 million package under a Resilience and Sustainability Facility, scheduled to run through September 2027. The program will focus on climate adaptation and strengthening agricultural systems.
The latest disbursement forms part of a 48-month program approved in September 2023. IMF officials said Burkina Faso’s economy has shown stability despite continued security pressures and humanitarian challenges in the Sahel.
Rising global gold prices and government-led reforms in the mining sector have boosted export earnings. As a result, the country’s external position has improved significantly. The IMF projects the current account will shift into surplus, reaching 1.1 percent of GDP in 2025 and 0.8 percent in 2026.
The administration of Captain Ibrahim Traoré has implemented changes aimed at strengthening oversight and returns in the mining industry. The IMF says these measures, alongside improved domestic revenue mobilization and tighter fiscal management, have helped contain inflation and maintain debt sustainability.
“Burkina Faso’s economy has proven resilient amid security and humanitarian challenges,” said Kenji Okamura.
The newly approved climate facility targets long-term structural risks. With roughly 80 percent of the population dependent on subsistence farming, the country remains highly exposed to droughts, floods, and shifting rainfall patterns. The funding is expected to support climate adaptation in agriculture and improve disaster risk financing.
However, the IMF noted that governance reforms remain incomplete. Six of eleven priority recommendations under its Governance Diagnostic Assessment have been implemented, including steps to strengthen transparency in mining license allocation.
The Fund projects economic growth of around 5 percent in 2026, but cautions that the outlook is closely tied to improvements in the domestic security environment.
Authorities have committed to reducing the fiscal deficit to 3.5 percent of GDP while safeguarding spending on health and social protection, a target that will be closely monitored by development partners and investors.