Following the fourth review of the Extended Credit Facility (ECF) arrangement, the International Monetary Fund (IMF) reaffirmed its confidence in Burkina Faso. This positive assessment is reflected in the immediate disbursement of approximately $33.2 million to support the national economy.

A praised economic resilience

Despite a complex security and humanitarian context, the country's macroeconomic indicators show remarkable strength. Kenji Okamura, Deputy Managing Director of the IMF, highlighted several strengths:

1. Budgetary control: Rigorous management to keep debt on a sustainable trajectory.
2. Inflation control: The rate fell to -0.5% in 2025 , driven by lower food prices.
3. Governance: An improvement in the mobilization of public revenue.

Performance in line with objectives

The Burkinabe authorities have met almost all of the criteria set for 2025. The few discrepancies recorded (indicative targets and VAT arrears) remain minimal, representing less than 0.1% of GDP .

Growth and outlook: Gold as an engine

Burkina Faso's economy is accelerating. Driven by rising gold prices and the dynamism of artisanal mining, growth reached 5.0% in 2025 (compared to 4.8% in 2024).

Medium-term forecasts: The IMF forecasts stable growth between 4.5% and 5.0% , conditional on the evolution of the security situation.

The priorities of the new funding

The $33.2 million allocation will not be used solely for budget balancing. It targets strategic sectors for the population:

Sector	Objectives
Agriculture	Support subsistence farming (80% of the population) and reduce dependence on imports.
Social	Preserve the budgets allocated to health , education and social protection.
Resilience	Funding agricultural adaptation and climate disaster risk management.

Recommendations for the future

To ensure the sustainability of these achievements, the IMF encourages Burkina Faso to:

1. Promote the growth of the private sector .
2. Protecting oneself against commodity price volatility.
3. Continue fiscal consolidation while protecting the most vulnerable segments of society.