LEADER 04668nam 2200637 450 001 9910458665703321 005 20200520144314.0 010 $a1-4983-5482-3 010 $a1-4983-6143-9 010 $a1-4843-5555-5 035 $a(CKB)2550000001345652 035 $a(EBL)1770292 035 $a(OCoLC)888748772 035 $a(SSID)ssj0001398968 035 $a(PQKBManifestationID)11776920 035 $a(PQKBTitleCode)TC0001398968 035 $a(PQKBWorkID)11446807 035 $a(PQKB)10312091 035 $a(MiAaPQ)EBC1770292 035 $a(Au-PeEL)EBL1770292 035 $a(CaPaEBR)ebr10913247 035 $a(CaONFJC)MIL638358 035 $a(EXLCZ)992550000001345652 100 $a20140827h20142014 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aBurkina Faso $estaff report for 2014 article 4 consultation, first review under the three-year arrangement under the extended credit facility, and request for waiver and modification of performance criteria-staff report; press release; and statement by the executive director for Burkina Faso 210 1$aWashington, District of Columbia :$cInternational Monetary Fund,$d2014. 210 4$dİ2014 215 $a1 online resource (104 p.) 225 1 $aIMF Country Report ;$v14/215 300 $aDescription based upon print version of record. 311 $a1-4983-2936-5 311 $a1-322-07107-1 327 $a""Cover""; ""CONTENTS""; ""LIST OF ACRONYMS""; ""RECENT DEVELOPMENTS AND PROGRAM PERFORMANCE""; ""A. Recent Developments""; ""B. Program Performance""; ""BACKGROUND FOR ARTICLE IV DISCUSSIONS""; ""POLICY DISCUSSIONS""; ""A. Near Term Fiscal Policy""; ""B. Containing Fiscal Liabilities from Public Enterprises""; ""C. Harnessing Natural Resource Revenues to Finance Development""; ""D. Supporting Inclusive Growth""; ""OUTLOOK AND PROGRAM RISKS""; ""A. Medium-Term Projections and Fiscal Policy""; ""B. An Alternative Low Growth Scenario""; ""C. Program Risks""; ""PROGRAM MODALITIES"" 327 $a""STAFF APPRAISAL""""BOXES""; ""1. Status of Policy Recommendations from the 2011 Article IV Consultation""; ""2. Strategy for Accelerated Growth and Durable Development""; ""3. Implicit Subsidies to the Energy Sector, A Stock Taking of Actual Costs in 2013""; ""4. Electricity Supply: a Long Way to Close the Gap""; ""FIGURES""; ""1. Recent Economic Developments""; ""2. Real and External Developments, 2006a???013""; ""3. Fiscal Developments, 2008a???13""; ""TABLES""; ""1. Selected Economic and Financial Indicators, 2012a???16"" 327 $a""2a. Consolidated Operations of the Central Government, 2012a???16 (CFAF Billions)""""2b. Consolidated Operations of the Central Government, 2012a???16 (Percent of GDP)""; ""3. Monetary Survey, 2012a???16""; ""4. Balance of Payments, 2012a???16""; ""5. Quantitative Performance Criteria and Indicative Targets December 2013a???March 2015""; ""6. Structural Benchmarks for the 1[sup(st)] ECF Review""; ""7. Schedule of Disbursements Under Current ECF Arrangements 2014a???16""; ""8. Risk Assessment Matrix""; ""9. Indicators of Capacity to Repay the Fund, 2013a???25""; ""APPENDIX"" 327 $a""I. Letter of Intent""""Attachment I. Memorandum of Economic and Financial Policies 2014a???16""; ""Attachment II. Technical Memorandum of Understanding""; ""ANNEX""; ""I. External Stability Assessment""; ""CONTENTS""; ""RELATIONS WITH THE FUND""; ""JOINT MANAGEMENT ACTION PLAN IMPLEMENTATION""; ""STATISTICAL ISSUES"" 330 $aEXECUTIVE SUMMARYGrowth remains robust, despite slight downward revisions. Growth estimates for 2013 and projections for 2014 were revised to 6.6 and 6.8 percent, respectively, reflecting weather and weaker terms of trade. Inflation is around zero, partly due to subsidized food prices. The revised 2013 current account deficit rose to 7 percent of GDP, with a drawdown of imputed reserves. The 2013 fiscal deficit increased to 3.5 percent of GDP, reflecting weaker revenues and spending for subsidies, partly offset by higher grants.In line with 2011 Article IV recommendations, the authorities main 410 0$aIMF country report ;$v14/215. 606 $aInternational economic relations 607 $aBurkina Faso$xEconomic conditions 607 $aBurkina Faso$xEconomic policy 608 $aElectronic books. 615 0$aInternational economic relations. 676 $a330.9662505 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910458665703321 996 $aBurkina-Faso$9467224 997 $aUNINA