This, as well as a new 18-month Resilience and Sustainability Facility (RSF) aimed at supporting climate-related reforms.
The IMF mission, led by Jaroslaw Wieczorek, visited Ouagadougou from October 29 to November 12, 2025. The ECF programme, approved in September 2023, is valued at $302 million, while the RSF arrangement totals $122.7 million.
At the end of the mission, Wieczorek said that the agreement will allow the IMF Executive Board, once it gives its approval, expected in February 2026, to disburse $32.7 million, bringing total IMF financial support under the ECF to $130.8 million.
The IMF projects Burkina Faso’s gross domestic product (GDP) growth to reach 5% in 2025, supported by high international gold prices and ongoing structural reforms. Inflation, which is expected to average -0.5% in 2025 due to lower food and energy prices, is forecast to turn positive in 2026 but to remain below the Central Bank of West African States’ target midpoint of 2%.
The Fund noted that Burkina Faso’s current account is set to record a small surplus in 2025, while fiscal performance has remained solid. The 2025 fiscal deficit target of 4% of GDP is “well within reach,” reflecting improved revenue collection and better spending on education, health, and social protection.
Burkina Faso has made notable progress in governance and transparency reforms, including its exit from the Financial Action Task Force grey list and the implementation of several recommendations from the IMF’s Governance Diagnostic Assessment. Reforms have focused on improving revenue administration integrity, mining sector transparency, and public procurement processes.
The proposed Resilience and Sustainability Facility will support reforms to enhance macroeconomic stability and climate resilience, including improved disaster risk finance, sustainable infrastructure, clean energy access, and climate finance mobilisation.
The IMF delegation met with Prime Minister Rimtalba Jean-Emmanuel Ouedraogo, Minister of Economy and Finance Aboubakar Nacanabo, and other senior officials, as well as representatives from the private sector and development partners.
Wieczorek thanked the Burkinabè authorities for their “commitment, open discussions, and warm hospitality,” reaffirming the IMF’s continued support for the country’s reform agenda.
–IMF/ChannelAfrica–
