Burkina Faso’s Economic Growth takes Flight as IMF Review Enables $64.6 Million

Strong gold production and an expected agricultural recovery are supporting Burkina Faso’s growth outlook, but higher energy prices, food security pressures and rising public spending are testing the country’s fiscal resilience.

Burkina Faso is expected to record stronger economic growth in 2027, supported by robust gold production, mining reforms and an anticipated recovery in agriculture, even as rising global energy prices and climate-related pressures threaten public finances and household welfare.

The International Monetary Fund (IMF) announced on the 4th of November that its staff had reached a staff-level agreement with the Burkinabè authorities on the country’s sixth review under the Extended Credit Facility (ECF) and second review under the Resilience and Sustainability Facility (RSF).