Burkina Faso

Calm Returns to Cameroon, Burkina Faso Following Protests

29 February 2008 -- Soldiers patrolled the streets in Cameroon's two main cities Friday, restoring order after the worst violence the oil-producing country has seen in more than 15 years. At least 17 people are believed to have been killed when demonstrations over price hikes and a government proposal to eliminate term limits for the president led to clashes between police and protesters.    » read more »

Burkina Faso: Floods Recede in Burkina Faso; Thousands Displaced, Crops Destroyed

10 October 2007 -- Burkina Faso is among the many African countries that have been affected by heavy rains and floods over the past few months. Reports say more than 40 people have been killed and nearly 100,000 displaced.

The International Federation of the Red Cross and Red Crescent Societies is one of the humanitarian agencies trying to help. Noora Kero has been touring the areas affected by floods.    » read more »

Burkina Faso: Statement by the IMF Staff Mission to Burkina Faso

October 3, 2007 -- Martin Petri, International Monetary Fund (IMF) Mission Chief to Burkina Faso, made the following statement today in Ouagadougou:

"An IMF mission team visited Ouagadougou during September 18-October 3 for the 2007 Article IV consultation and first review of the program supported under the Poverty Reduction and Growth Facility (PRGF).1    » read more »

Burkina Faso: World Bank Extends Poverty Reduction Support

$90 million Credit for Service Delivery, Improved Management

WASHINGTON, July 5, 2007 – The Executive Board of the World Bank today approved a Poverty Reduction Support Credit* (PRSC-7) in the amount of US$90 million to Burkina Faso. The credit will have a significant positive impact on poverty reduction and accelerate economic growth.    » read more »

Opposition In Burkina Faso Disappointed By Election Results

13 May 2007 -- Opposition parties in Burkina Faso are disappointed by their poor results in the country's recent parliamentary election. But they say the results are not yet final and that they will contest some of the results. President Blaise Compaore's ruling party won a landslide victory according to the results released Saturday. Selah Hennessy reports from VOA's West Africa bureau in Dakar.

Opposition parties in Burkina Faso say their poor results in the May 6 election are due to unfair electoral laws and state-funded propaganda for the ruling party.    » read more »

IMF Executive Board Approves US $9.2 Million PRGF Arrangement for Burkina Faso

April 24, 2007 -- The Executive Board of the International Monetary Fund (IMF) has approved a three-year, SDR 6.02 million (about US$9.2 million) arrangement under the Poverty Reduction and Growth Facility (PRGF) for Burkina Faso, which will support the government's economic reform program for 2007-10. The decision will make available to Burkina Faso an amount equivalent to SDR 0.5 million (about US$0.8 million).    » read more »

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