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Burkina Faso adopts stabilization action plan

The Transition authorities have reviewed the priorities of the development framework for the period 2023-2025.During a Council of Ministers, the…

The Transition authorities have reviewed the priorities of the development framework for the period 2023-2025.During a Council of Ministers, the government adopted on Wednesday, January 25, 2023, a decree on the draft plan of action for stabilization and development.

The government has set out the priorities of the Transition for the period 2023-2025, in four areas, namely the resolution of security and humanitarian crises, good governance and national reconciliation.

“This will enable us to have a reference document that will allow all development actors in Burkina Faso to consider this document as their reference document and to register all their actions within the framework of this document,” said the Minister of Economy, Finance and Forecasting, Aboubacar Nacanabo.

The overall cost of the Action Plan for Stabilization and Development is 7,654.854 billion CFA francs. It is financed to the tune of 40.91 percent (i.e. 3,131.737 billion CFA francs) by own resources, 32.19 percent (i.e. 2,464.359 billion CFA francs) by other resources, including 13 percent for loans and 19 percent for grants. The financing requirement amounts to 2,058.757 billion CFA francs.

The government has announced “consultations with development partners for its financing.”

The Action Plan for Stabilization and Development originates from the Transition Action Program in January 2022 and takes into account the new orientations and priorities of the current Transition.

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