Ratings: Foreign and Local Currency: B/Stable/B For further details see ratings list. We expect strong economic growth in Burkina Faso over the coming years. Burkina Faso's membership in the West African Economic and Monetary Union (WAEMU) provides a sturdy policy anchor and a substantial buffer against external pressures, in our view. We are affirming our 'B/B' sovereign credit ratings on Burkina Faso. The outlook is stable. On May 25, 2018, S&P Global Ratings affirmed its 'B' long-term and 'B' short-term foreign and local currency sovereign credit ratings on Burkina Faso. The outlook is stable. The stable outlook on Burkina Faso balances our expectation of continued political stability, gradual fiscal consolidation, and further broad-based economic growth over the next 12 months,