We expect resilient economic growth in Burkina Faso to continue 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 therefore affirming our 'B/B' sovereign credit ratings on Burkina Faso. The outlook is stable. On Nov. 23, 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 budgetary consolidation, and further broad-based economic growth over the next 12 months, against risks of weaker economic and budgetary performance than
