Summary: Burkina Faso - S&P Global Ratings’ Credit Research

Summary: Burkina Faso

Summary: Burkina Faso - S&P Global Ratings’ Credit Research
Summary: Burkina Faso
Published Nov 15, 2019
9 pages (4446 words) — Published Nov 15, 2019
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Strong growth prospects amid rising security concerns. S&P Global Ratings expects economic growth in Burkina Faso to exceed 6% over its projection period to 2022. Solid prospects in the mining and agricultural sectors will support real GDP growth, as will investments into infrastructure. However, increasing security risks could weigh on growth prospects. Economic imbalances should keep decreasing, despite vulnerabilities. We expect the general government deficit to reach 3.0% in 2019 from 4.9% in 2018, thanks notably to additional revenues from the sale of 4G licenses. Additionally, fiscal consolidation reflects the requirement to comply with the central bank's criteria, support from the International Monetary Fund (IMF), and the current plan to raise tax revenue and modernize the administration. We expect export

  
Brief Excerpt:

...Institutional and economic profile Flexibility and performance profile Strong growth prospects amid rising security concerns. + S&P Global Ratings expects economic growth in Burkina Faso to exceed 6% over its projection period to 2022. + Solid prospects in the mining and agricultural sectors will support real GDP growth, as will investments into infrastructure. + However, increasing security risks could weigh on growth prospects. Economic imbalances should keep decreasing, despite vulnerabilities. + We expect the general government deficit to reach 3.0% in 2019 from 4.9% in 2018, thanks notably to additional revenues from the sale of 4G licenses. Additionally, fiscal consolidation reflects the requirement to comply with the central bank's criteria, support from the International Monetary Fund (IMF), and the current plan to raise tax revenue and modernize the administration. + We expect export revenue to increase, driven by a buoyant mining sector. However, a narrow export base leaves the...

  
Report Type:

Summary

Ticker
32687Z
Issuer
Sector
Global Issuers
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Burkina Faso" Nov 15, 2019. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Burkina-Faso-2341092>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Burkina Faso Nov 15, 2019. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Burkina-Faso-2341092>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.