Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

Burkina Faso’s budget gap hits nearly $900mln by September 2023

Monday, 20 November 2023 15:04
Burkina Faso’s budget gap hits nearly $900mln by September 2023

(Ecofin Agency) - As of September 30, Burkina Faso grapples with an estimated budget deficit nearing $900 million, as revealed in an official statement following the Council of Ministers' meeting published on Wednesday, November 15.

During the specified period, the country mobilized $3.5 billion in budgetary revenue, falling short of the $4.5 billion projected in the revised budget. Meanwhile, both incurred and targeted expenditures indicate an execution rate of 79.33%.

In treasury management, the Public Treasury harnessed a total of $4.74 billion across its network during the review period, reflecting an annual growth rate of 5.57%.

This budget evaluation unfolds against a challenging backdrop, with a surge in terrorist attacks complicating the socio-economic and political landscape in this Sahel country.

In September, the Burkinabe government adjusted its 2023 budget, citing a more than 2% increase in revenues. This adjustment responds to the evolving security situation, particularly the reinforcement of Defense and Security Forces, leading to significant unforeseen additional needs in the initial budget.

Additional Info

  • communiques: Non
  • couleur: N/A



ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11


Benjamin FLAUX
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72


Please publish modules in offcanvas position.