Burkina Faso is considering the development of a new Country Strategy Paper

The Ministry of Economy, Finance, and Development and its partner the African Development Bank (AfDB) are holding a high-level meeting this Monday, April 19th, 2021, in Ouagadougou. This multi-day meeting, which is being held face-to-face and by video conference, aims to develop the new 2022-2026 Country Strategy Paper (CSP). It will also discuss the combined completion report for the 2017-2021 CSP.

The 2017-2021 Country Strategy Paper is at the end of its implementation. It has served as a framework for cooperation between the African Development Bank (AfDB) and Burkina Faso, through its Ministry of Economy, Finance, and Development. The April 19th meeting between the two partners aims to discuss major socio-economic development issues in Burkina Faso, for at least the next five years, through the development of a new CSP.

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According to the AfDB country representative, Pascal Yembiline, the Bank’s active portfolio consists of 22 projects

According to the AfDB country representative, Pascal Yembiline, this meeting will make it possible to provide their cooperation with a CSP that will be a useful and powerful instrument for the excellence of cooperation between the Bank and Burkina Faso during the period 2022-2026.

To this end, the AfDB has mobilized a multi-disciplinary team of sector experts to better identify Burkina Faso’s main priorities and propose, in collaboration with the government, areas of cooperation that will guide the Bank’s interventions during the 2022-2026 period.

“This meeting will also be an opportunity to jointly assess the results achieved in relation to the objectives set in 2017 and to draw lessons that will be capitalized on in the framework of the new CSP,” said Pascal Yembiline.

The Minister Delegate Pauline Zouré urged the involvement of all stakeholders in the development of the new CSP

Pauline Zouré, Minister Delegate to the Minister of Economy, Finance and Development, invited stakeholders to take a critical look at the new 2022-2026 CSP, which is being developed in a context marked by the persistence of Covid-19 and a worrying security situation in Burkina.

Discussing and evaluating the former CSP implemented in April 2017, the Minister Delegate confided, is an opportunity to strengthen their strategic posture and, if necessary, take up a new, more comfortable posture on the basis of analyses of actions already taken to identify strengths and weaknesses.

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(Featured image by ibrahimdiouf via Pixabay)

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First published in lefaso.net, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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