Connect with us

Africa

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

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. Pauline Zouré, Minister Delegate to the Minister of Economy, Finance and Development, invited stakeholders to take a critical look at the new 2022-2026 Country Strategy Paper.

Published

on

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.

Read more about the new Country Strategy Paper in Africa and find the latest economic news from around the world with the Born2Invest mobile app. Our companion app brings you the most important economic updates so you can stay informed.

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.

SEE ALSO  Why the production of most vegetable oils is less this year

“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.

__

(Featured image by ibrahimdiouf via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

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.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Philip Gregg is a tech biz writer, with a keen understanding of blockchain technology, Internet of Things, and cloud services. He also serves as chief consultant for an IT business in Washington and a cryptowallet startup in Tokyo. Philip holds an MBA in finance and has previously worked at a Silicon Valley company before striking out on his own. He is a dad to three German Shepherds and owns a sweet vintage Mustang he fondly calls Sadie.