Burkina Faso Reviews Development Plan, Mandates Local Headquarters for Major Companies

The weekly Council of Ministers was held this Thursday, October 9th, 2025, in Burkina Faso, under the chairmanship of the Head of State, Captain Ibrahim Traoré.

During the briefing given to the press at the end of the meeting, the Minister Spokesperson of the Government, Pingdwendé Gilbert Ouédraogo indicated that several reports were adopted and important decisions taken for the well-being of the population in accordance with the requirements of the People’s Progressive Revolution.

Among these decisions, there is the mid-term review of the Action Plan for Stabilization and Development (PA-SD), deemed satisfactory and the obligation for large companies to build a headquarters in Burkina Faso.

Thus, under the Ministry of Economy and Finance, the Council adopted the mid-term report on the implementation of the Action Plan for Stabilization and Development (PA-SD), in 2025. According to the Minister of Economy and Finance, Dr. Aboubakar Nacanabo, the mid-term evaluation shows satisfactory results of the implementation of the national development policy in Burkina Faso. He noted a result of 46.98%.

“There have been accelerations in the various projects. These accelerations are a result of the guidelines of the President of Faso, who has always insisted that the implementation of projects can proceed very quickly,” said Minister Nacanabo, expecting qualitative leaps by the end of 2025.

He announced a new development framework that will come into effect in January 2026, replacing the PA-SD, which is scheduled to expire at the end of 2025. This new plan will take into account the context of the Popular Progressive Revolution, presidential initiatives and structuring projects in order to provide more jobs and opportunities for young people, the Minister of Economy and Finance specified.

Obligation for large companies to build headquarters in Burkina Faso

On behalf of the Ministry of Commerce, Industry and Crafts, the Council adopted a preliminary draft law requiring large companies to build headquarters in Burkina Faso.

For the Minister of Economy and Finance, Dr. Aboubakar Nacanabo, these companies must also contribute to urbanization and have a stronger foothold in Burkina Faso.

“The bill stipulates that all companies whose average annual turnover over the last three financial years reaches five billion CFA francs will now be required to build their headquarters in Burkina Faso, according to clearly defined standards,” explained Minister Nacanabo. He added that these companies will benefit from state support in terms of tax benefits on certain construction materials, and according to clearly defined deadlines.

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(Featured image by Annie Spratt via Unsplash)

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First published in LES ECO.ma. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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