{"id":458856,"date":"2018-03-20T14:11:16","date_gmt":"2018-03-20T14:11:16","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=458856"},"modified":"2018-03-20T14:11:16","modified_gmt":"2018-03-20T14:11:16","slug":"imf-approves-agreement-of-90-billion-cfa-francs-in-burkina-faso","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/03\/20\/imf-approves-agreement-of-90-billion-cfa-francs-in-burkina-faso\/","title":{"rendered":"IMF approves agreement of 90 billion CFA francs in Burkina Faso"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The International Monetary Fund (IMF) approved March 14, 2018, a new three-year agreement of about 158 \u200b\u200bmillion dollars (90 billion FCFA) in Burkina Faso, under the Extended Credit Facility (ECF).<\/p>\n<p>The International Monetary Fund (IMF) approved March 14, 2018, a new three-year agreement of about 158 \u200b\u200bmillion dollars (90 billion FCFA) in Burkina Faso, under the Extended Credit Facility (ECF).<\/p>\n<p>It is, indeed, an envelope in support of the national program of economic and financial reforms. According to a statement from the institution, the program aims to achieve a sustainable balance of payments position, achieve inclusive growth and reduce poverty by creating fiscal space for priority spending in the areas of social policy and investment in infrastructure.<\/p>\n<p>&#8220;It also aims to catalyze official and private financing, as well as build resilience to future economic shocks,&#8221; he says.<\/p>\n<p>In addition, announces the release, this decision allows to immediately disburse about 26.3 million dollars. The balance will be spread over the duration of the program, subject to half-yearly reviews.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) approved March 14, 2018, a new three-year agreement of about 158 \u200b\u200bmillion dollars (90 billion FCFA) in Burkina Faso, under the Extended Credit Facility (ECF). The International Monetary Fund (IMF) approved March 14, 2018, a new three-year agreement of about 158 \u200b\u200bmillion dollars (90 billion FCFA) in Burkina Faso, under<\/p>\n","protected":false},"author":530746,"featured_media":458858,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12008],"tags":[14582,12367,12100],"class_list":{"0":"post-458856","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-stock-exchanges","8":"tag-agreement-of-90-billion-cfa-francs","9":"tag-burkina-faso-en","10":"tag-imf-en","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IMF approves agreement of 90 billion CFA francs in Burkina Faso - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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