International Monetary Fund reviews Burkina Faso’s public investment management and sets nine high-priority recommendations

The International Monetary Fund published a high-level summary of a Public Investment Management Assessment (PIMA) and Climate-PIMA for Burkina Faso, finding that the country has improved its public investment management system since the 2017 PIMA but not enough to materially strengthen public investment efficiency. The assessment notes encouraging improvements in public investment management practices, both in the legal framework and implementation effectiveness, but identifies a persistent gap between the institutional design and day-to-day implementation. On climate-related elements, it points to emerging good practices, particularly in planning and risk management, and sets out nine high-priority recommendations to strengthen investment processes and support Burkina Faso’s investment policy and development agenda, including greater resilience to climate change.