Under the direct supervision of Captain Ibrahim Traoré, the Council of Ministers approved the budget, aiming to reduce the deficit to 3.2% of GDP, aligning with regional standards.
A key aspect of the budget process was the direct involvement of the President, who met with ministers to re-evaluate spending priorities. This led to a reallocation of funds from operational expenses to social sectors, ensuring that vital services like education and healthcare are adequately funded.
The 2025 budget is aligned with the government’s four-point action plan, which focuses on combating terrorism, addressing the humanitarian crisis, rebuilding state institutions, and fostering national reconciliation.
Additionally, the government is taking steps to address concerns raised by the Financial Action Task Force (FATF) regarding money laundering and terrorist financing. By implementing targeted financial sanctions, Burkina Faso aims to improve its international financial standing.
AC/sf/lb/abj/APA