The three-year FEC agreement for Burkina Faso was approved on May 14, 2018 (see press release no. 18/86) for an amount equivalent to SDR 108.36 million (around $149.9 million, or 90% of the country’s quota at the time the agreement was approved). One of the main objectives of the program is to create fiscal space for priority spending by increasing revenues, controlling current expenditure and improving the efficiency of public investment.
