Burkina Faso: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria—Staff Report; Press Release on the Executive Board Discussion

In spite of multiple shocks, macroeconomic performance in the first half of 2012 wasgood. The number of Malian refugees increased significantly, but additional needs are beingmet by stepped up efforts from the international community. Food security needs were met,notwithstanding some coordination problems (within government and with donors) andcapacity constraints. Remaining resources will be used in 2013 to replenish food securitystocks and implement measures to further strengthen resilience to weather-related shocks.