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Update on the World Bank's actions in Burkina: the total commitment portfolio increases from 1.5 to 3.3 billion US dollars

06/10/2023
Source : ORISHAS FINANCE
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The World Bank Resident Representative, Maimouna Mbow Fam, took stock of the World Bank's actions during her mission to Burkina Faso on Tuesday, October 3, 2023 in Ouagadougou. The update was given to the Prime Minister, Master Joachimson Kyélem

de Tambela.

The portfolio of the World Bank's total commitment to Burkina Faso grew from 1.5 to 3.3 billion US dollars in three years. Maimouna Mbow Fam indicated that the institution of which she took office on 1 June 2020 as representative- resident representative- resident was able to mobilize significant additional resources within the framework of the envelope for prevention and resilience, where Burkina Faso was the first country in Africa to access it. According to her, these resources represent 70% of its usual envelope for carrying out projects, such as the emergency project for local development in the Fada region, which currently totals more than 400 million US dollars

.

After three years and four months, spent in the land of honest men, the Senegalese Maimouna Mbow Fam is at the end of her mission. She went to say goodbye to the Prime Minister, Dr. Joachimson Kyélem de Tambela, on the morning of October 3, 2023, in Ouagadougou before

her departure.
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