Burkina Faso Gold Boom Boosts Economy and IMF Support

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Burkina Faso Gold Boom Boosts Economy and IMF Support
Burkina Faso Gold Boom Boosts Economy and IMF Support

Africa-Press – Zambia. Ibrahim Traoré’s strategy to place gold at the center of Burkina Faso’s economic policy is beginning to show measurable results, as the country records a major mining surge.

Burkina Faso produced a record 94 tonnes of gold in 2025, increasing state revenues and helping unlock a $33.2 million disbursement from the International Monetary Fund after a positive economic review. Despite persistent security challenges, the country’s GDP growth is estimated at about 5% for the year.

Authorities say the stabilisation plan focuses on improving mining tax collection, controlling inflation and keeping public debt manageable. The IMF has also approved an additional $124 million package aimed at supporting climate-resilient agriculture.

However, the Fund cautions that risks remain. It is urging stronger oversight of the mining sector and continued governance reforms to ensure the economic momentum can be sustained.

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