BF - DPO - Growth and Compet. Credit 3

Abstract*

This program document proposes the third operation in a programmatic series of four Growth and Competitiveness Credit (GCC) development policy operations undertaken in partnership with the Government of Burkina Faso. Burkina Faso is a low-income landlocked country in a volatile region; consequently, it faces significant structural economic vulnerability. However, despite its general political stability and solid macroeconomic management Burkina has... Show More

Development Objective

The program development objectives of the GCC series are to catalyze private-sector growth, improve governance, enhance public resource management, and build macroeconomic resilience.

Key Details

Project Details

Project ID
P146640
Status
Closed
Team Leader
Samba Ba
Borrower 2
N/A

Country
Burkina Faso
Disclosure Date
December 5, 2013
Approval Date
(as of board presentation)
December 5, 2013
Effective Date
December 20, 2013

Total Project Cost 1
US$ 100.00 million
Implementing Agency
Ministry of Economy and Finances
Region
Western and Central Africa
Fiscal Year 3
2014

Commitment Amount
US$ 100.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2014

Last Stage Reached
BANK APPROVED
Parent Projects
P132210
Last Update Date
March 6, 2024

Associated Projects
P151275

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Trade22%
- FY17 - Trade Facilitation22%

FY17 - Finance

FY17 - Financial Infrastructure and Access6%
- FY17 - MSME Finance6%

FY17 - Human Development and Gender

FY17 - Nutrition and Food Security12%
- FY17 - Food Security6%
- FY17 - Nutrition6%

FY17 - Private Sector Development

FY17 - Enterprise Development6%
- FY17 - MSME Development6%
FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Public Administration23%
- FY17 - Transparency, Accountability and Good Governance23%
FY17 - Public Finance Management23%
- FY17 - Public Expenditure Management23%

FY17 - Urban and Rural Development

FY17 - Rural Development11%
- FY17 - Rural Markets11%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	50.00
IDA Credit	50.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	100.00
IBRD + IDA Commitment	100.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	100.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 1, 2015	IDA-53270	Int Charges	167,900.48
Nov 1, 2016	IDA-53270	Int Charges	164,515.16
Nov 1, 2016	IDA-53270	Int Charges	164,515.16
May 1, 2016	IDA-53270	Int Charges	2,908.86
May 1, 2016	IDA-53270	Int Charges	2,908.86
May 1, 2016	IDA-53270	Int Charges	173,268.60
May 1, 2016	IDA-53270	Int Charges	173,268.60
Nov 1, 2016	IDA-53270	Int Charges	3,742.07
Nov 1, 2016	IDA-53270	Int Charges	3,742.07
May 1, 2017	IDA-53270	Int Charges	165.61
May 1, 2017	IDA-53270	Int Charges	165.61
May 1, 2017	IDA-53270	Int Charges	167,414.05
May 1, 2017	IDA-53270	Int Charges	167,414.05
Nov 7, 2017	IDA-53270	Int Charges	164,937.83
Nov 7, 2017	IDA-53270	Int Charges	164,937.83
Nov 1, 2017	IDA-53270	Int Charges	3,338.78
Nov 1, 2017	IDA-53270	Int Charges	3,338.78
May 1, 2018	IDA-53270	Int Charges	2,987.06
May 1, 2018	IDA-53270	Int Charges	2,987.06
May 1, 2018	IDA-53270	Int Charges	174,237.62
May 1, 2018	IDA-53270	Int Charges	174,237.62
May 3, 2022	IDA-53270	Int Charges	2,038.69
May 3, 2022	IDA-53270	Int Charges	2,038.69
Nov 1, 2022	IDA-53270	Int Charges	3,431.97
Nov 1, 2022	IDA-53270	Int Charges	3,431.97
Nov 1, 2022	IDA-53270	Int Charges	157,178.05
Nov 1, 2022	IDA-53270	Int Charges	157,178.05
May 1, 2023	IDA-53270	Int Charges	163,985.28
May 1, 2023	IDA-53270	Int Charges	163,985.28
May 1, 2023	IDA-53270	Int Charges	767.38
May 1, 2023	IDA-53270	Int Charges	767.38
Nov 8, 2023	IDA-53270	Int Charges	22,485.16
Nov 3, 2023	IDA-53270	Int Charges	133,753.31
Nov 3, 2023	IDA-53270	Int Charges	133,753.31
Nov 8, 2023	IDA-53270	Int Charges	22,485.16
Nov 1, 2023	IDA-53270	Int Charges	3,354.63
Nov 1, 2023	IDA-53270	Int Charges	3,354.63
May 6, 2024	IDA-53270	Int Charges	1,149.08
May 6, 2024	IDA-53270	Int Charges	1,149.08
Jan 2, 2014	IDA-53270	Loan Disb	50,117,284.00
Nov 25, 2014	IDA-53270	Int Charges	175,457.22
Nov 25, 2014	IDA-53270	Int Charges	175,457.22
Nov 1, 2014	IDA-53270	Int Charges	241.72
Nov 1, 2014	IDA-53270	Int Charges	241.72
May 13, 2015	IDA-53270	Int Charges	2,981.85
May 13, 2015	IDA-53270	Int Charges	2,981.85
May 13, 2015	IDA-53270	Int Charges	172,063.70
May 13, 2015	IDA-53270	Int Charges	172,063.70
Nov 1, 2015	IDA-53270	Int Charges	295.05
Nov 1, 2015	IDA-53270	Int Charges	295.05
Nov 1, 2015	IDA-53270	Int Charges	167,900.48
May 6, 2024	IDA-53270	Loan Repay	161,477.00
May 15, 2024	IDA-53270	Loan Repay	269,825.20
May 15, 2024	IDA-53270	Int Charges	161,775.88
May 15, 2024	IDA-53270	Int Charges	161,775.88
Dec 5, 2013	IDA-H8950	Loan Commitment	50,000,000.00
Dec 5, 2013	IDA-53270	Loan Commitment	50,000,000.00
Nov 1, 2018	IDA-53270	Int Charges	1,107.17
Nov 1, 2018	IDA-53270	Int Charges	1,107.17
Nov 1, 2018	IDA-53270	Int Charges	166,979.00
Nov 1, 2018	IDA-53270	Int Charges	166,979.00
May 13, 2019	IDA-53270	Int Charges	95.50
May 13, 2019	IDA-53270	Int Charges	95.50
May 3, 2019	IDA-53270	Int Charges	2,471.17
May 3, 2019	IDA-53270	Int Charges	2,471.17
May 3, 2019	IDA-53270	Int Charges	166,881.81
May 3, 2019	IDA-53270	Int Charges	166,881.81
Nov 1, 2019	IDA-53270	Int Charges	168,707.45
Nov 1, 2019	IDA-53270	Int Charges	168,707.45
Nov 1, 2019	IDA-53270	Int Charges	2,100.89
Nov 1, 2019	IDA-53270	Int Charges	2,100.89
May 1, 2020	IDA-53270	Int Charges	192.74
May 1, 2020	IDA-53270	Int Charges	192.74
May 1, 2020	IDA-53270	Int Charges	167,201.73
May 1, 2020	IDA-53270	Int Charges	167,201.73
Nov 1, 2020	IDA-53270	Int Charges	316.88
Nov 1, 2020	IDA-53270	Int Charges	316.88
Nov 1, 2020	IDA-53270	Int Charges	169,145.16
Nov 1, 2020	IDA-53270	Int Charges	169,145.16
May 1, 2021	IDA-53270	Int Charges	3,164.62
May 1, 2021	IDA-53270	Int Charges	3,164.62
May 1, 2021	IDA-53270	Int Charges	175,549.78
May 1, 2021	IDA-53270	Int Charges	175,549.78
Nov 1, 2021	IDA-53270	Int Charges	135,551.80
Nov 1, 2021	IDA-53270	Int Charges	135,551.80
Nov 1, 2021	IDA-53270	Int Charges	34,176.35
Nov 1, 2021	IDA-53270	Int Charges	34,176.35
Nov 1, 2021	IDA-53270	Int Charges	597.79
Nov 1, 2021	IDA-53270	Int Charges	597.79
May 3, 2022	IDA-53270	Int Charges	160,210.61
May 3, 2022	IDA-53270	Int Charges	160,210.61
May 5, 2014	IDA-53270	Int Charges	125,516.38
May 5, 2014	IDA-53270	Int Charges	125,516.38
Jan 2, 2014	IDA-H8950	Loan Disb	50,117,284.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Implementation Progress (IP)	Satisfactory	2014-07-17
Progress towards achievement of PDO	Satisfactory	2014-07-17
Program Management	Highly Satisfactory	2014-07-17
Monitoring and Evaluation	Highly Satisfactory	2014-07-17

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-20-2017
Outcomes	Moderately Unsatisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Unsatisfactory
Borrower Performance	Moderately Unsatisfactory
Government Performance	Moderately Unsatisfactory
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-26-2018	PROJECT PERFORMANCE ASSESSMENT REPORT: 12-07-2017
Outcome Rating	Unsatisfactory	Moderately Unsatisfactory
Risk To Development Outcome	Moderate	Substantial
Bank Performance	Unsatisfactory	Moderately Unsatisfactory
Borrower Performance	Moderately Unsatisfactory	Moderately Unsatisfactory
Government Performance		Moderately Unsatisfactory
Implementing Agency	Moderately Unsatisfactory
Icr Quality		Substantial
M&e Quality	Modest	Modest

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Food reserves (tons) Value 15000.00 20000.00 0.00
Date December 30, 2011 December 31, 2012
Comment

Cotton production	Value	340000.00	400000.00	400000.00
	Date	December 31, 2011	December 31, 2013	December 31, 2014
	Comment	This was the original cotton production then. The PDO defines it as the production amount.

Mining revenue Value 1.80 2.50 3.00
Date December 31, 2011 December 31, 2012 December 31, 2014
Comment Mining revenue as percent of GDP
Percent of budget for decentralized communities Value 3.70 4.00 5.00
Date December 31, 2011 December 31, 2012 December 31, 2014
Comment
Capitalization of the stabilization fund is at least 6 billion CFAF. Value 5.00 0.00 6.00
Date December 31, 2011 December 31, 2014
Comment
Average waiting time for customs clearance in Ouaga Inter reduced by 50 percent. Value 4.00 4.00 2.00
Date December 31, 2011 December 31, 2013 December 31, 2014
Comment
Public revenue generated by the mining sector is increased to 4% of GDP. Value 1.80 2.50 0.00
Date December 31, 2011 December 31, 2013
Comment
Capitalization of the input fund is at least 10 billion CFAF. Value 0.00 10.00 10.00
Date December 31, 2011 June 2, 2014 December 31, 2014
Comment

The Support Fund for Women’s Income-Generating Activities (FAARF) reaches over 80,000 beneficiaries nationwide, with a total loan portfolio of more than CFAF 4.5 billion.	Value	70000.00	87000.00	80000.00
	Date	December 31, 2011	September 30, 2013	December 31, 2014
	Comment

The national food reserve and emergency food stocks are increase to at least 50,000 and 10,000 tons, respectively.	Value	25000.00	35000.00	50000.00
	Date	December 31, 2012	September 30, 2013	December 31, 2014
	Comment

Food reserves (tons)	Value	15000.00	20000.00	0.00
	Date	December 30, 2011	December 31, 2012
	Comment

Mining revenue	Value	1.80	2.50	3.00
	Date	December 31, 2011	December 31, 2012	December 31, 2014
	Comment	Mining revenue as percent of GDP

Percent of budget for decentralized communities	Value	3.70	4.00	5.00
	Date	December 31, 2011	December 31, 2012	December 31, 2014
	Comment