Burkina Faso : Public Investment Management Assessment (PIMA) and Climate-PIMA

An IMF team found that, compared to the 2017 PIMA results, Burkina Faso has made progress in improving its public investment management system, but this is still insufficient to strengthen PIM efficiency. The assessment conducted during this mission shows an encouraging improvement in PIM practices in Burkina Faso, in terms of both the legal framework and implementation effectiveness. However, there is still a gap between the evolved institutional design and its actual implementation, which is often less satisfactory. Regarding climate aspects, some good practices are beginning to emerge, particularly in planning and risk management. The team has identified nine high-priority recommendations to improve PIM processes and support the Government of Burkina Faso in effectively implementing its investment policy and development agenda, including increasing resilience against climate change