In its Report on the economic situation in Burkina, the World Bank indicated that GDP growth increased from 6.9 to 2.5%.

On Monday, June 12, 2023, in Ouagadougou, a ceremony was held to disseminate the report, which highlights recent economic trends, analysing the short and medium-term economic outlook and discussing issues relevant to development, in the presence of the Minister of Economy and Finance and his counterpart in L& rsquo; agriculture, animal and fishery resources

Based on analytical research, the April 2023 report on the economic situation in Burkina Faso identified regressions in Burkina Faso's economic situation and the poverty status of the populations. In its report, the World Bank says it fears an exacerbation of food insecurity.

“Analysis results show that, with a strong economic recovery of 6.9% in 2021, Burkina Faso's gross domestic product growth decelerated to 2.5% in 2022, mainly due to a 13.7% drop in mining activity, following the closure of a few mines. Average inflation reached 14.1% while food prices increased by 23.4% on average over the year. The report shows that low growth in 2022, especially in the agricultural sector, and high inflation caused the poverty rate to rise to 5.9 percentage points. As a result, an additional 1.5 million people have plunged into extreme poverty. A point that marks the fall in the income of poor households that depend mainly on agriculture,” summed up Maïmouna Mbow Fam, World Bank Resident Representative in Burkina