The International Monetary Fund (IMF) and the Burkinabe government signed an agreement on Thursday leading to the release of the ^{2nd installment} of the $305 million aid plan signed last June.

La nouvelle tranche d' aide évaluée à 32 millions de dollars, would bring the amount already paid to Burkina Faso to $96 million. It must be approved by the Fund's Board of Directors at its meeting scheduled for December. According to the Head of Mission of FMI , Martin Schindler, “the authorities have made significant efforts to implement macroeconomic adjustment reforms in an extremely complicated context, due to the situation of secure, high borrowing costs, and climate-related challenges.” Discussions during the signing focused on macroeconomic and fiscal developments, improving fiscal transparency and governance, reducing fiscal risks, and improving efficiency in the energy sector. The Burkinabe government wants to accelerate the rise of the local agri-food industry by allowing the local processing of its local products. According to the information, the Burkina Faso's performance under the program was generally satisfactory. All but one of the quantitative performance criteria and indicative targets have been met. Significant progress has also been made in implementing structural reforms. The authorities are making progress in the reform of subsidies and the management of public finances