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UEMOA: Burkina Faso will tax the interest received on new loans as of 1 August 2025

27/06/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The Burkinabe government is ending an unregulated exemption, which has caused significant tax losses for the State. Thus, the interest received on new bonds issued in the West African Economic and Monetary Union ( UEMOA ) will be taxable in Burkina Faso, from the 1st August 2025.

A government measure was published on Monday, June 23, 2025 in a circulaire signed by the Minister of Economy and Finance, Aboubakar Nacanabo. This measure concerns all new loans (bonds, bonds, etc.) that will be issued from next August. Only loans taken out by the Burkinabe State or its branches will continue to benefit from tax exemption. Avec cette réforme, les obligations émises par d' autres Etats membres de l' UEMOA could become less attractive for Burkinabe investors, since they will no longer benefit from a tax advantage. This reform could also strengthen national budgetary resources, by capturing a portion of the income generated by financial investments. Burkinabe financial institutions and lenders were invited to take the necessary steps to apply this rule and ensure that taxes are collected on the interests of bonds, unless the issuer is the

Burkinabe State.

Until now, the interest paid to Burkinabe investors on loans issued in the Old Style”, serif"> UEMOA by Ivory Coast, Senegal, Niger, Benin, Guinea Bissau, Mali, and Togo are tax

exempt in Burkina Faso.

Noted that on June 18, 2025, Burkina Faso raised 32.99 billion CFA francs (59 million dollars) on the regional financial market through the issuance of Treasury bills and bonds. This operation attracted investors from Burkina Faso (35.96%), Ivory Coast (35.96%), Ivory Coast (30.96%) and Senegal (21.77%), bringing together more than 89%

of the amount raised.
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