Projects and programs financed by the World Bank, the African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD) were the subject of a joint review between these financial institutions and the Burkinabe government on Tuesday, April 2, 2019, in Ouagadougou.

Evaluate the performance of projects and programs financed by the World Bank, the African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD) and discuss the major challenges related to their implementation in accordance with the new regulations. These are, according to the Minister of Economy, Finance and Development, Lassané Kaboré, the objectives of the joint review of the portfolios of these three partners, held on April 2, 2019, in Ouagadougou. It is placed under the theme: "The application of the new decree on the governance of development projects and programs in Burkina Faso: challenges and perspectives".

For the Minister, this review is an opportunity to identify the difficulties encountered, to propose corrective measures to improve the implementation of projects and programs and to accelerate the consumption of credits. According to him, the active portfolio of the three partners as at 29 February 2019 amounted to 1,787 billion CFA francs (compared to 1,327 billion in 2017), or 74.53% for the World Bank, 21.65% for the AfDB and 3.82% for IFAD. This portfolio includes a total of 45 projects and programs, including 34 national and 11 regional, with disbursement rates of 41.4%, 46.42% and 25% respectively for the World Bank, afDB and IFAD, said Lassané Kaboré. "But beyond these indicators, the government and the people of Burkina Faso highly appreciate the tangible results achieved in the framework of these projects," he said.

For the representative of the three TFPs, Cheick F. Kanté, the implementation of the recommendations made in 2017, during a previous joint review to improve the execution of projects financed by the three institutions, took place in a particular environment. "This context is unique in the history of Burkina Faso due to increased insecurity as well as social upheavals marked by demands and repetitive strikes," he stressed.

Added to this are the constraints related to land, environmental and social issues, the low capacity of service providers, the late and / or insufficient provision of financial resources to projects, explained the head of the department in charge of the economy. In view of the challenges to be met in the PNDES, the three partners drew the government's attention to the "need to have a roadmap for a better permanent and accountable joint follow-up of the recommendations" that will emerge from this sixth joint review.