The coronavirus has come to shake up the daily life of the whole world. Some economists and institutions speak of drastic economic consequences related to this pandemic. They can be particularly drastic for poor countries that may take several years to recover. It is these countries that are still lagging behind in devising recovery policies for the post-Covid-19 period. Regional, pan-African and international institutions are trying to rescue African economies.

The Central Bank of West African States (BCEAO), guarantor of the stability of the banking and financial system of the WAEMU zone, has announced actions to support the economies of member states, to cope with the consequences of Covid-19. States and national companies will therefore benefit from financing on flexible terms, through credit institutions.

Thus, the BCEAO decides to increase the resources made available to banks, i.e. 340 billion more than the amount it grants each week to banks. This amount increases to 4,750 billion CFA francs per week. It is also planned to list 1,700 private companies whose bills were not previously accepted in its portfolio, to benefit from better conditions for their borrowings ; to set up, with the banking system, an adapted framework to support companies affected by the consequences of the pandemic and who are experiencing difficulties in repaying the loans granted to them ; organize, if necessary, the reorganization of the timetable for the issuance of public securities on the regional financial market.

The BCEAO also intends to conduct negotiations with e-money issuing companies with a view to reducing transaction costs and encouraging people to make greater use of digital means of payment to better limit contact and travel.

Then there is the West African Development Bank (BOAD) which has decided to grant an interest rate subsidy and increase the amount of concessional loans it will grant to States, as part of the fight against the pandemic. For the financing of emergency measures, BOAD grants 120 billion CFA francs to WAEMU member states, or 15 billion per state, subsidized by the subsidy mechanism provided by the BCEAO for an amount of 25 billion CFA francs, and the WAEMU Commission for an amount of 15 billion CFA francs. The bank's board of directors also decided to suspend calls for capital maturities for an amount of 76.6 billion CFA francs of debts owed by the States for the rest of the year.

The African Development Bank (AfDB) is launching the same perspective, announcing accompanying measures for the economies of African nations. In doing so, the AfDB decided to place a social bond, called " Fighting Covid-19 ", for a record amount of $3 billion. It has raised this remarkable amount on the international financial markets through a social bond, intended to mitigate the effects of the Covid-19 pandemic on the lives of African populations and the economies of the continent.

The institutions follow one another, then comes the turn of Breton Wood's institutions, including the World Bank and the International Monetary Fund (IMF). These two institutions have announced two rescue plans for African countries. First, the breton woods institutions are willing to postpone debt repayment deadlines. Then, they will grant funding for emergencies at the request of the countries concerned. Thus, the World Bank and the IMF have suspended, " with immediate effect", the repayment of the debts of developing countries.

" All bilateral creditors of IDA countries should suspend their debt repayments as soon as they request it ," they said in a joint statement. According to the two institutions, " the measure will address the immediate liquidity needs of IDA countries to meet the challenges posed by the Covid-19 pandemic and will give time to assess the impact of the crisis and the financing needs of each country ."

In the same vein, the IMF will provide $50 billion in emergency facilities to low-income countries and emerging markets to mitigate economic shocks from the coronavirus, including $10 billion in concessional lending. The Fund has received requests for emergency funding from nearly 20 African countries and is awaiting ten more countries on the continent to seek its assistance.

A battery of measures that contribute to the good of poor countries, especially African countries. And that's without counting the outpourings of national and international solidarity such as the donation of Jack Ma, the CEO of Alibaba Group ; that of China and national mobilizations to support the various governments to better face Covid-19. Everything is therefore at the disposal of these countries to not only face Covid-19 in terms of health, but also economically.

However, the tree should not hide the forest. Aid has always existed, but African countries still remain vulnerable. It is therefore the African countries themselves that can save themselves from this situation, with prompt and energetic reactions.

Yet, in the face of the pandemic, African countries are adopting different measures when it comes to the economy. While some countries have announced accompanying measures at the economic level, others are announcing specific support for their populations. There remains a third category of countries that do not announce any support measures, nor to their populations, let alone to the entire economy. However, drastic measures have been taken and have very serious implications for the economy and people's lives. Burkina Faso is unfortunately distinguished among the latter category.

That is why we are tempted to say that in Burkina Faso there are no measures taken, apart from the suspension of classes and transport. Since all the others are braved with impunity. The curfew meets resistance ; closed market participants threaten to reopen their shops ; people bypass the security system to enter or leave quarantined cities, etc. Support issues during the period of inactivity are unanswered. The road hauliers handed over to the authority the decision to suspend their contracts with their employees during the period of inactivity. And once again, the authority remained silent. When will his answer be?

No one knows. For the moment, we are tempted to say, like the Free Afrik Institute, that the measures taken will have difficulty being respected because the accompanying measures for the economy in order to be able to succeed in these measures are almost non-existent. Anything that does not do good to the authority of the state.