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Burkina Faso Achieves 54.10% Execution Rate in Economic Objectives Contract

Ouagadougou: The Ministry of Economy and Finance of Burkina Faso announced an execution rate of 54.10% for its objectives contract as of June 30, 2025. This performance reflects the ministry's progress in implementing targeted actions across five priority areas during the first half of the year, as stated by Minister Aboubakar Nacanabo in Ouagadougou.

According to Burkina Information Agency, Minister Aboubakar Nacanabo highlighted that the objectives contract, assigned by the Prime Minister, encompasses five major areas: economic management, resource mobilization, account management, auditing, and safeguarding state interests. These areas are further broken down into 28 priority actions and 66 outputs.

Minister Nacanabo reported significant accomplishments within the Ministry of Economy and Finance, including the launch of key platforms such as Faso Arzeka for online administrative payments, SyC@D for the dematerialization of land-related operations, and SECOP, an electronic system for issuing administrative documents for public procurement.

In the realm of resource mobilization, the finance department successfully raised over 1,487 billion FCFA for the state and more than 101 billion FCFA for the Patriotic Support Fund in the first half of 2025, as informed by Minister Nacanabo.

Additionally, the minister announced the establishment of a transit company that will manage strategic transit operations for Burkina Faso. Looking forward, Minister Nacanabo emphasized continued efforts to enhance financial resource mobilization and pursue reforms in land management and digitalization of procedures for improved economic management.

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