COUNTRY BRIEF | Burkina Faso: Reallocating Energy Subsidies Toward Social Safety Net Programs
Over the past decade, Burkina Faso has experienced sustained economic growth driven by domestic factors such as consumption and investment on the demand side and services on the supply side, and export of commodities such as cotton and gold. This growth, however, has not benefited the majority of Burkinabe. Social safety nets (SSN) are predictable transfers that help the poor and vulnerable sections of the population when economic growth is not sustainable and inclusive. SSNs in Burkina Faso have increased at a steady pace. The government of Burkina Faso is determined to reduce poverty and carbon emissions by implementing recommended reforms, as World Bank support continues to the second phase.