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The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso - Foreign Affairs - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsThe IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso (9638 Views)

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The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Slytiger(op): 7:57pm On Jun 25, 2025
The IMF has approved the disbursement of $32.8 million to Burkina Faso to support agricultural production. This brings the total amount provided by the IMF since the coup to $131.3 million.

The IMF Executive Board completed today the third review under the Extended Credit Facility Arrangement for Burkina Faso. This enables an immediate disbursement of about US$32.8 million.

Supportive policies and favorable weather conditions boosted agricultural output in 2024; however, widespread insecurity continues to weigh on economic activity in other sectors, especially gold mining, the primary source of export earnings for the country.

Program performance has been broadly satisfactory. While end-December 2024 performance criteria for the primary fiscal deficit and net domestic financing were missed by 0.6 percent of GDP, the 2025 budget includes adequate corrective measures. On this basis, the Executive Board approved waivers of nonobservance of these performance criteria. All continuous performance criteria were met. Seven out of eight structural benchmarks were achieved, with the remaining one implemented later as a prior action.

Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed the third review under the 48-month Extended Credit Facility (ECF) arrangement that was approved on September 21, 2023. The completion of the review enables the immediate disbursement of SDR 24.08 million (about US$32.8 million), bringing total IMF financial support under the arrangement to SDR 96.32 million (about US$131.3 million).
https://www.imf.org/en/News/Articles/2025/06/20/pr-25211-burkina-faso-imf-completes-the-3rd-review-under-the-ecf-arrangement

Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Enugurangers: 8:00pm On Jun 25, 2025
So he has actually been borrowing money since the coup. This guy has used propaganda to wound people in Africa grin
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Moroccoguy: 8:05pm On Jun 25, 2025
No country can survive without load, America is the head boy of debtors.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by richmond500: 8:06pm On Jun 25, 2025
So wetin concern Nigeria if Burkina Faso collect loan?
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Babangidapikin: 8:24pm On Jun 25, 2025
I believe Nigeria can offer him $200 million loan for infrastructure development, if he allows our companies do 80% of the construction and development work ...
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Enugurangers: 8:26pm On Jun 25, 2025
Moroccoguy:
No country can survive without load, America is the head boy of debtors.
Propaganda was pushed to make it look like Burkina Faso had been self reliant since he pushed out western countries.

Unknown to people, he has been collecting loans from same western country IMF.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by mrvitalis(m): 8:34pm On Jun 25, 2025
Enugurangers:
So he has actually been borrowing money since the coup. This guy has used propaganda to wound people in Africa grin
The ignorance of APC guys is too obvious ... Once u see their comments you know

His country has a better GDP per capita than nigeria

This currency Performs better than your currency

His approval rating is more than your president

GDP growth is more than your country

Yet you think is propaganda?

Victims of propaganda are usually the ones to call other things propaganda
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Putindbutt(m): 9:23pm On Jun 25, 2025
mrvitalis:
The ignorance of APC guys is too obvious ... Once u see their comments you know

His country has a better GDP per capita than nigeria

This currency Performs better than your currency

His approval rating is more than your president

GDP growth is more than your country

Yet you think is propaganda?

Victims of propaganda are usually the ones to call other things propaganda
O boy, go & donate o, to your beloved Burkina Faso and stop being a social media activist.

Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by mrvitalis(m): 9:30pm On Jun 25, 2025
Putindbutt:
O boy, go & donate o, to your beloved Burkina Faso and stop being a social media activist.
Nigeria have farm more IDP than the whole west Africa combined

World Bank havw warned of potential millions at risk of hunger but na you don't see that

You APC supporters are funny

Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Sheuns(m): 10:44pm On Jun 25, 2025
Moroccoguy:
No country can survive without load, America is the head boy of debtors.
That is what they have made many believe. A country with human and mineral resources will survive without loans.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Mynd44(mod): 11:01pm On Jun 25, 2025
How much of that loan is going to Nigerian social media influencers paid to post lies praising the dictator?
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Osiris12: 11:02pm On Jun 25, 2025
Putindbutt:
O boy, go & donate o, to your beloved Burkina Faso and stop being a social media activist.
see as dem roast you now.

Get your facts right before posting anything okay!
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by iykololo(m): 4:23am On Jun 26, 2025
Slytiger:
The IMF has approved the disbursement of $32.8 million to Burkina Faso to support agricultural production. This brings the total amount provided by the IMF since the coup to $131.3 million.



https://www.imf.org/en/News/Articles/2025/06/20/pr-25211-burkina-faso-imf-completes-the-3rd-review-under-the-ecf-arrangement
Tinubu will say 'you see, it is not only me'.

baba calm down!
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by TheStranger: 4:27am On Jun 26, 2025
I thought the president is doing well and doesn't need any loan/help from the west?
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by grandstar(m): 4:30am On Jun 26, 2025
mrvitalis:
The ignorance of APC guys is too obvious ... Once u see their comments you know

His country has a better GDP per capita than nigeria

This currency Performs better than your currency

His approval rating is more than your president

GDP growth is more than your country

Yet you think is propaganda?

Victims of propaganda are usually the ones to call other things propaganda
Their per capita income isn't higher than Nigerias. I doubt it's even up to half.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by ObiPandora: 4:35am On Jun 26, 2025
Havs you askwd qhom is the monwy bwing borrowed from then when all European n America countries are owing ?!

Moroccoguy:
No country can survive without load, America is the head boy of debtors.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Goodvibes007: 4:41am On Jun 26, 2025
TheStranger:
I thought the president is doing well and doesn't need any loan/help from the west?
The dictator president paid a lot of YouTube influencers, twitter influencers, and bloggers to lie to the world that it was doing extremely well since it kicked out France. But alas, the dictator has been collecting loans from IMF lol

Some of his propaganda videos below. You can see them saying he rejected imf financial aid in one video and kicked them out in another grin

Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by acmev2(m): 4:54am On Jun 26, 2025
At last, he finally knelt down to the West...something he said he will never do.
.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Bar1941(m):
mrvitalis:
The ignorance of APC guys is too obvious ... Once u see their comments you know

His country has a better GDP per capita than nigeria

This currency Performs better than your currency

His approval rating is more than your president

GDP growth is more than your country

Yet you think is propaganda?

Victims of propaganda are usually the ones to call other things propaganda
This is why your third class mediocrity of a candidate always fail. Did the person you quoted make any comparison between Nigeria and Burkinafaso? He only condemned Traore for acting as if he had nothing to do with the West.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by ICANLecturer(m): 5:14am On Jun 26, 2025
The guy don finally enter trap
IMF is "Afunileyin gba odidi adiye lowo eni"
If IMF borrow you loan, your economy is gone forever.
Their conditionality is to bastardize your economy.

Nigeria is still battling with the effects of IMF loans till tomorrow.....
May God deliver Africa
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Dzzzz: 5:16am On Jun 26, 2025
Bar1941:
This is why your third class mediocrity of a candidate always fail. Did the person you quoted make any comparison between Nigeria and Bokinafaso? He only condemned Traore for acting as if he had nothing to do with the West.
With your first class mediocrity you still can’t spell Burkina Faso 👀..
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by huptin(m): 5:24am On Jun 26, 2025
Dzzzz:
With your first class mediocrity you still can’t spell Burkina Faso 👀..
I never believed all those propaganda.. He is simply using the same play book used by previous dictators to perpetuate himself in power.

If you read historical books, you would have never been deceived one bit by all the lies and propaganda
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by OnionBandit(f): 5:31am On Jun 26, 2025
I thought they said Burkina faso is now self sufficient cheesy grin
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by OnionBandit(f): 5:34am On Jun 26, 2025
Goodvibes007:
The dictator president paid a lot of YouTube influencers, twitter influencers, and bloggers to lie to the world that it was doing extremely well since it kicked out France. But alas, the dictator has been collecting loans from IMF lol

Some of his propaganda videos below. You can see them saying he rejected imf financial aid in one video and kicked them out in another grin
You ll be shocked to know he never paid shishi to those influencers, and that most of them are Nigerians. The people who want military takeover because their Temu Messiah lost
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Tareq1105: 5:39am On Jun 26, 2025
richmond500:
So wetin concern Nigeria if Burkina Faso collect loan?
I thought Russia supposed to give them free money considering their closeness.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by Tareq1105: 5:43am On Jun 26, 2025
mrvitalis:
The ignorance of APC guys is too obvious ... Once u see their comments you know

His country has a better GDP per capita than nigeria

This currency Performs better than your currency

His approval rating is more than your president

GDP growth is more than your country

Yet you think is propaganda?

Victims of propaganda are usually the ones to call other things propaganda
You can relocate there and it's only then you will realise that your freedom of speech is not guaranteed.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by JuanDeDios: 5:46am On Jun 26, 2025
Moroccoguy:
No country can survive without load, America is the head boy of debtors.
So why the lies about Traore and his Burkina Faso not taking loans
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by JuanDeDios: 5:50am On Jun 26, 2025
Goodvibes007:
The dictator president paid a lot of YouTube influencers, twitter influencers, and bloggers to lie to the world that it was doing extremely well since it kicked out France. But alas, the dictator has been collecting loans from IMF lol

Some of his propaganda videos below. You can see them saying he rejected imf financial aid in one video and kicked them out in another grin
It's Russian disinformation bots spreading pro-army rule propaganda. People don't know what we're up against. Even educated Africans are falling for it.
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by SmartyPants(m): 5:54am On Jun 26, 2025
mrvitalis:
The ignorance of APC guys is too obvious ... Once u see their comments you know

His country has a better GDP per capita than nigeria

This currency Performs better than your currency

His approval rating is more than your president

GDP growth is more than your country

Yet you think is propaganda?

Victims of propaganda are usually the ones to call other things propaganda
What a boldfaced lie! You think Nairaland is one of those your WhatsApp groups where you people deceive each other? cheesy

Nigeria's GDP per capita is twice that of Burkina Faso!
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by SmartyPants(m): 5:55am On Jun 26, 2025
Moroccoguy:
No country can survive without load, America is the head boy of debtors.
But I thought IMF loans were only for western stooges?
Re: The IMF Has Approved The Disbursement Of $32.8 Million Loan To Burkina Faso by NairaLikes: 5:57am On Jun 26, 2025
Africa can never be sustainable when we can't process what we produce and can't research and build solutions to our unique problems. Human development is the key to a sustainable country and not by propaganda.
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