IMF unlocks $32.8m for Burkina Faso as insecurity rattles mining sector

• GDP growth hit 5.0% in 2024, but outlook dims amid security and investment risks
• Gold output disrupted by terrorism, rising costs, and mining sector exits

Ouagadougou, Burkina Faso – The International Monetary Fund has completed the third review of Burkina Faso’s Extended Credit Facility programme, unlocking $32.8 million in fresh funding despite a worsening security landscape and falling investment in the gold sector. The latest disbursement, announced Friday, brings total IMF support under the arrangement to $131.3 million.