Burkina Faso - Accelerated Growth Strategy and Business Environment Support Programme (PASCACAF)

The Accelerated Growth Strategy and Business Environment Support Programme (PASCACAF) was designed by the Government of Burkina Faso to avoid any instability that might result from the recent events of February-May 2011. PASCACAF is the African Development Bank's sixth general budget support programme for Burkina Faso, scheduled for implementation over the 2011-2012 period under the General Arrangement on Budget Support. It follows on from previous budget support programmes (PRSSP I to V) supported by the Bank and other multilateral donors, including the World Bank and the European Union. The PASCACAF has two components: (a) the creation of conditions conducive to economic growth and diversification, and (b) the strengthening of financial and economic governance.