Burkina-Faso: Banks contribute to the country’s development efforts
As part of the implementation of the action plan for the stabilization and development of the country, the President of the Transition and Head of State, Captain Ibrahim Traoré, held an exchange meeting with the banking actors. The aim of the initiative was to involve all these players in the process of restoring territorial integrity.
The exchange and consultation meeting with the professional association of banks and financial establishments in Burkina Faso, called by the President, is intended to lay the foundations for grassroots development, through the financing of projects undertaken by young people and women.
According to the Captain, national entrepreneurship must be supported, and financial institutions must play their part. To this end, they plan to create «a guarantee fund at government level, to enable the sound financing of these projects».
The banking actors welcomed the initiative, expressed their support for the President and took the opportunity to present the problems they face, in particular the impact of the difficult socio-economic context on the sector.
Praising their resilience in the face of the current situation, the executive promised to provide solutions by improving mobility and supply in the country. The association also reiterated its support for the State’s efforts to restore peace.
Nancy EMEKA
