Burkina Faso: Budget 2025, a vision for rebuilding a resilient country
On December 23, 2024, the Transitional Legislative Assembly (ALT) unanimously approved the 2025 national budget, presented by Minister of Economy and Finance, Dr. Aboubakar Nacanabo. Designed to address pressing national challenges, this financial plan underscores the government’s commitment to strengthening state institutions and enhancing the country’s resilience.
The 2025 budget sets revenues at 3,149.8 billion FCFA, reflecting a 3.9% increase from 2024. Projected expenditures amount to 3,612.3 billion FCFA, leaving a budget deficit of 462.a5 billion FCFA and savings of 559 billion FCFA.
Key Budget Priorities
- National Security:
Nearly 28% of the budget is allocated to defense and security to ensure territorial protection amid ongoing threats. - Social Investment:
With over 40% of funds dedicated to social sectors, the government aims to bolster education (28.34%) and health (11.79%), fostering a stronger social safety net and national cohesion. - Rural Development:
Investment in agriculture, livestock, water resources, and environmental management has increased by 8 billion FCFA compared to 2024, accounting for 5.6% of the budget.
Modernization and Fiscal Efficiency
Efforts to modernize tax collection systems through digitization and stricter anti-corruption measures are central to boosting revenue. Dr. Nacanabo emphasized that the budget reflects a strategic approach to address socio-economic and security challenges while paving the way for sustainable development.
The government’s vision is clear: a prosperous, secure, and united Burkina Faso. The adoption of this budget marks a decisive step toward achieving that goal.
Olivier TOE
