The World Bank Group FOR OFFICIAL USE ONLY Report No.CPF0000054 INTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL FINANCE CORPORATION MULTILATERAL INVESTMENT GUARANTEE AGENCY COUNTRY PARTNERSHIP FRAMEWORK FOR BURKINA FASO FOR THE PERIOD FY26-FY31 March12, 2026 Burkina FasoCountryOfficeWorld BankWestern and Central Africa Region The International Finance CorporationAfrica RegionPublic Disclosure Authorized The Multilateral Investment Guarantee Agency This document has a restricted distribution and may be used by recipients only in the performance of theirofficial duties. Its contents may not otherwise be disclosed without World Bank Group authorization. The date of the last Performance and Learning Review(PLR)wasMarch18, 2025. CURRENCY EQUIVALENTS(Exchange Rate Effective as of February 28, 2026)Currency Unit: West African CFA franc (XOF)US$1 = XOF 555 FISCAL YEAR(FY)January 1–December 31 ABBREVIATIONS AND ACRONYMS CPFCountry Partnership FrameworkFCVFragility, Conflict and ViolenceFYFiscal YearGDPGross Domestic ProductIDAInternational Development AssociationIFCInternational Finance CorporationM300Mission 300MIGAMultilateral Investment Guarantee AgencyMSMEMicro Small Medium EnterprisePRAPrevention and Resilience AllocationSCScorecardWBGWorld Bank Group COUNTRY PARTNERSHIP FRAMEWORKFOR BURKINA FASOFY26-FY31 From Fragility to Stability:Jobs,Inclusion,and Resilience 1.The World Bank Group (WBG) Country Partnership Framework (CPF)forFY26-FY31supportsBurkina Faso’s recovery from persistent instability by advancing key national development prioritiesoutlined intheGovernment's National Development Plan.1It operationalizes the WBG 3-by-5 JobsFramework, tailored to country context, and leverages flagship platforms to drive transformational impactininclusive education and health(UHC and AIM2030),energy(Mission 300),and agriculture(AgriConnect). The program is underpinned by reforms to strengthen the regulatory environment andmobilize private capital. Aligned with the refreshed WBG Fragility, Conflict, and Violence (FCV) Strategy,the CPF supports government-led reforms in health, agriculture, and energy to reduce FCV risks and deliverresults. Effective implementation of these reforms will help advance Burkina Faso toward greater stability,shared prosperity, and self-reliance. 2.Structural vulnerabilities continue to underpin Burkina Faso's fragility.Agriculture—thelivelihood of 80 percent of the population—and low-productivity services dominate the economy, whileheavyreliance ongold exportsexposesthecountryto commodity price volatility and climatic shocks.Jobcreationis not keeping pace with the growing working-age population,limiting access to decent employmentand heighteningrisks ofyouth radicalization. Climate impacts arewidespread, and although conflictfatalities declinedin2025,keyFCV driverspersist, includingcompetition over natural resources,unequalaccess to public services,rising urbanvulnerabilities, andweaknesses in thejustice system. Geopoliticalshiftshavefurtherstrainedregional alliances and relationships withtraditionaldevelopment partners. 3.The political transition in 2022 marked a pivotal shift in Burkina Faso’s response toitssecurityanddevelopment crisis.Prior to the deterioration in security,the country had achieved relativemacroeconomic stability,withGross Domestic Product (GDP)growth averaging about6 percent between2005 and 2013, supported by sound fiscal management and sustained aid inflows.Armed group activityintensified from2016andescalated sharply from 2019,triggeringlarge-scale displacement, disruption ofbasic services,risingfood insecurity, andincreasedpoverty, reversing earlier development gains.This periodof mounting fragility culminated in two unconstitutional changes of government in 2022. Despite reducedengagement by some partners, the Government continued to implement a substantial WBG-financedprogram,delivering results in electricity access,regional connectivity,and support to vulnerablepopulations.2Four years of Prevention and Resilience Allocation (PRA) eligibility3further enabled astrategic shift toward stabilization, social protection, and service delivery, alongside sustained policydialogue on security, justice, and social cohesion. 4.Four years into its political transition, Burkina Fasohas made measured progresson criticalreforms, contributing to animproved development and security trajectory.Violent incidents andfatalities have declined since peaking in 2023, though levels remain high. The transitional government hasarticulateda longer-term development vision,anchored in conflict prevention and reforms acrossgovernance, public finance, and economic inclusion. Tax policy and administration reforms have boostedrevenues, enabling increased security spending, while continued access to regional capital markets hashelped offset declining grants. Economic growth is projected to rise modestly from 4.9 percent in 2024 to5.0 percent by 2027, supporting a reduction i