Burkina Faso Records 89% Success in WAEMU Reforms Implementation

Ouagadougou: The President of the Commission of the West African Economic and Monetary Union (UEMOA), Abdoulaye Diop, announced during the 11th Annual Review of UEMOA Community Reforms, Policies, Programs, and Projects in Burkina Faso that the nation has achieved an impressive implementation rate of 89% for the year 2025. The event, held in Ouagadougou, was attended by the Minister of Economy and Finance alongside other government officials.

According to Burkina Information Agency, Abdoulaye Diop highlighted that the evaluation encompassed 145 reforms executed in 2025, a notable increase from 132 reforms in 2024. This progress facilitated Burkina Faso in significantly advancing its adherence to the community texts set by the UEMOA institution.

Diop further elaborated that there has been observable consistency in various sectors, including financial governance, the common market, and the real sector. He commended Burkina Faso's outstanding performance and conveyed his satisfaction to the country's top authorities.

Despite the commendable results, Dr. Aboubakar Nacanabo, the Minister of Economy and Finance and President of the Council of Ministers of the WAEMU, acknowledged certain areas needing improvement to ensure the full application of WAEMU texts. "It is important that the texts we have adopted within the space can be applied in our countries," he emphasized.

He further explained that the adoption of these texts by member states is pivotal to enhancing integration and combating poverty within the WAEMU region. Dr. Nacanabo also underscored the 11th review as a crucial exercise to assess achievements and identify areas requiring further development.

The outcomes of this comprehensive review will be compiled into a memorandum and presented to the Prime Minister.