For Burkina Faso as one of the poorest countries in the world, high demographic growth and non-inclusive development are major constraints to poverty reduction. The economy relies heavily on output of the rainfall-dependent agricultural sector – cotton and livestock – which is vulnerable to climate change. EU assistance largely focuses on improving basic services, infrastructure and inter-connectivity and supporting good governance.
The Country Strategy Paper for Burkina Faso (2008-13) and a multi-annual indicative programme detailed cooperation priorities for a €708 million allocation under the 10th European Development Fund (EDF).
10th EDF assistance has being used to upgrade road networks, provide increased and better access to water and sanitation, as well as promote renewable energy sources. It is also improving political, democratic and local governance. In addition, the EU has used budget support to back the government’s macroeconomic reform programme for poverty reduction.
Additional funds to speed up the country’s progress on the Millennium Development Goals – specifically health, education, sanitation and food security – were granted as an outcome of the Cotonou Agreement’s 2010 mid-term review, producing encouraging results in all the supported sectors.