The World Bank's Board of Executive Directors has approved a total of US $85 million in IDA* financing for Burkina Faso to help expand electricity access to communities, especially in rural areas, and boost growth in agriculture and livestock as part of the country's development strategy to reduce poverty and improve shared prosperity.
"Despite general political stability and solid macroeconomic management, Burkina Faso hasn't experienced broad-based private-sector growth or widespread employment creation," says Mercy Tembon, World Bank Country Manager for Burkina Faso. "By improving electricity access, agriculture and livestock productivity, today's financing approval will help to create more jobs, cut poverty, and improve the lives of families throughout Burkina Faso."
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