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ECONOMY

 

Burkina Faso has a high population density, is landlocked, has a fragile soil, lacks natural wealth and the heart of the economy, agriculture is vulnerable to the rains. All these reasons have put it in the list of some of the poorest nations in the world. Unprofitable government-controlled corporations dominate the industry. The African Franc devalued in January 1994 after which conjunction with international agencies with regards to development programmes has resulted in exports and economic growth. continued low inflation, reduction in the trade deficit, and reforms designed to encourage private investment. are essentiial to maintain this progress shown in 2001-2002.


QUICK FACTS
Capital: Ouagadougou
Population: 12,272,289
Location: Western Africa, north of Ghana
Geographic coordinates: 13 00 N, 2 00 W
Area: total:  274,200 sq km
land:  273,800 sq km
water:  400 sq km
The international time zone is Greenwich - 1
The international dialling code is  +226
.  
From June 1995, visas are compulsory for entry into Burkina Faso. You can fly to this country by Air Afrique, Air France or Sabena ailrines.






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