PNDES

Development Partners Conference to build Burkina Faso, December 7 - 8 Paris Conference

Why this conference ?

The Paris Conference aims at federating friends and partners of Burkina Faso, both public and private investors, around the funding of the National Plan for Economic and Social Development – PNDES. This five-year plan embodies the ambitions of the people of Burkina Faso for the 2016 to 2020 period.

Learn more (French)

How can you participate ?

To take part in the Conference, you can either register on this website or consult our logistics info sheet HERE. On this website, you will find all the documents needed to better understand the goals and ambitions of the PNDES.

Register here (French)

Conference Venue

The Burkina Faso Development Partners Conference for the funding of the PNDES will take place on December 7 and 8, 2016 in Paris at the Etoile Saint-Honoré Conference and Reception Center situated on 21-25 rue de Balzac, 75008, Paris.

How to get here ?

The PNDES

Foundations and vision

The PNDES is a key component of the structural transformation of the Burkina Faso economy. Such transformation requires strong policies from the state and a very active role of the private sector in increasing productive investment in high-potential and innovative sectors, as well as in improving the quality of human capital.
The state, the private sector, and civil society, in their respective roles, must act in a complementary manner, rather than substituting one another. The state will help the market work better by creating the necessary institutions, which will help increase investor confidence and reduce transaction costs. This will take place through the implementation of coherent and effective sector policies with efficient modes of governance and attention to issues of equity and accountability for all development actors.

Guiding principles

Based on its vision, the principles that will guide the implementation of the PNDES are :
National leadership
Equity
Subsidiarity and partnership
Results-based management
Pro-activeness

Overall goal

The PNDES’ overall goal is to achieve the structural transformation of the Burkinabe economy to attain strong, sustainable, resilient and inclusive growth that creates decent jobs and improves social welfare.

Expected impacts

Based on the overall goal, the expected impacts of the PNDES are:
Governance

Governance improved effectiveness of political, administrative, economic, local and environmental governance Industry

Industry

The emergence of a modern economy based on a progressive and more competitive primary sector, processing industries and a more dynamic service sector to attain an annual economic growth rate of 7.7% and the creation of at least 50,000 decent jobs per year.

Poverty reduction

Poverty reduction reduce the poverty rate to less than 35% by 2020

Demographic growth

Demographic growth limit annual demographic growth to 2,7% by 2020

Human capital

Human capital accelerate the level of development of human capital

Sustainable development

Sustainable development transform modes of production and consumption for sustainable development

Structural transformation

The structural transformation of the economy that the PNDES aims to achieve by 2020 is built around the following:
Increasing value added in the primary sector thanks to improved productivity in this sector
The emergence of a modern economy based on industry and services
Improved urbanization
Acceleration of the demographic transition

Strategic focus areas to meet the challenge of structural transformation

Institutional reform and modernization of the public administration

This focus area aims at guaranteeing peace, security, justice and human rights, as well as increasing the efficiency and effectiveness of interventions by the state and its partners so as to foster new economic and social dynamics.

Human capital development

The PNDES aims to respond to human capital challenges by rapidly improving the quantity and the quality of human capital and ensuring the possibilities and conditions for employing and using that capital are place.

Boost sectors with strong economic and employment potential

This focus aims to have a positive influence on the structural dynamics of the economy through sectors with strong and sustainable potential to push economic and social development.

Funding scenarios

With the annual average growth target of 7.7% over the 2016-2020 period, the forecast scenario for the cost of the PNDES is estimated at XOF 15,395.4 billion, that is an annual cost of XOF 3,079.1 billion. 54.6% of this budget will be allocated to investment spending (including capital transfers), which corresponds to XOF 8,408.2 billion over the entire period, and XOF 1,681.6 billion per year.
Own resources will cover 63.8% of the costs (XOF 9,825.2 billion) and thus the need for additional funds stands at XOF 5,570.2 billion, or 36.2% of the total cost.

Other Documents

1 – Concept Note

The Concept Note presents a summary of the vision, goals and expected results from the Burkina Faso Development Partners Conference for the funding of the PNDES. It lays out the process undertaken for the drafting of the PNDES and highlights the three strategic focus areas that will guide investments over the 2016-2020 period. It also presents details on the budget, the funding strategy and the monitoring and evaluation mechanism.

2 – Business environment and private investment opportunities in Burkina Faso

This document on the business environment and private investment opportunities in Burkina Faso presents the regulatory framework for business in Burkina Faso, the institutional business environment, and the ease of doing business, and investment opportunities. It outlines measures to strengthen the legal security of investments, as well as key legal acts on investment orientation and on rural land tenure in accordance with international norms and standards.

3 – Public-Private Partnerships in Burkina Faso

PPPs are gaining ground in the funding scenarios of several structural projects. This document lays out the ambitions of the country on such partnerships, and the planned measures and key issues. It presents the legal, regulatory and institutional frameworks of PPPs, the conditions when PPPs are suitable, and how such partnerships should be implemented and monitored. It also gives an overview of on-going experiences of public operators working with national and foreign private partners.

4 – Achievements and prospects for governance in Burkina Faso

This document provides an overview of the current state of governance in Burkina Faso. With supporting statistics, it shows the progress made in the fields of political, administrative, economic and local governance. It also sets out, for potential future partners, the key actions needed to strengthen human capital and achieve the structural transformation of the country's economy.

5 – Information guide on Burkina Faso: land of people with integrity

Burkina Faso is situated in the heart of West Africa and has a surface area of 274,000 square kilometers, home to more than 18 million inhabitants. The information guide on the country presents the country's opportunities and strong points, and gives the reader information necessary for a successful stay or business investment in Burkina Faso.

6 – PNDES Summary Document

This document is the outcome of the drafting process and the adoption on July 20, 2016 of the National Plan for Economic and Social Development (PNDES). An inclusive and participatory document, the PNDES embodies the aspirations of the people of Burkina Faso for the 2016-2020 period. The document presents a diagnostic of the political, economic and social situation and the three main challenges for the sustainable structural transformation of the Burkinabe economy. These challenges are: good governance and improving the quality of institutions; the availability of qualified human resources needed for the structural transformation of the national economy; and the development of the productive base. The mechanisms for funding and for monitoring and evaluation are also presented.

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