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Policy Framework for Investment in Agriculture in Burkina Faso

image of Policy Framework for Investment in Agriculture in Burkina Faso

Burkina Faso is the first country to apply the OECD Policy Framework for Investment in Agriculture to assess its policies to attract and benefit from investment in the sector. This whole-of-government assessment involved 17 Ministries and institutions, as well as the private sector, and has identified short- to medium-term measures to improve and strengthen the country's capacity for policy design.

 

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Policy framework for investment in agriculture in Burkina Faso

Over the past ten years, Burkina Faso’s government has made great strides in creating a policy environment conducive to domestic and foreign investment, particularly in the agricultural sector. This chapter assesses Burkina Faso’s progress in developing a Policy Framework for Investment in Agriculture and describes: efforts to introduce a simple and transparent legislative and regulatory framework; reforms to improve public sector integrity and the quality of business regulation; initiatives to meet the challenge of access to land; efforts to consolidate regional integration, modernise infrastructure and the financial sector, and enhance human resource development. This chapter also identifies the key challenges faced in each of these areas and proposes concrete measures for addressing them. The chapter is structured around the elements and questions raised in the Policy Framework for Investment in Agriculture, in which each section is preceded by a question establishing the general framework for the review of the relevant policy area.

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