Burkina Faso: Under president Ibrahim Traoré’s leadership, Growth poles as pillars of endogenous and sustainable development

In line with President Ibrahim Traoré’s vision for the endogenous and sustainable development of Burkina Faso, several ambitious initiatives are being implemented to achieve this goal, aiming for the happiness of all Burkinabe, regardless of social class. Among these initiatives, the National Steering Committee for Growth Poles (CNPPC) plays a central role.

The CNPPC is tasked with developing an effective strategy for mobilizing endogenous financial resources. The goal is to ensure sustainable financing for growth poles to increase their contribution to national sovereignty. This approach strengthens the country’s financial autonomy and supports its development sustainably.

Under the direction of the CNPPC, concrete results have been observed in certain growth poles, notably those of Bagré and Samendéni.

The Burkinabe government actively encourages private sector actors, particularly banks, to invest in growth poles. This collaboration offers a dual opportunity: allowing investors to make profits while supporting state development actions. By investing in these poles, banks and other private enterprises contribute not only to economic growth but also to poverty reduction and the improvement of living conditions for Burkinabe.

Thanks to President Ibrahim Traoré’s vision and the initiatives of the CNPPC, Burkina Faso is on the right track to achieving endogenous and sustainable development. The already visible results in growth poles like Bagré and Samendéni testify to the effectiveness of this strategy.

The private sector’s engagement in this process is also crucial for ensuring inclusive and sustainable growth. The concerted efforts of the government and private actors promise a prosperous future for all Burkinabe.

Read also: Burkina Faso: Providing equipment and inputs to producers, towards Food Self-Sufficiency under President Ibrahim Traoré

KARIM