Burkina Faso/Economy: Captain TRAORE and his Government are committed to revitalizing key sectors
Since the rise to power of Captain Ibrahim Traoré and his team, the strategic sectors of the Burkinabe economy have been undergoing a revolution one after another. From agriculture and livestock, to mining and energy, as well as transport, industry, and tourism, all of these sectors are receiving particular attention from the Burkinabe authorities.
Thanks to the policy of endogenous development, which calls for the effective and efficient exploitation of the country’s potential, President Ibrahim Traoré and his government are deeply committed to the strategic sectors of the nation. To date, significant progress is being made, leading to a drastic improvement in these sectors and accelerating the country’s economic growth.
The decision by the Council of Ministers to establish a National Agency for the Promotion of Tourism, or Faso Tourism, along with the Burkinabe Agency for Cinema and Audiovisual, aligns with this vision, a vision aimed at revitalizing key sectors to allow them to fully play their role as drivers of the national economy. This move reflects the determination of the Burkinabe government, under Captain Ibrahim Traoré’s leadership, to grant the country true economic sovereignty.
These sectors are indeed vital engines of development, with tourism alone contributing over 2.1% to Burkina Faso’s GDP, according to official data. It is worth noting that, just like tourism and cinema, which are set for significant transformation thanks to the authorities’ innovative measures, other key sectors of the economy are already benefiting from intense actions aimed at their revolution and development for the well-being of the Burkinabe people.
Indeed, many Burkinabe citizens, inspired by this dynamic, are actively engaging in these sectors in search of financial autonomy. This also plays in favor of the financial inclusion that the authorities aim to promote, with the goal of building a fully sovereign and prosperous Faso.