1. FOREIGN AID PRESENTATION
GLBL 298 – BURKINA FASO
FOREIGN AID PRESENTATION

2. INTRODUCTION
-Burkina is a landlocked country with few natural resources
-In the region, it is still the most peaceful country and was not engulfed by war
-Chief exports are cotton and gold
-GDP growth is good
-Human Development Index is ranked 183 out of 186, which is bad

3. HISTORY OF FOREIGN AID
Burkina initially sought aid for its internal problems.
Historical major donors have been mostly from the EU and the US
Burkina is highly dependent on foreign aid

5. WORLD BANK
Projects are centered to increase business atmosphere and overall economic development
Trying to make communities self sustaining
Committed $1.147 billion
Supported major water projects
Supporting power and infrastructure projects currently

6. U.S AID
Ended official presence in 1995, albeit taking an active role there afterwards
USAID program in 2004 allocated $15 million
Helping counter terrorism and border security
Focus on community issues
Success due to Burkina being a peaceful country
USAID is also conducting some political lobbying

7. IMF Began in 1963 IMF disburses $10 million per year
Engaged in a new development strategy called SCADD
Aiming to increase growth rate and job intensification

8. European Union
EU’s presence in Burkina is mostly through European Commission
Constant support through the European Development Fund
EC assistance aims to improve infrastructure, and also for poverty reduction
EU also helps Burkina via the general budget support.

9. Millennium Challenge Corp
Created in 2004 by congress
Conducted a myriad of projects in Burkina
Project results are very positive

10. Peace Corps Entered in 1966, phased out in 1987, returned in 95.
Ended when Burkina asked Peace Corps to cease sending volunteers
Had 1830 volunteers, currently 150 serve
All Peace Volunteers are involved in HIV/AIDS education

11. WATER-AID A non profit set up in England
Millions in Burkina lack proper water and sanitation facilities
Water presence in Burkina started in 2001 and increased in 2003.
Results are extremely positive

12. CONCLUSION GDP growth increase is evident
Water accessibility has spread
Road accessibility has improved
Education rates remain low