Food Security and Health Services Accessibility in Burkina Faso
4
•
Background (cont.)
Though the human cost of Covid-19 in Burkina
Faso is still limited, the immediate economic
cost is likely to be significant.
• The WB is projecting a negative growth due to
the COVID-19.
•
.
Beyond the health response, the Authorities
are yet to design and implement emergency
measures to mitigate socio-economic impact of
COVID-19.
Other countries around the World are taking
bold actions such as:
3.0
World Bank GDP growth projections in 2020
2.0
2.0
1.0
0.0
0.5
0.1
-0.3
-1.0
-2.0
-3.0
-3.3
-4.0
-1.4
2.1
-0.7
-0.8
-0.8
•
Scaling up of existing social protection
•
Providing unemployment benefits
• tax relief
• Etc.
Industry
Services
Net taxes
Contribution to GPD growth
No Shock
Pessimist scenario
Agriculture
GDP growth
Source: World Bank, Economic Update (June 2020)View entire presentation