The Burkinabé parliament, known as the Assemblée législative du peuple (ALP), has unanimously adopted the 2026 supplementary budget law. This new law includes an additional 301 billion FCFA in revenue. The increased funds will primarily be allocated to strategic investment expenditures. This development was announced by the Minister of Economy and Finance, Dr. Aboubakar Nacanabo, and his delegation.
According to Dr. Nacanabo, the need for a supplementary budget arose due to the successful execution of the 2026 budget. The mid-year report showed that revenue collection exceeded initial projections. The government aims to utilize these additional resources efficiently. The supplementary budget law allows for the allocation of extra funds to priority areas such as infrastructure and equipment.
The new law provides for significant investments in various sectors. These include infrastructure projects like the Bangr-wéogo initiative and the second phase of the SMART project. The SMART project enables the surveillance of cities and traffic through cameras, facilitating e-verbalization. The Minister emphasized that these investments will have a positive impact on the lives of Burkinabé citizens.
The adoption of the supplementary budget law also highlights a notable increase in budgetary savings. This increase stands at over 900 billion FCFA, representing a 35% rise compared to initial projections. This growth in savings provides the government with a larger margin to undertake strategic investments.
Dr. Nacanabo praised the revenue collection agencies for their good performance and commended taxpayers for their fiscal responsibility. He urged budget administrators to execute expenditures effectively. The goal is to ensure that every invested franc contributes to the qualitative transformation of the lives of Burkinabé citizens.
The supplementary budget law aligns with the government's RELANCE plan. This plan aims to stimulate economic growth and development in Burkina Faso. The Minister expressed satisfaction with the current achievements but emphasized the need for continued efforts to meet the country's significant development needs.
The implementation of this supplementary budget law is expected to boost economic growth and improve living standards. The government remains committed to mobilizing additional revenue and investing in strategic projects. This approach will help address the country's development challenges and promote sustainable growth.
Key points
- The Burkinabé parliament has unanimously adopted the 2026 supplementary budget law, which includes an additional 301 billion FCFA in revenue.
- The supplementary budget law provides for significant investments in infrastructure and equipment.
- The new law results in a notable increase in budgetary savings, standing at over 900 billion FCFA.
