W, PCA, UN,
UNCTAD, UNESCO, UNIDO, UNOCI, UPU, WADB (regional), WAEMU, WCL, WCO,
WFTU, WHO, WIPO, WMO, WToO, WTO

Diplomatic representation in the US:
chief of mission: Ambassador Tertius ZONGO
chancery: 2340 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 332-5577
FAX: [1] (202) 667-1882

Diplomatic representation from the US:
chief of mission: Ambassador Anthony HOLMES
embassy: 602 Avenue Raoul Follereau, Koulouba, Secteur 4
mailing address: 01 B. P. 35, Ouagadougou 01; pouch mail - U. S.
Department of State, 2440 Ouagadougou Place, Washington, DC
20521-2440
telephone: [226] 306723
FAX: [226] 303890

Flag description:
two equal horizontal bands of red (top) and green with a yellow
five-pointed star in the center; uses the popular pan-African colors
of Ethiopia

Economy Burkina Faso

Economy - overview:
One of the poorest countries in the world, landlocked Burkina Faso
has few natural resources and a weak industrial base. About 90% of
the population is engaged in subsistence agriculture, which is
vulnerable to harsh climatic conditions. Cotton is the key crop and
the government has joined with other cotton producing countries in
the region to lobby for improved access to Western markets. GDP
growth has largely been driven by increases in world cotton prices.
Industry remains dominated by unprofitable government-controlled
corporations. Following the African franc currency devaluation in
January 1994 the government updated its development program in
conjunction with international agencies; exports and economic growth
have increased. The government devolved macroeconomic policy and
inflation targeting to the West African regional central bank
(BCEAO), but maintains control over microeconomic policies,
including reducing the trade deficit and implementing reforms to
encourage private investment. The bitter internal crisis in
neighboring Cote d'Ivoire continues to hurt trade and industrial
prospects and deepens the need for international assistance.

GDP (purchasing power parity):
$15.74 billion (2004 est.)

GDP - real growth rate:
4.8% (2004 est.)

GDP - per capita:
purchasing power parity - $1,200 (2004 est.)

GDP - composition by sector:
agriculture: 39.5%
industry: 19.3%
services: 41.3% (2004 est.)

Labor force:
5 million
note: a large part of the male labor force migrates annually to
nei