National government/private sector meeting: Recommendations for a more competitive private sector

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The business community has brought its concerns to the government in order to make the private sector more competitive.

The 21st edition of the National Government/Private Sector Meeting (RGSP) of the Public-Private Consultation Framework (CC-PP) was held from November 22 to 23, 2024 in Bobo-Dioulasso under the theme: “Contribution of national investors in endogenous initiatives for development and consolidation of the economic sovereignty of Burkina Faso”. At the end of the discussions, the two parties adopted several recommendations and resolutions.

Economic actors from the private sector and the government met from November 22 to 23, 2024 in Bobo-Dioulasso as part of their national government/private sector meeting (RGSP) of the Public-Private Consultation Framework (CC-PP). For this 21e edition, the two parties exchanged under the theme: “Contribution of national investors in endogenous initiatives for development and consolidation of the economic sovereignty of Burkina Faso”.

The president of the Chamber of Commerce and Industry of Burkina, Mahamadi Sawadogo wished for a sacred union around the main orientations of the Head of State and the government for a stabilization of the country and a revival of economic activity.

On occasion, representatives of private sector professional organizations each raised residual concerns and made recommendations. The complaints concern, among other things, the weakness of support systems for youth initiatives in industry and the informal sector, the high cost and low availability of energy, the persistence of farm-gate purchases, the low digitalization of procedures for issuing business licenses, particularly for business creation and construction acts, or the insufficiency of infrastructure supporting industry, agriculture and the cultural and creative industry.

To all these concerns, the members of the government present at the meeting each provided, according to their areas of expertise, responses concerning in particular the digitalization of administrative procedures, the availability of energy and the cost of production factors, access to land resources for investment projects, or the settlement of domestic debt.

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3000 billion to pay off the domestic debt

Regarding this last concern, the government reassured that it has already paid 3,000 billion FCFA since the start of the year. These payments are intended to provide relief to businesses and stimulate economic activity. Additional efforts, according to the government, are underway to mobilize the resources necessary to clear the remaining domestic debt.

The Prime Minister and members of his government have reassured the private sector that the proposals will be translated into concrete actions.

At the end of the two days of discussion, the participants formulated several recommendations. They asked to encourage greater participation of the diaspora in local development initiatives, to reform the system of production, processing and marketing of livestock products for better valorization, or to intensify efforts to guarantee agricultural production continues throughout the year.

At the close of the meeting on November 23, 2023, the president of the Chamber of Commerce and Industry of Burkina, Mahamadi Sawadogo underlined that the concerns which were the subject of exchanges during this meeting also reflect the extent challenges facing our country, particularly in areas with high security challenges. These exchanges, he added, also highlighted the resilience capacities of our country and the imperative need for a sacred union of the sons of our nation around the main orientations of the Head of State and the government to a stabilization of the country and a revival of economic activity. He reassured the government of the availability of economic operators to support it in the rigorous implementation of various recommendations.

For the Minister in charge of commerce, industry and crafts, Serge Poda, the discussions made it possible to propose solutions capable of meeting the multiple challenges linked to the development and consolidation of the economic sovereignty of Burkina Faso.

Prime Minister Apollinaire Joachimson Kyelem de Tambela, through his Minister of Industry, Commerce and Crafts, Serge Poda, reassured that the proposals resulting from this meeting will be translated into concrete actions through a plan of action. actions which will be adopted by the national steering committee of the public-private consultation framework. “The implementation of this action plan will undoubtedly contribute to the achievement of the development objectives pursued by my government, notably through the strengthening of good governance and the continuous improvement of the business environment,” said suggested the Prime Minister.

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