Alama ReportBurkina Faso
Burkina Faso · From Edition № 002 · Macro & prices

Burkina Faso October revenue exceeds forecast by 27%, minister says

27%

Burkina Faso's government collected 422bn FCFA (€643mn) in revenue in October, against an initial forecast of 333bn FCFA (€508mn), Finance Minister Aboubakar Nacanabo said on November 2, according to the state daily Sidwaya. He also cited 143bn FCFA (€218mn) raised on the financial market against a target of 100bn FCFA (€152mn), although Sidwaya's report does not say whether that amount covers October alone.

Analysis: The minister's figures imply an 89bn FCFA (€136mn) revenue overshoot, or 27%, but no ministry document confirms the total or defines what it includes. A separate market-financing claim also conflicts with published auction results: UMOA-Titres records one October auction, raising the planned 40bn FCFA (€61mn). If the reported 143bn FCFA refers solely to October, approximately 103bn FCFA (€157mn) must have come from other operations, by our calculation. The budget execution report should clarify the figures. Another 30bn FCFA (€45.7mn) auction was scheduled for November 4.

Source: Éditions Sidwaya (state daily), Sidwaya, 'Montée des couleurs au Ministère de l'Economie et des Finances : « Chaque franc mobilisé doit contribuer à améliorer les conditions de vie des Burkinabè », dixit Dr Aboubakar Nacanabo', November 2, 2026 (statement by the Minister of Economy and Finance; credited to DCRP/MEF), October 2026; UMOA-Titres (regional agency for public securities), UMOA-Titres, Compte rendu d'adjudication BF ES 07.10.2026, Auction of 7 Oct 2026; UMOA-Titres (regional agency for public securities, Dakar), UMOA-Titres, Bulletin des statistiques du marché des titres publics, T3 2026 (76 pages, posted October 19, 2026), Q4 2026

Euro equivalents use the fixed parity of 655.957 FCFA per euro. Every figure comes from the official source named under it. Spotted an error? Write to info@alamareport.com; corrections run in the next issue.

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