Ouagadougou: The Minister in charge of Trade, Serge Poda affirmed Thursday that 19 public companies in Burkina Faso achieved a cumulative turnover of more than 1910 billion in 2023 compared to 1694 billion 473 million FCFA in 2022, an increase of 12.76%.
The Minister in charge of trade and industrial development, Serge Poda, indicated Thursday that the financial results of state companies for the year 2023 are green despite the security challenge, with a total turnover of 1910 billion 743 million compared to 1694 billion 473 million FCFA in 2022, an increase of 12.76%.
The minister spoke in Ouagadougou, during the official opening ceremony of the 32nd session of the General Assembly of State companies and Public Social Welfare establishments, chaired by the Head of Government, Dr Apollinaire Kyelem de Tambèla.
With this performance, ‘The contribution of state companies to the formation of the Gross Domestic Product (GDP) increased from 238 billion 516 million in 2022 to 261 billion 979 million CFA francs i
n 2023, an increase of 23.463 billion CFA francs. CFA in absolute value,’ declared Minister Poda.
While congratulating the actors for the results achieved, the Prime Minister, Dr Apollinaire Kyelem de Tambèla, urged the actors to make public enterprises engines of social cohesion and economic growth.
Source: Burkina Information Agency