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Burkina: The nationalization of the BCB and the 2024 hajj on the newspaper menu


The newspapers in their publications this Thursday deal with the 2024 Hajj and the nationalization of the Commercial Bank of Burkina (BCB).

‘The government nationalizes the BCB,’ headlined the private newspaper Le Pays, while reporting that the government’s decision comes following the refusal of the Libyan partner to finance the bank, contenting itself with paying its share of the action.

According to the Minister in charge of the Economy, this nationalization will allow the BCB to be in line with the requirements of banking regulations in the West African Monetary Union area with a view to ensuring better governance.

The private daily, L’Observateur Paalga, which displays “Nationalization of the Commercial Bank of Burkina”, reported that according to the minister’s words, Burkina denounced the agreement of the convention creating the bank on December 12 2023.

This denunciation, indicated L’Obs, rendered the previous provisions obsolete, thus allowing our country to give a new direction to this financial
institution.

As for the state daily Sidwaya, it mentioned on its front page that ‘The government nationalizes the commercial bank of Burkina, taking up the report relating to the council of ministers relating to this decision.

The 2024 Hajj is the other subject which caught the attention of the newspapers in their publications of the day.

As such, Le Pays writes on its front page: ‘Clandestine’ pilgrims warned.

According to the private daily, these clandestine pilgrims, defining themselves as all those who have non-hajj visas, make the work of the organizing committee difficult.

For this, the Federation of Islamic Associations of Burkina (FAIB) called on agencies and authorities to denounce the perpetrators of this practice, the daily said.

According to the newspaper L’Observer Paalga which marks on its front page “Hajj 2024: practical solutions and innovation for a successful pilgrimage”, the minister in charge of religion and the organizing committee of the hajj shared on some possible solutions this
May 22, 2024, one day before the inaugural flight.

According to the press organ, it was proposed, among other solutions, that pilgrims who do not have hajj visas should not have access to the site.

Pilgrims will also wear electronic bracelets to facilitate emergency management and health care for pilgrims, supported L’Observateur Paalga.

Source: Burkina Information Agency

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