The President of Faso, Captain Ibrahim TRAORE chaired the weekly Council of Ministers this Wednesday. According to the Minister of State, Government Spokesperson, Jean Emmanuel OUEDRAOGO, the Council examined several reports and made important decisions for the smooth running of the Nation.
Under the Ministry of Industry, Trade and Handicrafts, the Council adopted a decree establishing quotas for the removal of imports of similar products manufactured or produced at the national level. According to the Minister in charge of Industry, Serge Gnaniodem PODA, the adoption of this decree is in line with the vision of the President of Faso, who wants national production and the industrial transformation of national raw materials to be priorities.
This decree, he said, strengthens national sovereignty in terms of production, processing and availability of products, and constitutes clear support for the industry at the national level.
“Through the adoption of this decree which establishes quotas for imported prod
ucts, which are also manufactured nationally, it is a question of setting up a framework of significant support for national production through the establishment of outlets for products manufactured nationally,” specified Minister Serge Gnaniodem PODA.
On behalf of the Ministry of Economy and Finance, the Council adopted a report on the implementation situation of the budget and the State treasury. The Minister Delegate in charge of the Budget, Fatoumata BAKO/TRAORE, argued that this mid-term report shows a mobilization of resources of approximately 1,400 billion FCFA, i.e. an execution rate of 44.48%, against 1,700 billion FCFA in expenditure, i.e. an execution rate of 46%.
She indicated that the disbursements made under the treasury amount to approximately 1,834 billion FCFA against 1,831 billion FCFA for receipts.
“Overall, it appears that the mobilization of resources is below forecasts. This is partly explained by the difficulties encountered by the agencies, particularly at the level of the General D
irectorate of Taxes. Measures have been taken to resolve the difficulties,” concluded Ms. Minister Delegate in charge of the Budget, Fatoumata BAKO/TRAORE.
Source: Burkina Information Agency