Gold Mining to Boost Burkina Faso’s Expansion to 7% Next Year

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Burkina Faso expects an increase in gold mining, its biggest source of foreign currency, to boost economic expansion to 7 percent next year, faster than the International Monetary Fund’s forecast, said National Budget Director Hamadou Sangare.

The outlook is part of the West African nation’s spending and revenue plan for next year, which is currently being debated by the National Assembly, he said by phone on Oct. 2 in Ouagadougou, the capital.