Affiliation:
1. Old Dominion University, USA
Abstract
In Burkina Faso, the public capital management and budgeting framework is the MTEF. The budgeting method is the PBB. While Burkina has a budgeting framework and method, it is not clear how effectively they work when it comes to capital budgeting for infrastructure development, unlike developed countries where the framework and method are completely developed and clearly laid out. It is important to understand how Burkina integrates components of a normative framework such as long-term public capital planning, capital budgeting and financial management, centralized execution and project management, and infrastructure maintenance. The chapter focuses on providing a comparison of capital budgeting in Burkina and the normative framework. Exploring the literature and government documents, the authors show that Burkina theoretically addresses some of the elements of the normative components while practically, the country's use of most elements is weak and non-existent. The unique factors that inhibit the normative framework are highlighted and ten recommendations are provided.
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