Burkina Faso - Fertilizer Project

Document of The World Bank FOR OFFICIAL USE ONLY Report No. P-3827-BUR REPORT AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT OF SDR 13.8 MILLION TO THE BURKINA FASO FOR A FERTILIZER PROJECT February 5, 1985 This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  CURRENCY EQUIVALENTS SDR 1.00 = US$1.00 = CFAF 458 US$1.00 = CFALF 460 = SDR 0.996 CFAF 1000 = US$2.17 = SDR 2.18 WEIGHTS AND MEASURES I metric ton = 0.98 long ton (2,205 lbs.) 1 hectare = 2.47 acres 1 kilometer = 0.62 mile 1 meter = 3.28 feet ABBREVIATIONS AVV Volta Valley Development Authority BOAD West African Development Bank CNCA National Agricultural Credilt Bank. FAER Rural Equipment Fund HER Water Supply Division ICRISAT International Crops Research Institute for the Semi-Arid Tropics IRAT Tropical Agronomic Research Institute IVRAZ Agronomic and Zootechnical Research Institute MAAH Ministry of Agriculture and Animal Husbandry OFNACER National Cereals Agency ORD Regional Development Organization RDF Rural Development Fund SAFGRAD Semi-Arid Food Grain Research and Development SOFITEX Burkinabe Textile Fiber Company FISCAL YEARS Government: January 1 - December 31 Project: January 1 - December 31  FOR OFFICIAL USE ONLY BURKINA FEPT eLIZER PROJECT Credit and Project Summary Borrower: Burkina Faso Berneficiarv: Ministry cf Agricultiure and Animal Husbandry Amount: SDR 13.8 million (US$13.7 million equivalent) Terms: Standard Project Description: The proiect seeks to reform fertilizer subsector policies and the, structure of fertilizer use by removing subsidies and other distortions, identi- fying and providing better and cheaper fertil- izers, eliminating supply inadequacies, and thus implementing a sound policcy framework for fertil- izer usage. Benefits: The preseni system and pattern of fertilizer use for cereal cultivation is not sustainable in the long run and does not lend itself to further expansion. The policy reforms tc be implemented under the pro