Burkina Faso’s government considers increasing extractive industries contribution to the Gross Domestic Product (GDP) from 7.9 percent in 2015 to 10.2 percent by 2020.
The Energy, Mines and Quarries Ministry unveiled the contemplated policy of the government in a release issued on Wednesday here in the capital Ouagadougou.
To that effect, the government anticipates the increase of local purchases, in terms of food consumption in mining industries, which will reach 25 percent by 2020 from 14 percent in 2015.
Besides, the average local investments of mining industries are expected to amount to 5 billion CFA Francs (about 8.05 million U.S. dollars) by 2020, against 2 billion CFA Francs in 2015.
In the meantime, direct and indirect jobs created by mining industries should reach 20,000 by 2020, as of less than 10,000 in 2015. Enditem