Burkina Faso: Modernizing the economy, the Transition Assembly adopts a new customs code

The deputies of the Transitional Legislative Assembly (ALT) held a decisive plenary session on Monday, March 24, 2025, to examine and approve the draft law reforming the customs code of Burkina Faso. After hours of debate and in-depth analysis, the text was overwhelmingly approved, marking a key step in modernizing the national customs system.

The new code, structured into 15 titles and 474 articles, was presented by the Finance and Budget Committee (COMFIB), which was tasked with its thorough examination. Out of the 71 parliamentarians present, 70 voted in favor of its adoption, while one abstained. Initially planned to span two days, the session was concluded in just one day, reflecting the efficiency of the discussions and the urgency of this modernization.

The reform aims to align the customs legislation with the economic and security realities of Burkina Faso. Among its main innovations are:

  • Simplification of procedures to streamline trade and attract investments
  • Digitalization of services to enhance transparency and the efficiency of customs administration
  • Strengthened framework to combat fraud, particularly in intellectual property and counterfeiting
  • Strict measures against organized crime, money laundering, and the financing of terrorism, which are absolute priorities in the current tense security context.

Speaking during the plenary, the Minister of Economy and Finance, Dr. Aboubakar Nacanabo, reassured economic actors: Burkina Faso’s exit from ECOWAS will not affect the implementation of this new code. On the contrary, it is expected to serve as a lever to stimulate the national economy and strengthen the country’s sovereignty.

With this adoption, Burkina Faso now has a modern legal instrument designed to address current challenges while preparing for the future. This reform is part of the broader dynamic of the Sahel States Alliance (AES), aimed at building a resilient economy independent of external pressures.

Posts Grid

Football/ Real Madrid tops Global revenue rankings for third consecutive year

Real Madrid remains the world’s richest football club, generating a record €1.161 billion in revenue during the 2024/25 season, according to the latest Deloitte Football...

Champions League Jeopardy: Bodo/Glimt loss threatens City’s knockout seeding

The alarming slump of Manchester City deepened with a 3-1 Champions League defeat to Norway's Bodo/Glimt on Tuesday, casting doubt on their European campaign and...

Driver in fatal crash involving boxer Anthony Joshua appears in court

The chauffeur driving a car carrying former heavyweight champion Anthony Joshua when it crashed, killing two of the boxer's friends, has appeared before a magistrate's...

Football/ Senegal lodges formal complaints ahead of AFCON final against Morocco

The Senegalese Football Federation (FSF) has publicly criticized the treatment of its national team ahead of Sunday's Africa Cup of Nations final against Morocco, citing...

Respected Football Journalist found dead while covering Africa Cup of Nations

Mohamed Soumaré, a revered Malian sports journalist and consultant, was found dead in his Rabat hotel room on January 14 while covering the 2025 Africa...

Football/ Samuel Eto’o suspended and fined by CAF for misconduct

The Confederation of African Football (CAF) has banned Cameroon football federation president Samuel Eto'o for four matches and fined him $20,000 after finding him guilty...

Leave a Reply

Your email address will not be published. Required fields are marked *