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Burkina Faso Economy:
Burkina
Faso is ranked amongst the poorest countries in the world. The
country lacks in sufficient natural resources and unfavorable
weather conditions greatly hamper farming efforts. Agriculture
is the mainstay
of the country’s economy providing a source of employment
for close to 90% of the population.
Cotton is the chief export
commodity and major industries are food processing, textiles,
gold mining, cotton lint processing and cigarettes.
The CAF Franc also used in a number of West African countries
is the currency of Burkina Faso.
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