Like budget revenues, revenues from the mining sector are collected and allocated in accordance with the principle of budget universality. This consists of combining all the fiscal resources into one fund, and in charging all the public expenses to this fund without distinction. Payment flows not directly allocated to the national budget are limited to: municipal taxes (road taxes and entertainment taxes) paid to local authorities and contributions to the National Bureau for Environmental Evaluations (BUNEE) and the Environmental Rehabilitation Fund (FRE). Municipal taxes are not applicable to the mining sector.

Further information

The 2015 Mining Code includes innovations, such as the abolition of the mining convention in the exploration phase; the obligation for holders of mining titles and their subcontractors to grant "preference to Burkina Faso enterprises for any contract for the supply of services or supplies of goods under equivalent conditions of price, quality and time"; the possibility, exceptionally, to submit to competition, the mining rights or the authorisations considered as assets; penalizing illegal activities related to the trade, transport, possession and illegal storage of rough diamonds; and banning and penalizing the use of mercury, cyanide and other hazardous chemicals. In 2015, Burkina Faso launched the a project on the modernisation of its mining cadastre with the support of the World Bank, including the installation of a new computerised system. The finalisation of the project is expected mid-2019.

On a macroeconomic level, the contribution of the extractive sector to GDP in 2016 amounted to over USD 13 billion, that is 9.1% of nominal GDP. Total government revenue amounted to USD 1 230 billion in 2016. Mining revenue amounted to USD 277.9 million (164,585 billion XOF), approximately 15.8% of total government revenue. Total export revenue amounted to USD 2.5 million in 2015. The contribution of the mining sector to exports was 65.2% in 2015. 62.8% of revenues came from gold exports and 2.3% of revenues from zinc exports. The sector employed approximately 16,048 persons in the extractives sector. The new Code imposes a 1% levy on the monthly turnover of mining companies, for local development and the transfer of 20% of the proportional royalties collected by the State, in favour of the budget of local government units. These local devleopment funds established in 2017 are still being developped.

​The EITI encourages multi-stakeholder groups to explore innovative approaches to make the EITI more relevant and useful.

• Burkina Faso participated in the beneficial ownership pilot and the 2012 and 2013 EITI Reports contained some beneficial ownership details (alongside legal ownership information).
• The 2016 EITI Report discloses both mandatory and voluntary social expenditure, split between cash and in-kind payments. It also includes details of non-governmental beneficiaries.
• Burkina Faso EITI is supporting the World Bank in its study of women in the industrial mining sector and further means of support from companies.
• Burkina Faso undertook a study on CO2 emissions in its mining sector, including possible reduction and mitigation measures. Piloted by the EITI Secretariat in Ouagadougou, the study was supported by France and is part of Burkina Faso’s Intended Nationally Determined Contribution (INDC), submitted to the 21st COP in Paris in December 2015.  

Burkina Faso became an EITI Implementing country in 2008. On 16 April 2008, the Council of Ministers adopted decrees creating the Supervisory Committee, a Steering Committee and a Permanent Secretariat. On 15 May 2009, the country was admitted a candidate country. In February 2013, Burkina Faso was recognised as compliant with the EITI Rules. Burkina Faso EITI Reports have covered the fiscal years 2008 to 2016, with the first EITI Report covering fiscal 2008 and 2009. The eight EITI Report, covering the fiscal year 2016, was published in December 2018.

Burkina Faso was found to have made meaningful progress in implementing the 2016 EITI Standard, with considerable improvements in January 2020. The Third Validation of the country will commence on 23 January 2021.