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USAID Office of Food for Peace Burkina Faso Bellmon ... - CiteSeerX

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Prepared by Fintrac Inc.<br />

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so that they better support sustainable crop production and help to address the root<br />

causes <strong>of</strong> hunger. The vision behind this initiative is that by 2015, a significant number<br />

<strong>of</strong> smallholder farmers – including women – will produce large surpluses <strong>of</strong> food, sell<br />

them at a fair price and earn better incomes.<br />

6. In terms <strong>of</strong> early warning and responses to recurrent food crises, the GOBF manages a<br />

National Security Stock that can be mobilized in case <strong>of</strong> large cereal production<br />

shortfalls. Its use (free distributions and/or subsidized sales) is subject to the<br />

recommendation <strong>of</strong> the Technical Committee <strong>of</strong> the National <strong>Food</strong> Security Council (CT-<br />

CNSA) whose members are the EU, France, Netherlands and WFP. An Intervention<br />

Stock <strong>of</strong> a smaller capacity has also recently been created under the government’s full<br />

control and management.<br />

Given price fluctuations as well as availability <strong>of</strong> stocks, signals to producers must be consistent<br />

and provide an incentive <strong>for</strong> investment. Though the incentives outlined above should assist<br />

producers, policy disincentives must also be monitored. GOBF policy must strike a balance to<br />

protect consumers from higher food prices as well as maintain incentives <strong>for</strong> productivity-raising<br />

investment and supply response, particularly <strong>for</strong> staple grains and cereals (including rice).<br />

According to FAO’s study on food price hikes, the GOBF took the following specific policy<br />

25<br />

responses to protect consumers from rising commodity prices in 2008 :<br />

Provided school/hospital feeding with a basic meal;<br />

Consumer price control and stabilization on most staple foods;<br />

Reduction/elimination <strong>of</strong> consumption taxes on grains and other staple foods;<br />

Reduction in producer taxes on grains and other staple foods;<br />

Adjustment <strong>of</strong> export quotas/control on staples;<br />

Reduction/elimination <strong>of</strong> import tariff and quotas on staple foods; and<br />

Partial payment <strong>of</strong> poor households’ energy and water bills.<br />

25 FAO. 2009. “The State <strong>of</strong> Agricultural Commodity Markets: High <strong>Food</strong> Prices and the <strong>Food</strong> Crisis – Experiences<br />

and Lessons Learned.”<br />

102 BEST ANALYSIS – BURKINA FASO

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