(Ecofin Agency) - According to experts, the Burkinabe growth in 2015 will finally stand at 4% against an initial forecast of 5%. This drop is principally linked to the fall in cotton prices. Indeed, the country being the top producer of the white gold on the continent, is bearing the brunt of the drop in prices for cotton on the world markets since last year.

Thus, despite a season which will be sealed by a record crop of 778,000 tons and a more advantageous farm gate price compared to last year, the country will not make get the revenues it expected. It is worth noting that, as indicated by RFI, the bad quality of the fibres coming from the transgenic cotton which the country adopted, also has an impact on its revenues. Indeed, these fibres are too short, which forced the country to reduce the areas dedicated to transgenic cotton.

Apart from cotton, the drop in gold prices, main source of foreign currencies for the country, contributed to slowing the growth of Burkina Faso.