Burkina Faso Ditches The Central Bank of West African States and launches own Treasury Deposit Bank

On Friday August 2nd 2024, the President of Burkina Faso, Captain Ibrahim Traoré, officially launched the activities of the Treasury Deposit Bank, a groundbreaking new financial institution that marks a crucial milestone in the country's efforts to strengthen its financial infrastructure and provide comprehensive banking services to a diverse range of stakeholders. The Treasury Deposit Bank is a public financial institution established to serve as the central banking hub for Burkina Faso. Its user base encompasses a wide spectrum of entities, including public institutions, state-owned companies, government-funded projects and programs, private businesses, and non-governmental organizations (NGOs). This broad reach underscores the bank's pivotal role in the nation's financial ecosystem, serving as a cornerstone for various sectors. At the heart of the Treasury Deposit Bank's mission lies the commitment to ensuring the banking functions of the Public Treasury of Burkina Faso, with the ultimate goal of benefiting the Burkinabe people. By offering a comprehensive suite of banking services, such as account opening, management of state resources, as well as transaction execution, the bank aims to streamline financial operations and enhance the overall efficiency of the country's public and private sectors. Through the establishment of the Burkindlim Bank, as the President calls it, the government of Burkina Faso once again has demonstrated its dedication to fostering a more inclusive and prosperous financial landscape. This initiative promises to empower the Burkinabe people, enabling them to take a more active role in shaping the economic future of their country. Following is the president’s speech being delivered by the Minister of Economy, Finance and Prospective, Dr. Aboubakar Nacanabo.
#burkinafaso #ibrahimtraore #treasurybank

[@morr3349]

This news is a breath of fresh air. Go Burkina Faso! 👍🏿👍🏿🙏🏿🙏🏿🇧🇫🇧🇫🇧🇫👍🏿👍🏿🙏🏿🙏🏿

[@corbetwitter4775]

Love this man, what an awesome president he is. Long live president Traore.❤

[@the.defining.light4]

President of presidents Hero of heroes His excellency Ibrahim Traore

[@brittanytierra]

👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾

[@oldschoolmusic5994]

Long live Traore! Long live Burkina Faso!!! Long live Africa!!! God bless!!!!

[@MrJimSmith]

protect the federation, unite africa!

[@shabaka4555]

🦁 ❤ 🔥 LONG-LIVE PRESIDENT TRAORE AND THE GREAT PEOPLE OF BURKINA FASO!! PRESIDENT TRAORE IS THE GREATEST PRESIDENT IN AFRIKA SINCE OSAGEYFO KWAME NKRUMAH AND THOMAS SANKARA!! PRESIDENT TRAORE IS MOVING FORWARD TO AFRIKAN UNITY AND SOLIDARITY!! THE PEOPLE OF AFRIKA AND THE WORLD MUST RESPECT AND PROTECT THIS LEADER HE HAS DONE MORE FOR AFRIKAN PEOPLE IN 2 YEARS THEN MANY AFRIKAN LEADERS HAS DONE IN THE LAST 20 YEARS!! UNITE AFRIKANS UNITE AS BURKINA FASO MALI 🇲🇱 AND NIGER 🇳🇪 LEADS THE WAY!! 🦁 ♥ 🔥

[@hickykallay7418]

Absolute WELL DONE 👏, Bravo - thank you.

[@ME-xi1tx]

I feel SO blessed to see that all of this is taking place in my lifetime. I'm 55, born in Suriname, South America, raised in Amsterdam, Europe. As a child my parents used to tell me that Africa is the richest continent on earth and I just thought my parents were crazy. Cause of all the things I saw on tv.

[@DamionBrown-f9t]

Big Suriname from Jamaica

[@ME-xi1tx]

@@DamionBrown-f9t Blessings❤️💛💚🙏🏾

[@sampsonjoseph2340]

Your parent was very wright. and is very true that Africa is the richest continent on earth, but the individuals are very poor. This started since from slave time, nothing has ever change, since from slave time. white people takes everything free from Africa, that makes we poor.

[@harryminor4963]

Great news. I love this mighty man of God, warrior, father, and son.

[@afrakanaswahilitv5520]

Kenyans Kenya 🇰🇪 supports Burkina Faso! Hey Thomas Sankara! Viva Ibrahim Traore! Burkinabe Hoyee!

[@craigfowler8297]

💪🏾💪🏾💪🏾🌍💪🏾💪🏾💪🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾😍😍😍😍🙌🏾🙌🏾🙌🏾🙌🏾❤️❤️❤️❤️❤️🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾

[@unapologeticafrican]

Ruto was condemning this president

[@RashidJorge]

Good move burkina, this is the way to be self reliance 👏👏

[@aiahsdaughter6597]

Go head Burkina Faso 🇧🇫 👏🏾🙌🏾💪🏾!!!

[@MarkonDivinity4]

Great work

[@user-lv8lb2jx4r]

Go Burkina Faso and long life to the land of upright people!

[@larryledwards8327]

Self-sufficiency always brings about the greater good for a people. The Bank must be supported by the Burkinabes. Next, the bank resources must be protected at all levels.

[@aiahsdaughter6597]

Excellent point....Shalom from the Diaspora in the States. 👏🏾

[@ianbyfield9446]

♥️♥️💯💯🇯🇲🇯🇲👍🏿👍🏿👍🏿long live the king ,BURKINA FASO come on now we have to protect this brother with all your life he is the one that is going to make life better in Burkina faso for every burkinaba.please he beg..♥️♥️♥️♥️🇯🇲🇯🇲🇯🇲

[@nineballssj9]

Now this is how a true leader moves

[@patriciapiper6294]

Everything he does seems so wholesome to me. He's just protecting his families . The families of Burkina Faso.❤🇺🇲

[@carib48]

That is the first step in completely umping the CFA

[@harryug]

All the best our brothers🙏🙏🙏

[@brendalee1107]

Oh my God ❤ I love this man Yah please continue to cover and guide his foot steps ❤

[@philomenaajome8262]

Congratulations Burkina Faso, your Godsend president and government are geniuses.

[@girwawehhary6605]

Protect the union

[@IdrissBaycamara]

The entire youth of African are coming to join Bourkena faso

[@user-dm2no4ns5m]

The best leader for Africa

[@allahassantraorey8560]

Congratulations 🎊🎉🎈 Burkina fasso and great job PRESI TRAORE,I know Capitaine Thomas sankara is smiling in his grave right now. The road to victory is now wide open and we’re begging all the other countries to join the fight and achieve the goal and dreams of our ancestors 💪🏿💪🏿💪🏿💪🏿💪🏿💪🏿💪🏿💪🏿🙏🏾🙏🏾🙏🏾🇧🇫🇮🇳🇲🇱

[@montcalmpassee1500]

Great Move towards Freedom from Mental and Econominical Slavery

[@julianandygumbsVI]

I promise you, I truly enjoy watching how these guy's move. Traore always have 2 briefcase carrying guy's, camo up to the eye's, I know they Love that assignment. Goita has the most poised military look, with his fist, always military cuffed. And the Elder Statesman Tiani Only appears for serious cultural events, and significant AES action, yet we all can see Very Proudly how these King 3 Lion's and the other 5 Lion's in their Pride is ushering in the Era the African Youth's and countless African's in the Diaspora so Strongly Desires!!!

[@MmbengeniMadzunya]

GOD protect our president of Africa to unite continent to get out from neocolonialism and that puppets of other states, please GOD bless l praying🙏🙇🙌

[@atalalima921]

This Man it's an inspiration

[@brenstar6412]

Let's Go!

[@livencali1]

❤❤❤❤❤❤❤❤❤❤❤❤

[@tshifhiwamafanywa]

100% correct for having this BANK .This is a good vision and briliant ideas which we need in Africa continent as whole African continent.I AM FROM SOUTH AFRICA.

[@vinepnanaasantekankam-da-c9160]

It is a great thing to have a Central Bank to develop Monetary Policy to balance the Fiscal Policy for higher economic growth. Great Reform.

[@Paul-dn4wh]

Shared

[@ibrahimmuhammad3391]

Mashaallah ❤❤❤❤❤

[@JebbehWilliams]

Aamen

[@mohamedkonateh5623]

Wow is wow to everyone

[@juliusawahazong1913]

Oh my president, the one and only in africa, I salute you

[@wilmabacchus7935]

IBRAHIM TRAORE THE MAN WITH THE TRUE MIDAS TOUTCH MAY THE GLORY AND GRACE OF GOD SURRONDS AND PROTECT HIM WITH THE LEADERS OF MALI AND NIGER AND THEIR PEOPLES

[@iam_bantu-eh3bz]

BRAVO...AFRICA

[@maralena137123]

How can people outside of the continent open an account?

[@julianandygumbsVI]

Wait, you'll have an opportunity very soon.

[@SaidSeif-d4y]

Be culm,,, ahead there is everything 🎉🎉🎉🎉

[@SaidSeif-d4y]

Be culm,,, ahead there is everything 🎉🎉🎉🎉

[@maralena137123]

We should volunteer to pay taxes also.

[@ishaqsulemana9575]

Beautiful

[@byDsign]

This is a BFD (Big F*cking Deal)!

[@SaidSeif-d4y]

Go and got stool lab testing quickly 😅😅😅😅😅

[@tardzenyuyvalentine3285]

Pls sir just changed but the currency from CFA

[@rcl5861]

The East is the best all the rumors they spread every tungs will confess what is about the East why the west don't want to leave they will have to

[@boomclash101]

Im definitely gonna wanna be allied with soho

[@NELA_MGCINA]

SOUTH AFRICANS🇿🇦 WHY CANT WE DO THIS😭😭😭

[@markadensen1286]

Perfect move 👌, GOD bless 🙏 IBRAHIM TREAORE ❤❤❤❤❤❤❤❤❤❤❤❤❤❤GREETINGS FROM NIGERIA 🇳🇬..

[@ronkelardner6678]

Is it possible for Africans in the diaspora to open up an account in this Bank, in support of this great undertaking?

[@MrJimSmith]

Good idea! Once they have security in place to ensure its not toubab, I'm sure they will 🧡

[@marloclarke2149]

On Friday 2nd August 2024????🤔🤔 get your info checked, again!