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Published on 2024-03-28 14:54:04
Burkina Faso: Government Grants Sovereign Guarantee of Over 124 Billion CFA Francs to a Company for the Acquisition of Defense Equipment
The government of Burkina Faso has authorized the granting of a sovereign guarantee of 124,684,321,964 CFA francs to the company Baykar Makina San. Ve Tic. AS Corporation for the acquisition of defense and security equipment for the benefit of the national armed forces.
The Council adopted a decree authorizing the granting of a Sovereign Guarantee to the company Baykar Makina San. Ve Tic. AS Corporation, as stated in the report of the Council of Ministers on Wednesday.
According to the same source, this decree aims to materialize a new contract between the Burkinabe State and the company Baykar Makina San. Ve Tic. AS Corporation.
The decree authorizes the granting of a sovereign guarantee to the company Baykar Makina San. Ve Tic. AS Corporation, in the amount of 124,684,321,964 CFA francs, it specifies. The adoption of this decree allows for the finalization of the contract with the said company in order to strengthen the operational capacities of the defense and security forces.
The State of Burkina Faso has already signed contracts with the company Baykar Makina San. Ve Tic. AS Corporation for the acquisition of defense and security equipment for the benefit of the national armed forces, concluded the source.
Burkina Information Agency DNK/ata
Read the original article(French) on Agence d’Information du Burkina
