Search
Close this search box.
    BREAKING NEWS :

Burkina: The government grants a sovereign guarantee of more than 124 billion FCFA to a company for the acquisition of defense equipment

Facebook
Twitter
LinkedIn
Pinterest
Print


The government authorized on Wednesday 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 for the benefit of the Baykar Makina San Company. Ve Tic. AS Corporation, indicates 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, for an amount of 124,684,321,96 FCFA, she specifies.

The adoption of this decree allows the finalization of the contract with the said company with a view to strengthening the operational capacities of the Defense and Security Forces.

The State of Burkina F
aso has already had to sign 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 said source.

Source: Burkina Information Agency