This paper is divided into four parts. The first (Chapter 2) describes the institutional framework of the current budget system In Burkina Faso. The second (Chapter 3) makes a detailed presentation of the way in which budget performance indicators are defined, used and monitored. The third part (Chapter 4) analyses the factors explaining the current limits and constraints of the Results-oriented Public Expenditure Management reform. The fourth and final part (Chapter 5) sets out recommendations.