Burundi: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility
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Summary:
The staff report for the Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility highlights economic developments and fiscal policy. The political transition process has advanced significantly in 2005, and further progress has been made in securing peace. Burundi’s external debt is unsustainable even after the full use of traditional debt relief mechanisms. Burundi will thus require substantial debt relief under the enhanced HIPC Initiative as described in the decision point document. Possible setbacks in the political and security situation could complicate the implementation of the program.
Series:
Country Report No. 2005/322
Subject:
Agricultural commodities Asset and liability management Commodities Credit Debt relief Foreign exchange Money Public financial management (PFM)
Notes:
Also available online in French.
English
Publication Date:
September 8, 2005
ISBN/ISSN:
9781451975291/1934-7685
Stock No:
1BDIEA2005002
Pages:
75
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