Burundi : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

December 15, 1997

Electronic Access:

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Summary:

This paper describes economic developments in Burundi during 1993–97. The external current account (excluding grants) narrowed significantly during 1993–95, owing mainly to strong international export prices for coffee and subdued demand for imports. This trend continued in 1996 with a further compression of imports stemming from a sharp reduction in project aid and the economic embargo. The overall balance of payments shifted from a surplus of 0.2 percent of GDP in 1995 to a deficit of 7.3 percent mainly as a result of a sharp drop in external financial assistance.

Series:

Country Report No. 97/114

Subject:

English

Publication Date:

December 15, 1997

ISBN/ISSN:

9781451802788/1934-7685

Stock No:

1BDIEA0011997

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

98

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