Burundi : Second Review Under the Extended Credit Facility—Staff Report; Staff Supplement; Press Release on the Executive Board Discussion

Publication Date: March 11, 2013
Electronic Access: Free Full text (PDF file size is 1,431KB).
Use the free Adobe Acrobat Reader to view this PDF file

Summary: The Burundian economy faced several adverse shocks. The government responded by allowing greater exchange rate flexibility and by tightening its monetary policy. The fiscal stance was in line with the program, and program implementation has been broadly satisfactory despite difficult circumstances. Sustaining revenue mobilization remains a top priority. Public financial management needs to be bolstered significantly and the country remains at high risk of debt distress, underscoring the importance of reinforcing debt management. Monetary policy should remain tight until inflation falls.
Series: Country Report No. 13/64
Subject(s): Extended Credit Facility | Monetary policy | Economic growth | Financial management | Debt management | Debt sustainability | Inflation | Financial soundness indicators | Economic reforms | Revenue mobilization | Exchange rate policy | Fiscal policy | Staff Reports | Burundi

Notes Also available in French
Publication Date: March 11, 2013
ISBN/ISSN: 9781475563757/1934-7685 Format: Paper
Stock No: 1BDIEA2013001 Pages: 78
US$18.00 (Academic Rate:
US$18.00 )
Please address any questions about this title to publications@imf.org