Burundi: Use of Fund Resources—Request for Post-Conflict Emergency Assistance
May 21, 2003
Summary
This paper examines Burundi’s Use of IMF Resources and a Request for Post-Conflict Emergency Assistance. Implementation of the 2002 program was broadly on track, despite constraints resulting from the delays in and earmarking of external aid disbursements. Fiscal developments were in line with the objectives set under the revised finance law approved in August. All but two of the quantitative indicators were observed, and all structural measures were implemented. The IMF staff recommends approval of the authorities’ request for a second drawing under the IMF’s post-conflict emergency assistance policy.
Subject: Arrears, Debt service, Exchange rates, External debt, Foreign exchange
Keywords: Africa, Arrears, CR, Debt service, East Africa, economic recovery program, Exchange rates, foreign exchange market reform, government, ISCR, meeting priority, program, program implementation, Southern Africa, U.S. dollar
Pages:
56
Volume:
2003
DOI:
Issue:
135
Series:
Country Report No. 2003/135
Stock No:
1BDIEA0012003
ISBN:
9781451802825
ISSN:
1934-7685






