IMF Staff Country Reports

Burundi: 2010 Article IV Consultation and Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burundi

October 13, 2010

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Burundi: 2010 Article IV Consultation and Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burundi, (USA: International Monetary Fund, 2010) accessed September 19, 2024

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Summary

The global financial crisis has slowed the Burundian economy and a significant decline in inflation. Against the background of the East African Community (EAC) integration, the Article IV Consultation discussions focused on three fundamental themes. IMF staff and authorities agreed on the need to pursue appropriate growth-enhancing reforms. The authorities and staff agreed on the need to continue reforms of wages and employment to bring the wage bill down to sustainable levels. The fourth review was completed based on Burundi’s performance and the strength of the program.

Subject: Banking, Debt sustainability, Expenditure, External debt, Public debt, Public financial management (PFM)

Keywords: Authorities' support, Authority, Burundian authorities, Burundi's competitiveness, CR, Debt, Debt sustainability, Dedication to the peace process, Global, Headline inflation, ISCR, Real GDP

Publication Details

  • Pages:

    83

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/313

  • Stock No:

    1BDIEA2010003

  • ISBN:

    9781455208357

  • ISSN:

    1934-7685

Notes