Burundi: Fourth Review Under the Extended Credit Facility Arrangement
IMF Staff Country Reports, March 19, 2014
Source details
- Canonical URL
- Burundi: Fourth Review Under the Extended Credit Facility Arrangement
Other formats
Bibliographic details
- Published: March 19, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484341582.002
Summary
- The publication discusses Burundi’s Fourth Review Under the Extended Credit Facility (ECF) Arrangement.
- Measures undertaken to enhance the fiscal outlook by the 2015 elections are reviewed.
- Satisfactory progress has been made on structural reforms.
- Policy discussions focused on reinvigorating program implementation after difficulties in completing the third review under the ECF arrangement.
- IMF staff recommends:
- Completion of the fourth review under the ECF arrangement.
- Setting of new performance and indicative criteria for September 2014.
- Disbursement of SDR 5 million.
- Publication date: March 19, 2014.
Key findings and analysis
- Fiscal policy:
- Measures to enhance the fiscal outlook were reviewed with the aim of achieving improvements by the 2015 elections.
- Structural reforms:
- Progress on structural reforms is characterized as satisfactory.
- Program implementation:
- Policy discussions emphasized reinvigorating program implementation following the difficulties in completing the third ECF review.
- Debt and sustainability topics addressed (as listed under subject):
- Debt sustainability, Debt sustainability analysis, External debt, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM).
Policy recommendations and actions
- IMF staff recommends the following specific actions:
- Complete the fourth review under the ECF arrangement.
- Set new performance and indicative criteria for September 2014.
- Disburse SDR 5 million.
Content in this bundle
- 1. Recent Developments, 2008–14
- _cr1483f