Burundi: Seventh Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for a New Three-Year Arrangement Under the Extended Credit Facility: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burundi.
February 2, 2012
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Burundi’s economy has continued to grow at a slower pace than envisaged owing to the impact of food and fuel shocks on aggregate demand. The macroeconomic outlook remains broadly positive but subject to risks that emanate from the security situation and the external environment. The foremost risks are a decline in donor support, warranting an abrupt fiscal adjustment, and a worsening in the security situation. These risks are mitigated in part by reforms that have improved revenue mobilization and efforts in nation building.
Subject: Agricultural commodities, Commodities, Debt sustainability, External debt, Public debt, Public financial management (PFM)
Keywords: Africa, Agricultural commodities, Burundian authorities, CR, customs authorities, debt, debt management policy, Debt sustainability, ECF arrangement, Global, government, growth prospect, ISCR, revenue mobilization effort
Pages:
87
Volume:
2012
DOI:
Issue:
028
Series:
Country Report No. 2012/028
Stock No:
1BDIEA2012001
ISBN:
9781463935825
ISSN:
1934-7685
