Burundi : Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension and Augmentation of Access

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

April 1, 2015

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses Burundi’s Sixth Review Under the Extended Credit Facility (ECF) arrangement and Request for Extension and Augmentation of Access. The macroeconomic outlook is broadly favorable, driven by continued public investment and a gradual recovery in agriculture; however, external vulnerabilities persist owing to a protracted decline in coffee exports and high volatility of coffee prices. The IMF staff supports the completion of the sixth review under the ECF and the authorities’ requests for an augmentation of access and extension of the current ECF arrangement through March 2016, which will be instrumental to catalyze donor support needed to address Burundi’s protracted balance-of-payments problem.

Series:

Country Report No. 15/88

Subject:

Notes:

Also Available in French

English

Publication Date:

April 1, 2015

ISBN/ISSN:

9781484311936/1934-7685

Stock No:

1BDIEA2015001

Format:

Paper

Pages:

76

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