Burundi: Selected Issues
IMF Staff Country Reports, July 29, 2022
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- Burundi: Selected Issues
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Bibliographic details
- Published: July 29, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400219238.002
Executive summary and context
- Publication date: July 29, 2022.
- This Selected Issues paper on Burundi addresses economic growth, fragility, and non-price competitiveness.
- After the 2015 crisis that further fragilized the Burundian economy, the authorities developed and adopted in 2018 a 10-year National development plan.
- The origins of Burundi’s fragility are described as historical, political, and institutional, and have produced weak economic performance.
- Substantive efforts to improve competitiveness have been made after several years of instability.
Major findings
- Fragility drivers:
- Historical, political, and institutional origins underpin Burundi’s fragility and weak economic performance.
- The 2015 crisis further fragilized the economy.
- Policy and planning response:
- Authorities developed and adopted in 2018 a 10-year National development plan.
- Competitiveness bottlenecks:
- Climate shocks.
- Energy and water constraints.
- Public management inefficiencies.
- Development priorities:
- Investing in the country's long-term peacebuilding is key to moving out of fragility.
- Transparency, social equity, and the fight against corruption are identified as major actions needed to ensure political stabilization.
- Special attention should be devoted to building a stronger and more resilient economy.
Policy recommendations and priorities
- Focus on long-term peacebuilding investments to address fragility.
- Strengthen transparency mechanisms across public institutions.
- Promote social equity measures to support stabilization and inclusion.
- Intensify anti-corruption efforts as part of political stabilization.
- Address competitiveness bottlenecks by:
- Enhancing resilience to climate shocks.
- Alleviating energy and water constraints.
- Improving public management efficiency.
Content in this bundle
- Burundi: Selected Issues; IMF Country Report No. 22/258; July 7, 2022