{
  "title": "Burundi: Use of Fund Resources—Request for Post-Conflict Emergency Assistance",
  "publication": "IMF Staff Country Reports, May 21, 2003",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/burundi-use-of-fund-resources-request-for-post-conflict-emergency-assistance-16557",
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  "summary": "This paper examines Burundi’s Use of IMF Resources and a Request for Post-Conflict Emergency Assistance. Implementation of the 2002 program was broadly on track, despite constraints resulting from the delays in and earmarking of external aid disbursements.",
  "sections": [
    {
      "heading": "Executive summary",
      "content": "- This paper examines Burundi’s Use of IMF Resources and a Request for Post-Conflict Emergency Assistance.\n- Implementation of the 2002 program was broadly on track, despite constraints resulting from the delays in and earmarking of external aid disbursements.\n- Fiscal developments were in line with the objectives set under the revised finance law approved in August.\n- All but two of the quantitative indicators were observed, and all structural measures were implemented.\n- The IMF staff recommends approval of the authorities’ request for a second drawing under the IMF’s post-conflict emergency assistance policy."
    },
    {
      "heading": "Key findings",
      "content": "- Program implementation: Implementation of the 2002 program broadly on track.\n- External aid constraints: Delays in and earmarking of external aid disbursements constrained outcomes.\n- Fiscal performance: Fiscal developments aligned with objectives of the revised finance law approved in August.\n- Quantitative and structural measures:\n  - All but two of the quantitative indicators were observed.\n  - All structural measures were implemented.\n- IMF recommendation: Approval recommended for a second drawing under the IMF’s post-conflict emergency assistance policy."
    },
    {
      "heading": "Subjects and keywords (as provided)",
      "content": "- Subject: Arrears, Debt service, Exchange rates, External debt, Foreign exchange\n- Keywords: Africa, Arrears, CR, Debt service, East Africa, economic recovery program, Exchange rates, foreign exchange market reform, government, ISCR, meeting priority, program, program implementation, Southern Africa, U.S. dollar\n\n---\n\n Content in this bundle\n\n- cr03135\n  - cr03135 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr03135 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: May 21, 2003",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451802825.002",
    "This paper examines Burundi’s Use of IMF Resources and a Request for Post-Conflict Emergency Assistance.",
    "Implementation of the 2002 program was broadly on track, despite constraints resulting from the delays in and earmarking of external aid disbursements.",
    "Fiscal developments were in line with the objectives set under the revised finance law approved in August.",
    "All but two of the quantitative indicators were observed, and all structural measures were implemented.",
    "The IMF staff recommends approval of the authorities’ request for a second drawing under the IMF’s post-conflict emergency assistance policy.",
    "Program implementation: Implementation of the 2002 program broadly on track.",
    "External aid constraints: Delays in and earmarking of external aid disbursements constrained outcomes.",
    "Fiscal performance: Fiscal developments aligned with objectives of the revised finance law approved in August.",
    "Quantitative and structural measures:",
    "IMF recommendation: Approval recommended for a second drawing under the IMF’s post-conflict emergency assistance policy.",
    "Subject: Arrears, Debt service, Exchange rates, External debt, Foreign exchange",
    "Keywords: Africa, Arrears, CR, Debt service, East Africa, economic recovery program, Exchange rates, foreign exchange market reform, government, ISCR, meeting priority, program, program implementation, Southern Africa, U.S. dollar",
    "**_cr03135**"
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