Burundi: Fourth Review Under the Extended Credit Facility Arrangement
March 19, 2014
Also available infrançais
Summary
Burundi’s Fourth Review Under the Extended Credit Facility (ECF) Arrangement is discussed. The measures undertaken to enhance fiscal outlook by the 2015 elections are reviewed. Satisfactory progress has been made on structural reforms. Policy discusses have focused on reinvigorating program implementation after the difficulties in completing the third review under the ECF arrangement. The IMF staff recommends the completion of the fourth review under the ECF arrangement, setting of new performance and indicative criteria for September 2014, and the disbursement of SDR 5 million.
Subject: Debt sustainability, Debt sustainability analysis, External debt, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)
Keywords: Africa, Burundi authorities, CR, debt, Debt sustainability, ECF arrangement, expenditure pressure, Global, inflation outlook, ISCR, Public and publicly-guaranteed external debt, real GDP, sustainability indicator
Pages:
64
Volume:
2014
DOI:
Issue:
083
Series:
Country Report No. 2014/083
Stock No:
1BDIEA2014001
ISBN:
9781484341582
ISSN:
1934-7685




