Burundi: Third Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burundi
September 18, 2013
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This paper analyzes Burundi’s Third Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria. Policy discussions in the program focus on measures to strengthen fiscal performance, which have been reflected in a revised 2013 budget, bolstering public financial and debt management. The report highlights that the macroeconomic outlook remains difficult, compounded by downside risks related to uncertainties in the external economic environment. Also, the need to preserve debt sustainability continues to anchor medium-term fiscal policy.
Subject: External debt, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM), Revenue administration
Keywords: Africa, authorities' strategy, authority, Burundian authorities, CR, debt management policy, East Africa, ECF arrangement, Global, IMF's executive board, inflation expectation, ISCR, Public and publicly-guaranteed external debt, Southern Africa
Pages:
74
Volume:
2013
DOI:
Issue:
288
Series:
Country Report No. 2013/288
Stock No:
1BDIEA2013002
ISBN:
9781616354947
ISSN:
1934-7685
