This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Burundi and the IMF. Additional information can be found on Burundi and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Burundi.
At a Glance
- Current IMF membership: 189 countries
- Burundi joined the Fund in September 28, 1963
- Total Quotas: SDR 77.00 Million (As of May 31, 2008)
- Loans outstanding: PRGF Arrangements SDR 71.19 Million
- Last Article IV Consultation:2014 Article IV Consultation, Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility; and Request for Modification of Performance Criteria-Staff Report; Press Release; and Statement by the Executive Director for Burundi (Country Report No. 14/293, September 23, 2014)
IMF's Work on Burundi
July 8, 2016
Author/Editor: Robert Dippelsman ; Venkat Josyula ; Eric Métreau
Series: Working Paper No. 16/133
June 13, 2016
Author/Editor: Christine Dieterich ; Anni Huang ; Alun H. Thomas
Series: Working Paper No. 16/118
June 8, 2016
Author/Editor: Dalia Hakura ; Mumtaz Hussain ; Monique Newiak ; Vimal Thakoor ; Fan Yang
Series: Working Paper No. 16/111
January 14, 2016
December 22, 2015
Author/Editor: Corinne Deléchat ; Ejona Fuli ; Dafina Mulaj ; Gustavo Ramirez ; Rui Xu
Series: Working Paper No. 15/268
Regional Economic Outlook
After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks—the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa. Growth fell in 2015 to its lowest level in some 15 years and is expected to slow further to 3 percent in 2016. The growth performance, however, differs across countries, with most oil importers faring reasonably well. The region’s medium-term prospects remain favorable but many countries urgently need to reset their policies to reinvigorate growth and realize this potential. To this end, countries should adjust fiscal policies, and for those outside monetary unions, exchange rate flexibility, as part of a wider policy package, should also generally be part of the first line of defense. In the medium term, policies targeted at diversification and financial sector development could also strengthen resilience and boost growth.
Departmental African Paper
The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.