Burundi: Staff Report for the 2003 Article IV Consultation and Request for Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF)

February 20, 2004

Summary

Burundi has made much progress since the signing of the Arusha peace and reconciliation agreement. The handling of the economy has been highly competent considering the inordinate difficulties faced by Burundi in recent years. The bank of the Republic of Burundi has made progress in the implementation of monetary policies and in the conduct of bank supervision. Progress in implementing structural reforms has been satisfactory overall. Burundi continues to face unsustainably heavy debt-service obligations. The government is gradually rebuilding its administrative capacity.

Subject: Agricultural commodities, Commodities, Exchange rates, External debt, Foreign exchange, Poverty, Poverty reduction, Poverty reduction strategy

Keywords: Africa, Agricultural commodities, Burundi government, Burundian authorities, CR, donor representative, East Africa, Exchange rates, government, ISCR, Poverty reduction, Poverty reduction strategy, PRGF arrangement, Southern Africa, staff appraisal

Pages:
87
Volume:
2004
DOI:
https://doi.org/10.5089/9781451802870.002
Issue:
041
Series:
Country Report No. 2004/041
Stock No:
1BDIEA0042004
ISBN:
9781451802870
ISSN:
1934-7685

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