Burundi: Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension and Augmentation of Access

April 1, 2015

Preview Citation

Format: Chicago

Burundi: Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension and Augmentation of Access, (USA: International Monetary Fund, 2015) accessed December 26, 2024

Also available in: français

Summary

This paper discusses Burundi’s Sixth Review Under the Extended Credit Facility (ECF) arrangement and Request for Extension and Augmentation of Access. The macroeconomic outlook is broadly favorable, driven by continued public investment and a gradual recovery in agriculture; however, external vulnerabilities persist owing to a protracted decline in coffee exports and high volatility of coffee prices. The IMF staff supports the completion of the sixth review under the ECF and the authorities’ requests for an augmentation of access and extension of the current ECF arrangement through March 2016, which will be instrumental to catalyze donor support needed to address Burundi’s protracted balance-of-payments problem.

Subject: Budget execution and treasury management, Debt sustainability, Debt sustainability analysis, External debt, Fiscal policy, Public debt, Public financial management (PFM), Revenue administration

Keywords: Africa, Budget execution and treasury management, Burundian authorities, CR, ECF arrangement, Global, IMF Executive Board, ISCR, Low-inflation environment, Prudent fiscal policy, Real GDP, Revenue slippage

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/088
Stock No:

1BDIEA2015001
ISBN:

9781484311936
ISSN:

1934-7685

Notes

Also Available in French

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