Burundi: Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document

International Monetary Fund

No 2005/329, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper explains Burundi’s Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). Burundi’s social indicators reflect the effects of poverty compounded by decades of violence. The government’s Interim Poverty Reduction Strategy Paper (I-PRSP) is based on broad consultations, but limited in some provinces by security conditions. The debt sustainability analysis (DSA) shows that even after HIPC assistance, Burundi would remain above the HIPC threshold for a considerable period of time, leaving it vulnerable to prolonged risk of debt distress.

Keywords: ISCR; CR; HIPC assistance; public expenditure; exchange rate; Burundi authorities; debt relief; private sector; debt management; gross investment; Debt service; Arrears; Exports; Debt relief; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 62
Date: 2005-09-13
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