Burundi: 2008 Article IV Consultation and Request for Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burundi

International Monetary Fund

No 2008/282, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2008 Article IV Consultation highlights that Burundi is emerging slowly from more than a decade of civil conflict. GDP per capita is about US$139, and only 18 percent of the population is food secure. Economic growth slowed down while inflation increased in 2007. External developments were dominated by a decline in exports and a sharp rise in grants. Executive Directors have commended the authorities for the progress they have made in implementing Burundi’s first Poverty Reduction and Growth Facility-supported program in a difficult post-conflict environment.

Keywords: ISCR; CR; statement by Peter J. Gakunu; executive director for Burundi; PRGF arrangement; statement; PRGF loan; PRGF-supported program; Inflation; Structural reforms; Food prices; Global; Africa (search for similar items in EconPapers)
Pages: 82
Date: 2008-08-13
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