Burundi: Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension and Augmentation of Access
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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.
Series:
Country Report No. 2015/088
Subject:
Budget execution and treasury management Debt sustainability Debt sustainability analysis External debt Fiscal policy Public debt Public financial management (PFM) Revenue administration
Notes:
English
Publication Date:
April 1, 2015
ISBN/ISSN:
9781484311936/1934-7685
Stock No:
1BDIEA2015001
Pages:
76
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