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

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.