Burundi: Selected Issues and Statistical Appendix

Volume/Issue: Volume 2006 Issue 307
Publication date: August 2006
ISBN: 9781451802900
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Public Finance , Agribusiness , ISCR , CR , chapter II , chapter IV , PEM reform , growth accounting exercise , investor confidence , Budget planning and preparation , Agricultural sector , Sub-Saharan Africa , East Africa , Africa , Global , Southern Africa , Central Asia

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Summary

Burundi is in great need of investment in infrastructure, but fiscal constraints leave little room for additional public spending. Despite this initial recovery, Burundi has yet to rebuild its pre-civil war level of public capital stock. Improving the business climate is one of the keys to attracting higher private investment. Since the Arusha agreement, some progress in the business climate has been made. Burundi is quickly moving away from the unsustainable debt situation and unstable exchange rate of the 1990s.