Burundi: Use of Fund Resources—Request for Post-Conflict Emergency Assistance

Author: International Monetary Fund

Volume/Issue: Volume 2003 Issue 135

Publication date: May 2003

ISBN: 9781451802825

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Topics covered in this book

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Exports and Imports , Finance , Public Policy - Social Services and Welfare , ISCR , CR , economic recovery program , program , government , meeting priority , foreign exchange market reform , program implementation , U , S , dollar , Exchange rates , Debt service , Arrears , Africa , Southern Africa , East Africa

Also of interest

Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

Summary

This paper examines Burundi’s Use of IMF Resources and a Request for Post-Conflict Emergency Assistance. Implementation of the 2002 program was broadly on track, despite constraints resulting from the delays in and earmarking of external aid disbursements. Fiscal developments were in line with the objectives set under the revised finance law approved in August. All but two of the quantitative indicators were observed, and all structural measures were implemented. The IMF staff recommends approval of the authorities’ request for a second drawing under the IMF’s post-conflict emergency assistance policy.