Burundi

Burundi has made much progress since the signing of the Arusha peace and reconciliation agreement. The handling of the economy has been highly competent considering the inordinate difficulties faced by Burundi in recent years. The bank of the Republic of Burundi has made progress in the implementation of monetary policies and in the conduct of bank supervision. Progress in implementing structural reforms has been satisfactory overall. Burundi continues to face unsustainably heavy debt-service obligations. The government is gradually rebuilding its administrative capacity.Article IV consultations;Economic conditions;Poverty Reduction and Growth Facility;exchange rate, central bank, foreign exchange, current account, external debt, debt relief, debt service, balance of payments, external financing, budget balance, exchange restrictions, external payments arrears, external payments, exchange rates, foreign exchange auctions, exchange rate developments, current account balance, debt rescheduling, amortization payments, multilateral creditors, external debt burden, public debt, budget law, current account deficit, exchange auctions, exchange rate management, debt burden, bilateral donors, external public debt, average exchange rate, multilateral debts, market exchange rates, exchange operations, general resources account, outstanding drawings, foreign exchange operations, long-term debt, government deficit, debt sustainability analysis, public finances, foreign exchange sales, exchange rate flexibility, debt outstanding, repurchases, actual debt, external resources, exchange sales, debt sustainability, official exchange rate, bilateral creditors, market exchange rate, bilateral agreements, budget expenditures, external ? ? ? ? ? ? ? ? ? ? ? payments arrears, nominal exchange rate, exchange rate levels, debt ? ? ? ? ? ? ? ? ? ? outstanding, effective exchange rate, external liabilities, government debt, private creditors, exchange rate system, external debt position, foreign exchange reserves, repayments, multiple currency practices, currency devaluation, external ? ? ? ? ? ? ? ? ? ? ? payments, debt obligations, external debt management, long-term external debt, debt policies, debt-service obligations, exchange reserves, external debt service, exchange surrender requirements, exchange controls, exchange rate fluctuations, exchange rate policies, official creditors, short-term debt, multilateral debt, foreign exchange surrender requirements, exchange rate depreciation, debt situation, floating exchange rate, euro exchange rate, debt stock, domestic financing, exchange rate arrangement, stock of debt, exchange rate policy, external debt obligations, external debts, foreign aid, real effective exchange rate, foreign debt, exchange rate level, external debt situation, debt management