Burundi Recent Economic Developments
This paper describes economic developments in Burundi during 1993-97. The external current account (excluding grants) narrowed significantly during 1993-95, owing mainly to strong international export prices for coffee and subdued demand for imports. This trend continued in 1996 with a further compr...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
1997
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| Series: | IMF Staff Country Reports
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| Online Access: | |
| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | This paper describes economic developments in Burundi during 1993-97. The external current account (excluding grants) narrowed significantly during 1993-95, owing mainly to strong international export prices for coffee and subdued demand for imports. This trend continued in 1996 with a further compression of imports stemming from a sharp reduction in project aid and the economic embargo. The overall balance of payments shifted from a surplus of 0.2 percent of GDP in 1995 to a deficit of 7.3 percent mainly as a result of a sharp drop in external financial assistance |
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| Physical Description: | 98 pages |
| ISBN: | 9781451802788 |