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IMF Country Report No. 20/224

BURUNDI

REQUEST FOR DEBT RELIEF UNDER THE CATASTROPHE CONTAINMENT AND RELIEF TRUST—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR BURUNDI

July 2020

In the context of the Request for Debt Relief Under the Catastrophe Containment and Relief Trust, the following documents have been released and are included in this package:

  • A Press Release including a statement by the Chair of the Executive Board.

  • The Staff Report prepared by a staff team of the IMF for the Executive Board’s consideration on July 20, 2020 following discussions held with the Burundi authorities that took place through June 20–23, 2020. Based on information available at the time of these discussions, the staff report was completed on July 14, 2020.

  • A Statement by the Executive Director for Burundi.

The documents listed below have been or will be separately released:

  • Letter of Intent sent to the IMF by the authorities of Burundi*

  • *Also included in the Staff Report

The IMF’s transparency policy allows for the deletion of market-sensitive information and premature disclosure of the authorities’ policy intentions in published staff reports and other documents.

Copies of this report are available to the public from

International Monetary Fund • Publication Services

PO Box 92780 • Washington, D.C. 20090

Telephone: (202) 623–7430 • Fax: (202) 623–7201

E-mail: publications@imf.org Web: http://www.imf.org

Price: $18.00 per printed copy

International Monetary Fund

Washington, D.C.

© 2020 International Monetary Fund

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BURUNDI

REQUEST FOR DEBT RELIEF UNDER THE CATASTROPHE CONTAINMENT AND RELIEF TRUST

July 14, 2020

Approved By

David Robinson (AFR) and Chad Steinberg (SPR)

An IMF team consisting of Messrs. Weisfeld (head), Bouhga-Hagbe and Allen (all AFR), and Ms Muthoora (ICD) held discussions with the Burundi authorities by videoconference during June 20–23, 2020. Ms Kwizera (Resident Representative Office) supported the team, and Ms. Ourigou helped produce the report.

Contents

  • STAFF APPRAISAL

  • TABLES

  • 1. Selected Economic Indicators, 2014–25

  • 2. Balance of Payments, 2014–25

  • 3. Projected Payments to the IMF, July 21st, 2020 to April 13, 2022

  • ANNEX

  • I. Political and Economic Developments

  • APPENDIX

  • I. Letter of Intent

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