Hidden Bibliographic Details
Other authors / contributors: | Krichene, Noureddine.
Farah, Abdikarim.
International Monetary Fund.
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ISBN: | 1280883332 9781280883330 9781451802788
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Notes: | Print version record.
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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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Other form: | Print version: Riechel, Klaus-Walter. Burundi, recent economic developments. Washington, D.C. : International Monetary Fund, ©1997
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