Burundi, recent economic developments.

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Bibliographic Details
Author / Creator:Riechel, Klaus-Walter.
Imprint:Washington, D.C. : International Monetary Fund, ©1997.
Description:1 online resource (94 pages).
Language:English
Series:IMF staff country report ; no. 97/114
IMF staff country report ; no. 97/114.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12498078
Hidden Bibliographic Details
Other authors / contributors:Krichene, Noureddine.
Farah, Abdikarim.
International Monetary Fund.
ISBN:1280883332
9781280883330
9781451802788
Notes:Print version record.
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.
Other form:Print version: Riechel, Klaus-Walter. Burundi, recent economic developments. Washington, D.C. : International Monetary Fund, ©1997