• Fri. May 24th, 2024

Towards improving the business climate and public-private dialogue


Oct 17, 2022

BUJUMBURA October 17th (ABP) – The Burundi Development Agency (ADB), in collaboration with the Federal Chamber of Commerce and Industry of Burundi (CFCIB) organized on Friday, October 14, 2022, a workshop to validate actions achievable in the short term within the framework of the Africa Rice project, which is carrying out diagnostic work with a view to improving the business climate and enriching the process of public-private dialogue, a check by ABP revealed.

The Secretary General of the Federal Chamber of Commerce and Industry of Burundi, Mr. Denis Nshimirimana, indicated that the study of validation of the business climate and the Public-Private dialogue was carried out by questioning the actors of the private sector but also the Burundi Development Agency (ADB), which deals specifically with improving the business climate. It was a question of making the inventory, the diagnosis, of taking up the challenges which paralyze the business environment and the Public-Private dialogue, he indicated.

Mr. Nshimirimana added that they have, in their strategy, made proposals so that the Public-Private dialogue can work perfectly and so that the business climate should be favorable and attractive for local and international investors.

He specified that the Public-Private dialogue is a permanent dialogue between the private sector and the various State institutions, either to put in place new laws, new decrees or new application orders that affect business, taxes and duties; but also, to think of all the categories of non-tariff barriers that block cross-border trade or administrative reforms in the sense of alleviating all the administrative seriousness.

The Burundi Development Agency (ADB), however, has launched an electronic online company registration platform, which means that today, instead of physically presenting oneself to the ADB headquarters, one can register the company online and pay online.

There will be no contact between the tax auditor and the taxpayer, except in the case of fair verification problems and this will reduce wasting time queuing at the OBR and the risks of corruption will also be reduced, he said.

Note that the Africa Rise project is supported by the European Union and works in African countries.