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The Cabinet has approved the Public Investment Program 2023-2026

ByWebmaster

Mar 23, 2023

BUJUMBURA March 23rd (ABP) – The Cabinet, meeting on March 15, under the chairmanship of the Head of State, Mr. Evariste Ndayishimiye, adopted the Public Investment Program (PIP) 2023-2026. The PIP is a set of projects and programs submitted by the various ministries as milestones for the implementation of the National Development Plan.

That program presents the projects in progress for which financing is available or assured and those for which financing is yet to be raised. Thus, the PIP, analyzed and passed by the Cabinet, counts for “382 projects, including 129 projects in progress, 151 projects in preparation, 66 projects having the new/approved status and 36 projects having the status of project idea. According to the program figures, published for the year 2023-2024, the budgetary loans available for investment are estimated at 1.265 billion BIF, an increase of 6.82% compared to the year 2022-2023.

After adoption of that program, the Cabinet selected five priority projects during the year 2023-2024, namely the construction of the Kajeke irrigation dam, a breeding center and rabbit multiplication, the development of the RUGOFARM agro-pole in Cibitoke, the rehabilitation of the Melchior Ndadaye international airport and the automation of tax declaration and payment procedures and the deployment of 3,000 electronic invoicing cash registers.

Alongside the priority projects, the Cabinet has selected 2nd priority projects for the same 2023-2024 financial year. In terms of infrastructure, the construction of 1,000 social housing units has been retained. The Cabinet also retained the construction of 5km of paved roads in the provincial headquarters of Muyinga, Kayanza, Makamba, Cankuzo, Rutana and Gitega and the rehabilitation of 8 provincial roads. At the health level, the Cabinet has retained the construction and equipment of 37 communal hospitals as well as the construction of a cancer center.

In terms of agriculture and livestock, the Cabinet provides for: the construction of 2 modern storage sheds; the development of two agro-poles including animal husbandry and integrated mechanized agriculture, with an irrigation system. There are also plans to build pig, poultry and rabbit breeding centers. In terms of energy and mines, the Cabinet has retained the electrification of 36 centers including 21 headquarters of communes as well as the construction of a carbonized peat processing plant.