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The Prime Minister received in audience an IMF delegation

ByWebmaster

Jan 19, 2024

BUJUMBURA January 19th (ABP) – Burundi Prime Minister Gervais Ndirakobuca received in audience on the evening of Wednesday, January 17, 2024, a delegation from the International Monetary Fund (IMF) led by Astou Diouf, Head of Mission of the IMF on Burundi.

At the end of that audience, she announced, in an interview with the press, that the discussions focused on the state of implementation of Burundi’s program with the IMF concluded in July 2023, adding that they have agreed to carry out the review of that program during the last six months, but also to implement macroeconomic policy and to agree on the new quantitative objectives for the coming year.

According to her, the discussions went well and the implementation of the program was satisfactory with many improvements on several dimensions.

According to Diouf as a delegation, they had to congratulate the Prime Minister for having taken difficult but necessary measures, in particular the steps which have been taken on the liberalization of the foreign exchange market where since the beginning of January the accounts of some international organizations (NGOs) have been transferred from the central bank to commercial banks.

Mrs. Diouf also mentioned the export revenues of private companies which could be transferred to commercial banks, which will facilitate the circulation of currencies. She also reported that the delegation noted the adoption of the revised budget at the end of December 2023 which made it possible to consolidate public finances much further.