• Fri. Jul 19th, 2024

The draft decree on games of chance, lotteries and prediction competitions in Burundi was on the agenda of the Cabinet meeting on Wednesday 26 June

ByWebmaster

Jul 5, 2024

BUJUMBURA, July 4th (ABP) – The analysis of the draft decree governing games of chance, lotteries and prediction competitions in Burundi was on the agenda of the Cabinet that met in Gitega on Wednesday 26 June 2024, chaired by the Burundian Head of State, Evariste Ndayishimiye.

According to a press release issued by the Government Secretariat, until 2000 only LONA organized gambling throughout Burundi through instant scratch cards. At present, LONA has 15 approved partners who have signed concession contracts and continues to receive requests from other operators wishing to invest in the sector.

In that way, LONA has become both operator and regulator, according to the press release.

In 2023, the government adopted a strategy for the control and regulation of gambling, which provides for the establishment of a legal framework to better regulate the gambling sector so that it can contribute to the socio-economic development of the country.

That draft decree therefore responds to those concerns and will, among other things, allow for an organized, regulated and controlled gaming sector. It will also protect the population in general and gamblers in particular, and assess the contribution of gambling companies to the socio-economic development of the country.

Following its analysis, the Cabinet made a number of observations. The amount collected by the operator and paid into the state coffers should be carefully examined. The conditions under which those activities are carried out need to be clarified. In addition, the places and times when such activities are carried out will be determined. In addition, the time limits for the licensed operator to carry out the activity must be specified, as well as the conditions for the renewal of the operating license.

The draft will be submitted to the Cabinet at a later date and will be examined at the same time as the draft decree on the creation, functions, organization and operation of the Burundi Gambling Regulatory Authority.

At the same meeting, a note on the rebasing of Burundi’s national accounts for 2016 was analysed. That note was prepared in accordance with the provisions of the decree on the creation, mandate, composition and operating rules of the National Statistical Information Committee, which stipulates, inter alia, that the deliberations of the National Statistical Information Committee are to be reported to the Cabinet meeting.

National accounts enable countries to provide a synthetic and coherent description of their economies, to determine their gross domestic product and to provide a snapshot of their economies at a given point in time.

The United Nations has developed, adopted and made available to countries the methodology to be followed in compiling their national accounts, with a view to harmonizing the methodology so that international comparisons can be made. That methodology evolves over time. On 11 June 2024, the National Statistical Information Committee met to analyze the 2016 accounts. After considering the conclusions of the analysis of the 2016 national accounts, the Cabinet approved the publication of the 2016 national accounts.

The Cabinet meeting also recommended that the Burundi National Institute of Statistics be provided with sufficient technical staff to carry out its mission properly.