Nov. 24 (Bloomberg) -- Burundi’s gross domestic product will expand 4 percent in 2010, picking up from 3.5 percent growth in 2009, the International Monetary Fund said in a statement.
“Downside risks include mainly the uncertain external environment and electricity shortages,” the IMF said in a report issued after officials visited the nation from Nov. 8 to Nov. 21. The inflation rate will decline to 7.5 percent next year from about 26 percent in 2008, the IMF forecast.
IMF officials “encouraged the authorities to consolidate progress in good governance and deepen structural reforms, including in the coffee sector,” according to the statement.
To contact the reporter on this story: Victoria Batchelor in Sydney at vbatchelor@bloomberg.net
Source:bloomberg.com/
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