by The Fikiria Desk | Jul 17, 2023 | Economics
An IMF programme is usually read as austerity. Read as economics, it is something more precise: a repricing of an entire cost structure that firms have already been paying informally. On 17 July 2023 the IMF’s Executive Board approved a 38-month Extended Credit...
by The Fikiria Desk | Jul 17, 2023 | Content
The discipline of covering a programme like this is separating what is documented today from what will only be knowable later. On 17 July 2023 the IMF approved a 38-month Extended Credit Facility of US$271 million for Burundi, built on macroeconomic stabilisation,...
by The Fikiria Desk | Jul 17, 2023 | Farming
Burundi’s economy is agricultural at its base — coffee, tea and food crops carried by smallholders — yet the value it exports is rarely the value it keeps. That structural gap is the backdrop to the news that on 17 July 2023 the IMF approved a 38-month Extended...