Browsing: Burundi SEZ

Burundi opens a new chapter to grow its economy

Burundi formulated the National Development Plan (NDP) 2018-2027, in order to provide a socio-economic diagnosis of the country to structurally transform the Burundian economy for robust, sustainable, resilient, inclusive growth, creating decent jobs for all and leading to improved social welfare.

By the same token, the National Peacebuilding Program was developed in 2020 to operationalize the NDP. This program serves as a reference for all intervention strategies and actions aimed at promoting economic growth, community recovery, reintegration and sustainable and inclusive resettlement in Burundi.

Late September marked the launch of an economic memorandum report of Burundi supported by the World Bank. This was aimed at identifying opportunities to accelerate economic growth. Prepared with perspective to the successive external shocks of both the pandemic and the Russia-Ukraine conflict, some of the proposed solutions included increasing agricultural productivity, boosting trade, and managing natural capital, investing in infrastructure, restoring macroeconomic stability and strengthening…