Burundi : Request for Modification of Nonconcessional External Debt Limit Under the Extended Credit Facility.

The Burundian government has requested a modification of the zero limit on nonconcessional external debt in the country's arrangement under the Extended Credit Facility (ECF). It has sought to increase the grant element of the financing for the hydroelectric plant. Executive Directors support t...

Szczegółowa specyfikacja

Opis bibliograficzny
Korporacja: International Monetary Fund
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2011.
Seria:IMF Staff Country Reports; Country Report ; No. 2011/315
Dostęp online:Full text available on IMF
Opis
Streszczenie:The Burundian government has requested a modification of the zero limit on nonconcessional external debt in the country's arrangement under the Extended Credit Facility (ECF). It has sought to increase the grant element of the financing for the hydroelectric plant. Executive Directors support this request as the benefits of the hydroelectric plant outweigh the additional risk arising from the proposed line of credit. This will help Burundi increase its electricity generation capacity significantly, which has been identified by both donors and businesses as the major constraint to growth.
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Opis fizyczny:1 online resource (14 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Ograniczenie dostępu:Electronic access restricted to authorized BRAC University faculty, staff and students