01956cas a2200241 a 4500 AALejournalIMF012074 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475505016 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Burundi : 2012 Article IV Consultation and First Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burundi. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (101 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2012 Article IV Consultation highlights that despite a difficult economic and social context, Burundi has made steady, though uneven, progress in implementing its Extended Credit Facility (ECF)-supported economic reforms. Real GDP growth is estimated to have increased to 4.2 percent in 2011. The medium-term macroeconomic outlook is challenging. Risks emanate from a delicate social situation given persistent shocks and the high cost of living. Executive Directors have emphasized the importance of pursuing public financial management reforms to foster greater transparency and accountability, and to strengthen institutional capacity. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/226 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/226/002.2012.issue-226-en.xml IMF e-Library