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Republic of Burundi

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About Burundi

Often called “the heart of Africa,” Burundi covers an area of 27,834 square kilometers. Bounded to the North by Rwanda, to the West by Democratic Republic of Congo, and to the East and South by Tanzania, Burundi is part of East-Central Africa. It is part of the region of great lakes and rift valleys, which extends through Central Africa from the Red Sea to Lake Malawi through Ethiopia.

Burundi is a small (about 8.5 million people) and landlocked country. It has one of the highest population densities in Africa, about 300 people per square kilometer.

Burundi made a successful transition to a multi-party system of government from 2000 to 2005. A transitional government, based on power sharing, took office in January 2002 for a 36-month term. In February 2005, the country approved by referendum a new constitution emphasizing power sharing and protection of minority rights. Communal elections took place in June 2005, and Parliamentary elections took place in August 2005.

Since 2000, the Government of Burundi has implemented a program of financial and structural reforms to stabilize the economy and revive economic activity. These have included: prudent monetary policy implemented by a more independent central bank in the context of a liberalized foreign exchange regime, prudent fiscal policy with poverty-focused expenditure priorities, and steps to strengthen and improve the transparency of public financial management.

Economic performance has improved, but real GDP growth still averaged only about 3 percent from 2001-2008. Economic growth remains highly volatile due to its dependence on the widely fluctuating agricultural sector, whose volatility is largely due to climatic shocks in recent years.

Successful implementation of the government’s economic reform program enabled Burundi to reach the Heavily Indebted Poor Country (HIPC) decision point in August 2005 and HIPC completion point in January 2009. Debt relief to Burundi under the enhanced HIPC Initiative will total about USD 832 million in net present value (NPV) terms.

Coordinating Ministries

Monsieur le Ministre des affaires étrburères
Ministère des affaires étrburères
Bujumbura
(Tlx 2234, 2264)
Tel: +244-2-397776;
Fax 396776/393246

Chamber of Commerce and Industry

Chambre de commerce et D'Industrie du Burundi
Avenue du 18 Septembre
B.P. 313 Bujumbura
Tel: (257) 222280
Tlx: 5145 CCI BDI

Manufacturing Association

Export Promotion Board

Investment Centre

Travel/Tourism

Local News

IRIN - Burundi

Link: http://www.irinnews.org/Africa-Country.aspx?Country=BI

AllAfrica - Burundi

Link: http://www.allafrica.com/burundi

Contact us

COMESA Secretariat
COMESA Centre
Ben Bella Road

P. O. Box 30051

Lusaka - ZAMBIA
Tel: +260 211 229725/32
Fax: +260 211 225107

Email:
webmaster@comesa.int
Website:
www.comesa.int

COMESA INSTITUTIONS

African Trade Insurance Agency
COMESA Clearing House
COMESA Court of Justice
FEMCOM
Leather and Leather Products Institute
PTA Bank
PTA Re-Insurance Company
Regional Investment Agency