Burundi - Joint IDA-IMF staff advisory note on the second poverty reduction strategy paper (2012-2015)

The World Bank

Burundi - Joint IDA-IMF staff advisory note on the second poverty reduction strategy paper (2012-2015) (English)

Abstract

The Second Poverty Reduction Strategy Paper (PRSP-II) articulates Burundi's development priorities from 2012-15. With the objective to address the country's main development challenges, and learning from the PRSP-I, the Government has built its new strategy... See More + The Second Poverty Reduction Strategy Paper (PRSP-II) articulates Burundi's development priorities from 2012-15. With the objective to address the country's main development challenges, and learning from the PRSP-I, the Government has built its new strategy on four strategic axes: (i) strengthening the rule of law, consolidating good governance, and promoting gender equality; (ii) transforming Burundi's economy to achieve sustainable and job-creating growth; (iii) improving access to and quality of basic services and strengthening social protection; and (iv) promoting environmental and land management to ensure the preservation of the country's natural assets. Staffs believe successful implementation of the PRSP-II will contribute to the realization of Burundi's Vision 2025. The sources of growth identified in the PRSP-II reflect the mix of Burundi's natural endowment and new economic realities. The focus is rightly put on modernizing agriculture through value chains (i.e., key staple foods, milk and meat) since this sector accounts for about 90 percent of current employment. Expanding and diversifying exports beyond coffee and tea is also a key objective to reduce the country's external vulnerability and promote job creation. The PRSP-II also aims at unleashing growth potential in the mining and tourism sectors. Lastly, regional integration within East African Community (EAC) is viewed as an important channel for enhancing local private activities thanks to connective infrastructures and sustained business environment improvements. Staffs recognize ongoing reform will have stronger impact by implementing the action plan of the updated Diagnostic Trade Integration Study. The PRSP-II seeks to address a series of challenges that are expected to bring quick wins to the population in a still fragile economic and social environment. Although significant improvements have been achieved on the political front over the past few years, the peace dividend needs to be solidified further to unlock the benefits of economic growth. Welfare enhancing quick wins, notably improved access to health, education, and water and sanitation, will foster support for the reforms and facilitate the ongoing nation building process. The PRSPII identifies six development and growth challenges: (i) the strong demographic pressure; (ii) the need to intensify agricultural productivity to sustain food security; (iii) the need to increase the efficiency of public spending; (iv) the acceleration of the private sector development; (v) energy supply; and (vi) the strengthening of institutional capacity. See Less -

Document Date 2012/07/12
Report Number 70486
Volume No 1
Total Volume(s) 1
Country Burundi;
Region Africa;
Disclosure Date 2012/09/06
Disclosure Status Disclosed
Doc Name Burundi - Joint IDA-IMF staff advisory note on the second poverty reduction strategy paper (2012-2015)
Keywords
rural area;Rule of Law;access to safe drinking water;promoting gender equality;information and communication technology;Macroeconomic and Fiscal Framework;Justice Systems ... See More +
Language English
Rel. Proj ID BI-Burundi Joint Staff Advisory Note For Prsp II -- P122534;
TF No/Name TF099887-Support for Burundi Poverty and PRSP
Topics Justice; Water; Poverty; Education; Health;
Historic Topics Environment; Public Sector Development; Governance; Health, Nutrition and Population;
Historic SubTopics Judicial System Reform; Health Care Services Industry; Educational Sciences; Hydrology; Inequality;
Unit Owning AFT: PREM 5 (AFTP5)
Version Type Final
Product Line JSA/PRSP and JSA/I-PRSP

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Burundi - Joint IDA-IMF staff advisory note on the second poverty reduction strategy paper (2012-2015) (English)

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Documents & Reports

Burundi - Joint IDA-IMF staff advisory note on the second poverty reduction strategy paper (2012-2015) (English)

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Complete Report in English

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