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Burundi - Private Sector Development Project (English)

The project's main objective is to promote growth by supporting the establishment of an incentive framework for export-oriented private sector investment. The project consists of a line of credit for productive investments, support to industrial infrastructure, improvements in the business environment and in financial intermediation, and technical assistance in support of private sector development. Eligible projects to be included under the line of credit (subproject investment financing) include : i) investment projects in all productive sectors, with particular emphasis on export-oriented manufacturing, small-scale mining, and agro-industrial projects; and ii) modernization of equipment. An additional US$3.5 million will be used for an investment program in sites and services in the undeveloped industrial zone of Bujumbura, the capital city. There will also be a technical assistance component which will be passed on as a grant by the government to implementing institutions. The grant will be given to : a) participating intermediaries; b) private entrepreneurs; c) the Central Bank and banks to implement staff training and capacity building programs, to improve banking supervision, economic and monetary analyses as well as credit evaluation; d) Ministry of Commerce and Industry for a Policy Coordinating Unit (PCU); and e) Ministry of Energy and Mining to assist in reforming mining investment and regulatory policies.

Details

  • Document Date

    1992/03/31

  • Document Type

    Staff Appraisal Report

  • Report Number

    10184

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Burundi,

  • Region

    Africa,

  • Disclosure Date

    2010/06/18

  • Disclosure Status

    Disclosed

  • Doc Name

    Burundi - Private Sector Development Project

  • Keywords

    Service Charge des Entreprises Publiques;sites and services;legal and regulatory framework;informal sector;corporate income tax rate;banking regulation and supervision;small and medium enterprise;private sector development strategy;Cost of Doing Business;supply response;business environment;Private Sector Growth;conditions of employment;enforcement of contract;commercial bank;legal reform;private enterprise;manufactured export;effective protection rates;private sector activity;small holder farming;dividend withholding tax;export promotion agency;income developing country;international air transportation;public sector monopoly;liberalization of interest;real estate price;air transport policy;labor market deregulation;financial sector policy;export of goods;total tax revenue;Exchange rate policies;exchange rate policy;private sector initiative;lack of competitiveness;system of credit;private business sector;Energy and Mining;integrated project management;onlending interest rate;foreign exchange risk;economic liberalization process;formal sector entrepreneur;repatriation of capital;condition of effectiveness;air transport deregulation;access to investment;Check and Balances;interest rate policy;Real Estate Law;corporate tax rate;repatriation of dividend;flow of information;hides and skins;commercial real estate;multinational mining company;environmental protection regulation;types of firms;liquidation of asset;public enterprise sector;economies of scale;total labor force;low cost housing;protection of workers;daily wage rate;machinery and equipment;total export revenue;exchange rate adjustment;foreign exchange allocation;tax on capital;fiscal reform program;cost of service;diversification of export;private real estate;conflicts of interest;traditional export sector;small-scale mining activity;foreign private investment;social security fund;competitively priced products;export promotion policy;public sector entity;competitive exchange rate;private sector investor;capacity building program;structural adjustment reform;credit risk exposure;income tax holiday;high population density;Public Enterprise Reform;landlocked country;adjustment program;productive investment;legal profession;enterprise creation;banking institution;production cost;Tax Reform;legal text;agricultural sector;macroeconomic reform;investment code;investment cost;commercial activity;industrial country;financial resource;Labor Law;tariff reform;industrial activity;tariff protection;modern sector;private investor;Trade Policies;employment opportunity;employment opportunities;principal export;industrial infrastructure;average yield;auction market;financial instrument;financial intermediation;Trade Policy;Exchange Rates;products export;notary public;appraisal mission;labor code;financial situation;productive activity;private management;legal environment;export trade;internal capacity;export drive;indirect subsidy;cooperative bank;customs administration;Tax Code;turnover tax;prefeasibility study;regulatory system;export market;special fund;tax inspector;depreciation schedule;airport service;collect debt;exclusive domain;liberalization efforts;duty drawback;liberalization measure;manufactured products;leased equipment;tariff rate;airport fees;business litigation;initial investment;tax credit;restrictive law;personnel cost;monetary analysis;legal consultancy;commercial code;grant financing;transit costs;remove trade;tax rule;Bankruptcy Law;air freight;license procedure;Export Diversification;self-employed individual;liberalization policy;legal system;legal decision;debt finance;loan contract;administrative regulation;Property title;political liberalization;regulatory issue;depreciation allowance;inflation accounting;legal regime;start-up capital;business condition;food product;Labor Policies;capital gain;bankruptcy regulation;obsolete equipment;housing finance;taxable profit;regulatory provision;guarantee operation;aid agency;legal framework;traffic right;doubtful loan

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Citation

Burundi - Private Sector Development Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/890921468016843534/Burundi-Private-Sector-Development-Project