Burundi - Recent economic development and prospects

LU- U -t LI Report No. 504a-BU Pgnrgnt Ircnne-mir Flawinim(nt dHJU r[ ~L.jUI DUIUH1U January 14, 1975 Country Programs Department II Eastern Africa Region Not for Public Use LUMA Document of the International Bank for Reconstruction and Development International Development Association This report was prepared for official use only by the Bank Group. It may not be published, quoted or cited without Bank Group authorization. The Bank Group does not accept responsibility for the accuracy or completeness of the report.  CURRENCY UNIT The Burundi Franc (BuF) EXCHANGE RATE Until December 1972: US $1.00 = BuF87.5 BuFlO = U9$1.14 Since January 1973: US$1.00 = BuF78.75 BuF100 = US$1.27 FISCAL YEAR January 1 - December 31 STANDARDS Metric  TABLE OF CONTENTS Page No. COUNTRY DATA SUMMARY AND CONCLUSIONS ............i............. i I. INTRODUCTION .. .............. - 1 II. RECENT ECONOMIC DEVELOPMENTS ................. .. 2 A. Population and Employment ..... ............. 2 B. Origin and Use of Resources........: . ....... 2 C. Public Finance .................... ........ 9 III. THE MAJOR SECTORS .............................. 13 A. Agriculture ....... ......................... 13 Foodcrops ....... ........................ 15 Coffee ........ .......................... 16 Cther Cash Crops ...... .................. 19 B. Animal Husbandry ............................ 21 C. Fishing ......... 21 D. Minine ......... 22 E. Industry ........... ........................ 22 F. Trannnort .......... ........................ 23 Roads ........... ........................ 23 Tn-ternntinnn] Trannnort ................. G. Education .......... ........................ 24 PrimAryr Rfininti on ...................... Secondary Education .................... 25 Vorntinn-Al nnd Thrchnir.n1 Educration ....... 26 Higher Education ....... ................. 26 Education Flnanne ....... ................ 27 IV. MAJOR T.RS;TRF. AND PRORPrT.R -.2........ ........8 A. Tntereasing Tnvestment and Ahbsorpt