FREE BOOKS

Author's List




PREV.   NEXT  
|<   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158  
159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   >>   >|  
IFAD, IFC, ILO, IMF, INTERPOL, ITU, LORCS, NAM, OAU, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTO Diplomatic representation: Ambassador Julien KAVAKURE; Chancery at Suite 212, 2233 Wisconsin Avenue NW, Washington, DC 20007; telephone (202) 342-2574 US: Ambassador Cynthia Shepherd PERRY; B. P. 1720, Avenue des Etats-Unis, Bujumbura; telephone [257] (222) 454; FAX [257] (222) 926 Flag: divided by a white diagonal cross into red panels (top and bottom) and green panels (hoist side and outer side) with a white disk superimposed at the center bearing three red six-pointed stars outlined in green arranged in a triangular design (one star above, two stars below) :Burundi Economy Overview: A landlocked, resource-poor country in an early stage of economic development, Burundi is predominately agricultural with only a few basic industries. Its economic health depends on the coffee crop, which accounts for an average 90% of foreign exchange earnings each year. The ability to pay for imports therefore continues to rest largely on the vagaries of the climate and the international coffee market. As part of its economic reform agenda, launched in February 1991 with IMF and World Bank support, Burundi is trying to diversify its export agriculture capability and attract foreign investment in industry. Several state-owned coffee companies were privatized via public auction in September 1991. GDP: exchange rate conversion - $1.13 billion, per capita $200; real growth rate 3.4% (1990 est.) Inflation rate (consumer prices): 7.1% (1990 est.) Unemployment rate: NA% Budget: revenues $158 million; expenditures $204 million, including capital expenditures of $131 million (1989 est.) Exports: $74.7 million (f.o.b., 1990) commodities: coffee 88%, tea, hides, and skins partners: EC 83%, US 5%, Asia 2% Imports: $234.6 million (c.i.f., 1990) commodities: capital goods 31%, petroleum products 15%, foodstuffs, consumer goods partners: EC 57%, Asia 23%, US 3% External debt: $1.0 billion (1990 est.) Industrial production: real growth rate 5.1% (1986); accounts for about 10% of GDP Electricity: 55,000 kW capacity; 105 million kWh produced, 20 kWh per capita (1991) Industries: light consumer goods such as blankets, shoes, soap; assembly of imports; public works construct
PREV.   NEXT  
|<   134   135   136   137   138   139   140   141   142   143   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158  
159   160   161   162   163   164   165   166   167   168   169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   >>   >|  



Top keywords:

million

 
coffee
 

economic

 

Burundi

 

consumer

 

partners

 
billion
 
panels
 

growth

 
capital

expenditures

 

commodities

 

capita

 

Avenue

 

foreign

 

exchange

 

imports

 

Ambassador

 
accounts
 

public


telephone

 

diversify

 

prices

 

export

 
agriculture
 

support

 
Inflation
 

February

 

launched

 
privatized

auction

 

September

 

companies

 

investment

 

attract

 

industry

 
Several
 

conversion

 

capability

 

Exports


Electricity

 

production

 

External

 

Industrial

 
capacity
 
assembly
 

construct

 

blankets

 
produced
 

Industries