Burundi: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Burundi

The 2026 Article IV Consultation discusses that Burundi is a fragile, low‑income country facing structural challenges, including weak institutions and high vulnerability to external shocks. The legacy of the 2015 crisis and the conflict in neighboring Democratic Republic of the Congo constrain development. Recent years have been characterized by low growth, high and volatile inflation, shortages, and external imbalances. The near‑term outlook is favorable, with growth supported by higher export prices and relatively low exposure to global developments. Inflation pressures are expected to ease in 2026, reflecting prudent fiscal policy. External imbalances are forecast to remain significant in the absence of foreign exchange reforms. Key priorities include sustaining fiscal consolidation through increased revenue mobilization, rationalization of tax expenditures, and strengthened public financial management, while increasing priority social and investment spending.