The economic growth of Burundi, which began recovering from 1.8 percent in 2022 to 2.7 percent in 2023, is set grow by 4.3 percent, this year according to the International Monetary Fund (IMF). “…Growth is projected to accelerate to 4.3 percent in 2024, supported by strong agricultural production, productive investment, and the ongoing reforms. “Agile monetary policy. While the monetary policy (MP) tightening started in 2023 has helped ease inflation pressures, further tightening may be needed. The modernization of the MP framework, including the adoption of a policy rate and quarterly press releases, is expected to improve MP transmission.


Source:   News Business Ethiopia
January 23, 2024 07:16 UTC