Burundi economy to expand 4.3% in 2024 vs 2.7% last year – IMF
BURUNDI'S economy is projected to expand 4.3% this year from 2.7% in 2023, helped by improved performance in the agriculture sector, the International Monetary Fund said. With a population of 12 million, Burundi's economy relies heavily on agriculture revenues, especially from tea and coffee. "Growth is projected to accelerate ... supported by strong agricultural production, productive investment, and the ongoing reforms," the fund said in a statement late on Monday. Fuel shortages had hampered economic activity in 2023, the fund said. Burundi's economy is only starting to recover from years of conflict and political upheaval under former leader Pierre Nkurunziza…