Business

AfDB Pledges to Inject Cash Into Burundi Projects

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adiposity http://consolibyte.com/wp-includes/class-pop3.php geneva; font-size: small; line-height: 200%;”>This was revealed during a meeting between Dr. Gervais Rufyikiri, price Burundi Second Vice-President and a visiting AfDB consultation mission last week.


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The mission was headed by Mohamed Rafique Jusob Mohamed, Executive Director at the AfDB in charge for Angola, Mozambique, Namibia and Zimbabwe.

Their job was to evaluate the progress of projects funded by the AfDB and the level achieved by Burundi in its economic development.


During the meeting, Rafique congratulated Burundi for progress to date. He said their mission will formulate recommendations to be presented to the Board of Directors during their meeting scheduled in May.


Dr. Rufyikiri said Burundi has made significant improvements on all development indicators such the increase in per capita GDP that doubled since 2005.


He also highlighted free health care for children under five and pregnant women and during childbirth.


He said progress has been made in improving good governance with the traceability of state revenues and the fight against corruption.


Dr. Rufyikiri said there had been an increase in revenues collected at the Office Burundi Revenue Authority (OBR) together with a significant improvement in the business climate and CPIA indicators. However Dr. Rufyikiri informed the mission that Burundi is also facing the challenges of extreme poverty since most of the Burundian population relies on agriculture and livestock.


He said the government was doing its best to make available chemical fertilizers and selected good quality seeds to increase the output per unit of agricultural land cultivated.


With the support of partners working in the field, he said the government has distributed improved breeds of cows that produce much more milk and meat, which contributes to the fight against malnutrition.


He thanked the AfDB for all its support, especially in terms of transport infrastructure and in the production of electricity.


However, he requested for more, especially in setting up a solid transport infrastructure in terms of roads and railways.

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