TohidA/MONA · Datasets at Hugging Face

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Initiate audit, by the audit court, of the 2004 government accounts

1

05/31/2005

M

N/A

2

1

2005-05-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of the audit court's report of the 2004 government accounts.

1

09/30/2005

SB

N/A

2

1

2005-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Begin privatization program (with launch of tenders) of state shares in enterprises in the financial, industrial, and other sectors

1

12/30/2005

SB

N/A

2

1

2005-12-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Begin privatizing coffee sector assets by launching tenders for Sogestals, washing stations, and the state share in SODECO

2

06/30/2005

SB

N/A

2

2005-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Assessment that all banks in operation meet the minimum capital requirement

1

03/31/2004

M

N/A

2

1

2004-03-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SB

27

8. International trade policy, excluding customs reforms

Lift trade restrictions and price controls on sugar

1

09/30/2005

M

N/A

2

1

2005-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Adopt an action plan defining the new roles of coffee sector institutions (including OCIBU) to be in place for the start of the 2006 crop season (April 2006), consistent with coffee sector reform strategy.

1

11/30/2005

SB

N/A

2

1

2005-11-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Issue decree for the liberalization of coffee sector marketing and trade at all levels of the production chain

2

03/31/2005

M

N/A

2

2005-03-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SPC

20.6

1.6. Expenditure auditing, accounting, and financial controls

Establishment of new auditing court (Cour des comptes)

1

03/31/2004

W

Waived at P1R1.

2

1

2004-03-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SPC

20.6

1.6. Expenditure auditing, accounting, and financial controls

Install a computarized financial management information system (IFMIS) of moderate size in the Ministry of Finance, with the link to the BRB, designed to monitor budget implementation (notably social spending), and produce summary fiscal tables.

2

10/30/2005

PC

N/A

2

2005-10-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SPC

21.1

2.1. Central bank operations and reforms

Adoption of weekly liquidity auctions and introduction of a marginal refinancing window at a penalty rate, and reform of the system of mandatory reserve requirements, with reserves to be held only in the form of deposits with the BRB.

1

06/30/2004

W

At P1R1, the PC was only partly observed as liquidity auctions were not introduced. Corrective action was taken and a waiver was granted.

2

1

2004-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

N/A

2005-07-27

P1

R2

BLANK

SPC

26

7. Exchange systems and restrictions (current and capital)

Abolish remaining export surrender requirement (50 percent of coffee, tea, and cotton exports receipts)

1

03/31/2005

M

N/A

2

1

2005-03-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Modify import pre-inspection regime: (i) abolish levy for private sector development fund; (ii)modify the 10 percent fine for nonpre-inspection to a graduated rate and apply it; and (iii) ministerial order instituting a generalized pre-import declaration obligation at customes thereby delinking it from the exchange regulation regime.

1

Second Review Prior action

M

N/A

3

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Put into effect the new regulation on import procedures of January 24, 2006

2

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Finalize preparations for the introduction of a single taxpayer identification number for all government revenue services on July 1, 2005

3

Second Review Prior action

M

N/A

3

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Begin implementation of provisions for effective assessment and collection of income tax on Burundians working in local offices of all international agencies and institutions established in Burundi.

4

Second Review Prior action

M

N/A

3

4

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Submit to parliament the new customs code, reflecting the comments of the IMF techinical mission on customs administartion

5

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

5

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.2

1.2. Revenue administration, including customs

Submission to parliament of law on statute of magistrates of the audit court (Cour des comptes)

6

First Review Prior action

M

N/A

3

6

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.3

1.3. Expenditure measures, including arrears clearance

Adoption by the council of ministers of a plan for clearing the domestic arrears of the budget, setting the amount to be cleared and the the clearing modalities agreed with IMF staff.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Introduction of the new budget and accounting charter with 2005 budget

1

First Review Prior action

M

N/A

3

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Reinforce civil service wage bill management through the posting of a budget control unit at the ministry of the civil service to monitor wage bill commitments and payments.

2

Second Review Prior action

M

N/A

3

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Passage by parliament of a law on the status of magistrate of the audit court.

3

Second Review Prior action

M

N/A

3

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Presentation of 2005 budget to parliament consistent with program objectives

1

First Review Prior action

M

N/A

3

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Adoption by Parliament of a budget law for 2004 in line with program objectives

2

Program Prior Action

M

N/A

3

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Approve the 2006 supplementary budget in accordance with the macroeconomic objectives for 2006, as discussed with the IMF staff

3

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

21.2

2.2. Central bank auditing, transparency, and financial controls

Transmit to the IMF the report on the internal audit of the BRB on program data, as specified in the TMU, for end-June and end-December 2005.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Adopt action plans for the rehabilitation of noncomplying banks.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

26

7. Exchange systems and restrictions (current and capital)

Elimination of all remaining exchange restrictions on current account transactions and bona fide amortization payments

1

Program Prior Action

M

N/A

3

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Ministry of Commerce order abolishing the list of SOSUMO sugar wholesalers and establishing the freedom to operate for wholesalers on the basis of a set techinical criteria.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Abolition the technical commissions of OCIBU.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Establish a committee for the coordination and monitoring of the coffee sector reform, with terms of reference, objectives, and operational modalities.

2

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Reform the marketing committee of OCIBU to include representatives of all operators in the coffee sector.

3

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

3

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Abolish the "loyer verger" on coffee sector producers.

4

Second Review Prior action

M

N/A

3

4

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Publish ministerial order on the freedom of direct sales in the coffee sector

5

Second Review Prior action

M

N/A

3

5

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Extension of the transactions tax to domestically produced goods and services

1

01/31/2004

M

N/A

3

1

2004-01-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Complete audited inventory of domestic arrears

1

06/30/2005

MD

At P1R3R4 inventory completed May 20, 2005. External audit completed February 20, 2006.

3

1

2005-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Intergrate the Budget payroll in the Intergarted Finance Manegement Information System (IFMIS)

1

12/30/2006

SB

N/A

3

1

2006-12-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Initiate audit, by the audit court, of the 2004 government accounts

2

05/31/2005

M

N/A

3

2

2005-05-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of the audit court's report of the 2004 government accounts.

1

09/30/2005

MD

At P1R3R4, completed in December 6, 2005.

3

1

2005-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

21.1

2.1. Central bank operations and reforms

Submit to the National Assembly the revised BRB Charter establishing the independence of the central bank

1

09/30/2006

SB

N/A

3

1

2006-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Launch the coffee sector privatization program by issuing tenders for sale of the washing stations and shelling factories

1

10/30/2006

SB

N/A

3

1

2006-10-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Begin privatization program (with launch of tenders) of state shares in enterprises in the financial, industrial, and other sectors

2

12/30/2005

M

At P1R3R4, tenders for sale launched but suspended before closing date. Two firms (ALCOVIT and ONAPHA) were privatized in 2005.

3

2

2005-12-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Begin privatizing coffee sector assets by launching tenders for Sogestals, washing stations, and the state share in SODECO

3

06/30/2005

MD

At P1R3R4, tenders for sale of two washing stations launched in July 2005. No offers received.

3

2005-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to the National Assembly the draft Anti-Money Laundering bill incorparating the comments of the IMF.

1

09/30/2006

SB

N/A

3

1

2006-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Assessment that all banks in operation meet the minimum capital requirement

2

03/31/2004

M

N/A

3

2

2004-03-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

26

7. Exchange systems and restrictions (current and capital)

Adopt and publish the single exchange system regulation

1

06/30/2006

SB

N/A

3

1

2006-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

27

8. International trade policy, excluding customs reforms

Lift trade restrictions and price controls on sugar

1

09/30/2005

M

N/A

3

1

2005-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Adopt officially, and include in the PRSP, the development plan for statistics prepared by the IMF Statistics Mission in March 2006

1

06/30/2006

SB

N/A

3

1

2006-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Approval by the council of miniters of a new institutional framework for ISTEEBU and a new code for ISTEEBU employees that will allow them hence to produce, without interrupting the principal macroeconomic indicators

2

06/30/2006

SB

N/A

3

2

2006-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Adopt an action plan defining the new roles of coffee sector institutions (including OCIBU) to be in place for the start of the 2006 crop season (April 2006), consistent with coffee sector reform strategy.

1

11/30/2005

NM

N/A

3

1

2005-11-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Issue decree for the liberalization of coffee sector marketing and trade at all levels of the production chain

2

03/31/2005

M

N/A

3

2

2005-03-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SPC

20.5

1.5. Debt Management

Commence tendering of negotiable treasury securities in standard denominations managed by BRB for the account of the government

1

09/30/2006

PC

N/A

3

1

2006-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SPC

20.6

1.6. Expenditure auditing, accounting, and financial controls

Install a computarized financial management information system (IFMIS) of moderate size in the Ministry of Finance, with the link to the BRB, designed to monitor budget implementation (notably social spending), and produce summary fiscal tables.

1

10/30/2005

W

At P1R3R4, system launched January 1, 2006.

3

1

2005-10-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SPC

20.6

1.6. Expenditure auditing, accounting, and financial controls

Establishment of new auditing court (Cour des comptes)

2

03/31/2004

W

Waived at P1R1.

3

2

2004-03-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SPC

21.1

2.1. Central bank operations and reforms

Adoption of weekly liquidity auctions and introduction of a marginal refinancing window at a penalty rate, and reform of the system of mandatory reserve requirements, with reserves to be held only in the form of deposits with the BRB.

1

06/30/2004

W

At P1R1, the PC was only partly observed as liquidity auctions were not introduced. Corrective action was taken and a waiver was granted.

3

1

2004-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2006-07-14

P1

R3R4

BLANK

SPC

26

7. Exchange systems and restrictions (current and capital)

Abolish remaining export surrender requirement (50 percent of coffee, tea, and cotton exports receipts)

1

03/31/2005

M

N/A

3

1

2005-03-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.2

1.2. Revenue administration, including customs

Put into effect the new regulation on import procedures of January 24, 2006

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.2

1.2. Revenue administration, including customs

Submit to parliament the new customs code, reflecting the comments of the IMF techinical mission on customs administartion

2

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.2

1.2. Revenue administration, including customs

Modify import pre-inspection regime: (i) abolish levy for private sector development fund; (ii)modify the 10 percent fine for nonpre-inspection to a graduated rate and apply it; and (iii) ministerial order instituting a generalized pre-import declaration obligation at customes thereby delinking it from the exchange regulation regime.

3

Second Review Prior action

M

N/A

5

3

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.2

1.2. Revenue administration, including customs

Promulgate the customs code.

4

Fifth Review Prior action

M

At P1R5, completed on 1/1/07.

5

4

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.2

1.2. Revenue administration, including customs

Finalize preparations for the introduction of a single taxpayer identification number for all government revenue services on July 1, 2005

5

Second Review Prior action

M

N/A

5

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.2

1.2. Revenue administration, including customs

Begin implementation of provisions for effective assessment and collection of income tax on Burundians working in local offices of all international agencies and institutions established in Burundi.

6

Second Review Prior action

M

N/A

5

6

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.3

1.3. Expenditure measures, including arrears clearance

Adoption by the council of ministers of a plan for clearing the domestic arrears of the budget, setting the amount to be cleared and the the clearing modalities agreed with IMF staff.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.5

1.5. Debt Management

Launch tenders for Treasury bills and bonds in standard denominations, managed by BRB for the account of the government

1

Fifth Review Prior action

M

At P1R5, first tender launched on 12/29/06.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Creation of a unit attached to the office of the Ministry of Finance, responsible for the monitoring and coordination of public finance reforms.

1

Fifth Review Prior action

M

At P1R5, completed on 11/28/06.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Issue decree transferring payroll management to the Ministry of Finance

2

Fifth Review Prior action

M

At P1R5, completed on 2/21/07.

5

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Introduction of the new budget and accounting charter with 2005 budget

3

First Review Prior action

M

N/A

5

3

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Reinforce civil service wage bill management through the posting of a budget control unit at the ministry of the civil service to monitor wage bill commitments and payments.

4

Second Review Prior action

M

N/A

5

4

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Submission to parliament of law on statute of magistrates of the audit court (Cour des comptes)

5

First Review Prior action

M

N/A

5

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Passage by parliament of a law on the status of magistrate of the audit court.

6

Second Review Prior action

M

N/A

5

6

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Approve the 2006 supplementary budget in accordance with the macroeconomic objectives for 2006, as discussed with the IMF staff

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Presentation of 2005 budget to parliament consistent with program objectives

2

First Review Prior action

M

N/A

5

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Adoption by Parliament of a budget law for 2004 in line with program objectives

3

Program Prior Action

M

N/A

5

3

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Promulgate the 2007 Budget Law in conformity with the program discussed with the IMF staff.

4

Fifth Review Prior action

M

Complited 12/30/06

5

4

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

21.2

2.2. Central bank auditing, transparency, and financial controls

Transmit to the IMF the report on the internal audit of the BRB on program data, as specified in the TMU, for end-June and end-December 2005.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Launch the process of dismantling cross-ownership and consilidation of public sector assets with the government.

1

Fifth Review Prior action

M

At P1R5, completed 1/29/07.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Adopt action plans for the rehabilitation of noncomplying banks.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Approval by council of ministers of the draft anti-money laundering law in keeping with IMF staff recommendations.

2

Fifth Review Prior action

M

At P1R5, draft AML law approved by the council of ministers on 2/14/07.

5

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

26

7. Exchange systems and restrictions (current and capital)

Elimination of all remaining exchange restrictions on current account transactions and bona fide amortization payments

1

Program Prior Action

M

N/A

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

26

7. Exchange systems and restrictions (current and capital)

Adopt and publish the single exchange system regulation.

2

Fifth Review Prior action

M

At P1R5, regulation issued on 12/12/06.

5

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

29

10. Economic statistics (excluding fiscal and central bank transparency and similar measures)

Submission to Parliament of the draft statistics law.

1

Fifth Review Prior action

M

At P1R5, completed on 12/21/06.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Ministry of Commerce order abolishing the list of SOSUMO sugar wholesalers and establishing the freedom to operate for wholesalers on the basis of a set techinical criteria.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Establish a committee for the coordination and monitoring of the coffee sector reform, with terms of reference, objectives, and operational modalities.

1

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

1

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Reform the marketing committee of OCIBU to include representatives of all operators in the coffee sector.

2

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

2

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Abolition the technical commissions of OCIBU.

3

Combined Third and Fourth Reviews Prior Action

M

Combined 3rd and 4th reviews prior action.

5

3

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Abolish the "loyer verger" on coffee sector producers.

4

Second Review Prior action

M

N/A

5

4

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

PA

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Publish ministerial order on the freedom of direct sales in the coffee sector

5

Second Review Prior action

M

N/A

5

2023-09-23

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

20.1

1.1. Revenue measures, excluding trade policy

Extension of the transactions tax to domestically produced goods and services

1

01/31/2004

M

N/A

5

1

2004-01-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

20.3

1.3. Expenditure measures, including arrears clearance

Complete audited inventory of domestic arrears

1

06/30/2005

MD

At P1R3R4 inventory completed May 20, 2005. External audit completed February 20, 2006.

5

1

2005-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Intergrate the Budget payroll in the Intergarted Finance Manegement Information System (IFMIS)

1

12/30/2006

MD

At P1R5, completed on 2/20/07.

5

1

2006-12-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Initiate audit, by the audit court, of the 2004 government accounts

2

05/31/2005

M

N/A

5

2

2005-05-31

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication of the audit court's report of the 2004 government accounts.

1

09/30/2005

MD

At P1R3R4, completed in December 6, 2005.

5

1

2005-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

21.1

2.1. Central bank operations and reforms

Submit to the National Assembly the revised BRB Charter establishing the independence of the central bank

1

09/30/2006

NM

At P1R5, completion anticipated in first quarter of 2007.

5

1

2006-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

21.2

2.2. Central bank auditing, transparency, and financial controls

Launch of the first risk-based internal audit of the BRB.

1

03/30/2007

SB

N/A

5

1

2007-03-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Census of all employees in the civil service, police force, and army.

1

06/30/2007

SB

N/A

5

1

2007-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Launch the coffee sector privatization program by issuing tenders for sale of the washing stations and shelling factories

1

10/30/2006

NM

At P1R5, anticipated completion in 2007-08.

5

1

2006-10-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Begin privatization program (with launch of tenders) of state shares in enterprises in the financial, industrial, and other sectors

2

12/30/2005

M

At P1R3R4, tenders for sale launched but suspended before closing date. Two firms (ALCOVIT and ONAPHA) were privatized in 2005.

5

2

2005-12-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Begin privatizing coffee sector assets by launching tenders for Sogestals, washing stations, and the state share in SODECO

3

06/30/2005

MD

At P1R3R4, tenders for sale of two washing stations launched in July 2005. No offers received.

5

3

2005-06-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Submit to the National Assembly the draft Anti-Money Laundering bill incorparating the comments of the IMF.

1

09/30/2006

NM

At P1R5, completion anticipated in first quarter of 2007.

5

1

2006-09-30

N/A

538

BURUNDI

618

PRGF

2004-01-23

2,004

2007-01-22

2,007

2007-09-30

N/A

2007-03-09

P1

R5

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Assessment that all banks in operation meet the minimum capital requirement

2

03/31/2004

M

N/A

5

2

2004-03-31

N/A