East African Business Week (Kampala)
12 November 2007
The International Monetary Fund has promised to disburse U.S. dollar 80 million before the end of 2007. This was indicated in press conference that was jointly held by Paul Mathieu from the IMF and the Burundi's finance minister, Ms Clotilde Nizigama. Paul Mathieu said that the government of Burundi has succeeded in stabilizing the inflation rate.
The disbursement of these funds is still conditioned on good governance, a census of all civil servants, and speeding up the demobilization process.
The Finance minister, Ms Clotilde Nizigama, indicated that the government will increase its effort to make the retroactive payment of a 34&percnt increase in salary for civil servants possible.
Be the first to Write a Comment!
Copyright © 2007 East African Business Week. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
