adminBUJUMBURA. – Burundi’s economy is expected to expand by 5,4 percent in 2015 compared with 4,8 percent in 2014 thanks to major infrastructure projects, the central African state’s finance ministry said yesterday. “The economic outlook for 2015 is favourable based on the implementation of key infrastructure projects including the construction of roads, hydropower dams and ongoing installation of the sea cable for the telecom sector,” Desire Musharitse, spokesman for the finance ministry, told Reuters.
Her forecast was higher than that of the International Monetary Fund, which last week projected a 4,7 rise in growth for 2015, the same as in 2014, reflecting ongoing public investment in roads and energy.
Burundian inflation in 2015 is projected to average 5,5 percent, down from 6 percent in 2014, the IMF said, thanks to a fall in international prices of fuel and food. – Reuters.
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