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This tiny landlocked nation in East Africa is the world's poorest country, whose inhabitants grapple with hunger and economic ...
ABUGARAMA, Burundi (AP) — At an intersection in this small farmers’ town nestled in the misty mountains surrounding the Burundi capital, traders jostle to sell vegetables to passing motorists ...
A week ago, the capital's Central Market burned to the ground. Now the tiny East African nation is struggling with rapid inflation and price hikes as rumors circle about the cause of the fire.
Whenever the crisis in Burundi is discussed, the economy is often overlooked, even though it is central to understanding the backdrop to the most severe crisis since the end of the civil war.
Brief History of Burundi's Economy. Since independence in 1962 from Belgium, Burundi has been plagued by a cycle of civil wars. The country has witnessed five eruptions of civil wars which have ...
The central African nation of Burundi may be winning plaudits for its economic reforms and relative peace after nearly two decades of civil war, but shopowners like Niyonzima Alimasi have little ...
Burundi's economic output is expected to shrink by 7.2 percent this year after 4.7 percent growth in 2014, but expand again by 5.2 percent in 2016, the International Monetary Fund said.
More than 50 percent of Burundi's budget is financed by foreign donors, some of whom the government has alienated with its violent suppression of the opposition. Some, like former colonizer ...
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