 Burundi joined the World Bank in 1963. Beginning with a credit from the World Bank's International Development Association (IDA) for water supply in 1966, over US$995 million in IDA credits and US$457 million in IDA grants have so far been approved. As of September 2009, the World Bank has ten active projects in Burundi with a total commitment of US$337.4 million. The undisbursed balance stands at US$233.4 million.
The support that the World Bank plans to provide to Burundi from 2008-2012 is outlined in the Country Assistance Strategy (CAS). The CAS, based on Burundi’s Poverty Reduction Strategy Paper (PRSP), will help reinforce a medium-term vision of sustainable development, assisting Burundi’s transition from a post-conflict economy to a developing economy. The CAS focuses on two strategic objectives: (i) promote sustainable and broad-based economic growth; and (ii) improve access to social services and consolidate social stability. Governance is a cross-cutting CAS objective.
For more information see the country brief.
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