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International Monetary Fund. African Dept.
Economic impact. COVID-19 is having an adverse economic impact on Burundi. The pandemic is affecting Burundi through an evolving domestic outbreak and economic spillovers from the global and regional environment, including from the containment measures introduced in trading partners and neighboring countries. Economic growth projections for 2020 have been revised down by 5.3 percentage points to -3.2 percent in 2020. The pandemic has exacerbated pre-existing economic challenges and creates an external financing need of 4.7 percent of GDP in 2020 and 2021, mainly as a result of lower exports in line with lower foreign demand due to lower global growth and transportation bottlenecks from containment measures in other countries; elevated imports needs related in part to the planned fiscal spending aimed at responding to the pandemic; and reduced remittances inflows. The pandemic has also created a fiscal financing need of 6.9 percent of GDP, which will need to be met mainly from external sources.
International Monetary Fund. African Dept.
Economic impact. COVID-19 is having an adverse economic impact on Burundi. The pandemic is affecting Burundi through an evolving domestic outbreak and economic spillovers from the global and regional environment, including from the containment measures introduced in trading partners and neighboring countries. Economic growth projections for 2020 have been revised down by 5.3 percentage points to -3.2 percent in 2020. The pandemic has exacerbated pre-existing economic challenges and creates an external financing need of 4.7 percent of GDP in 2020 and 2021, mainly as a result of lower exports in line with lower foreign demand due to lower global growth and transportation bottlenecks from containment measures in other countries; elevated imports needs related in part to the planned fiscal spending aimed at responding to the pandemic; and reduced remittances inflows. The pandemic has also created a fiscal financing need of 6.9 percent of GDP, which will need to be met mainly from external sources.
International Monetary Fund. African Dept.

(In percent of quota) PRGT Repayment (ECF) 23-Jul-20 500,000 0.32 0.32 PRGT Repayment (ECF) 24-Jul-20 660,000 043 0.75 PRGT Repayment (ECF) 31-Jul-20 660,000 043 1.18 PRGT Repayment (ECF) 6-Aug-20 400,000 0.26 1.44 PRGT Repayment (ECF) 7-Aug-20 100,000 0.06 1.51 PRGT Repayment (ECF) 21-Aug-20 500,000 0.32 1.83 PRGT Repayment (ECF) 2-Sep-20 500,000 0.32 2.16 PRGT Repayment (ECF) 10-Sep-20 500,000 0.32 2.48 PRGT Repayment (ECF) 17-Sep-20 500

International Monetary Fund. African Dept.

Request for Debt Relief Under the Catastrophe Containment and Relief Trust-Press Release; Staff Report; and Statement by the Executive Director for Burundi

International Monetary Fund

recorded fully at time of commitment. Table 3. Islamic Republic of Afghanistan: Debt Service to the IMF, 2020–22 As of February 29, 2020 (in SDR) Concept Original Disbursement Date Due Date Total Amount Eligible for CCR Debt Relief Debt Relief as % of Quota Debt Relief as Cum.% of Quota PRGT Repayment (ECF) 11/23/2011 5/21/2020 1,200,000 1,200,000 0.4 0.4 PRGT Repayment (ECF) 7/10/2012 7/9/2020 1,200,000 1,200,000 0.4 0.7 PRGT Repayment (ECF) 11/23/2011 11/23/2020 1,200,000 1

International Monetary Fund. African Dept.

Eligible for CCR Debt Relief Debt Relief as % of Quota Debt Relief as Cum. % of Quota PRGT Repayment (ECF) 5-Mar-12 5-Sep-17 1,836,000 1,836,000 1.7 1.7 PRGT Repayment (ECF) 5-Mar-12 5-Mar-18 1,836,000 1,836,000 1.7 3.4 PRGT Repayment (ECF) 5-Oct-12 5-Apr-18 1,836,000 1,836,000 1.7 5.1 PRGT Repayment (ECF) 5-Aug-08 3-Aug-18 504,501 504,501 0.5 5.6 PRGT Repayment (ECF) 5-Mar-12 5-Sep-18 1,836,000 1,836,000 1.7 7.3 PRGT Repayment (ECF) 5-Oct-12 5-Oct-18 1

International Monetary Fund
This paper proposes that the Executive Board determine that the global COVID-19 pandemic constitutes a Qualifying Public Health Disaster (QPHD) under the Catastrophe Containment (CC) Window of the Catastrophe Containment and Relief Trust (CCRT), in line with the new QPHD test approved by the Board on March 26. The CCRT has sufficient financial resources for an initial tranche of grant assistance for debt service relief covering eligible debt falling due from all CCRT-eligible members through October 13, 2020. Fundraising efforts continue to secure the financial resources needed to commit future such tranches for CCRT debt service relief, up to a cap of two years. Staff considers that the 25 members requesting CCRT assistance qualify for immediate CCRT relief.
International Monetary Fund. African Dept.
This paper discusses Guinea’s Request for Debt Relief Under the Catastrophe Containment (CC) Window of the Catastrophe Containment and Relief (CCR) Trust. Since early 2014, Guinea has been experiencing an ongoing Ebola epidemic that has spread to several countries in the region. The immediate economic effect of the Ebola epidemic has been a pronounced slowdown in 2014. Performance under the Extended Credit Facility arrangement has been satisfactory, the difficult macroeconomic environment notwithstanding. The IMF staff supports the authorities’ request for assistance under the CC window of the CCR Trust given the nature of the public health disaster, and the ensuing financing needs to contain the disease and rehabilitate Guinea’s public health system.