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Interview with Jean Ndenzako "The Unification of Rates Is a Macroeconomic Shock Therapy"
Summary
For several years, the International Monetary Fund (IMF) has been recommending to the Burundian government to unify the official exchange rate and that of the parallel market. Why is this reform slow to be implemented? Why have some countries almost eliminated this gap? Economist Jean Ndenzako analyses the stakes, risks and possible solutions.
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At a time when the IMF via its representative in Burundi reiterates its call for the unification of the exchange rate, the Burundian government hesitates, is justified without convincing. This reform that could change the recommended national economy seems not to be on Gitega's agenda. Economists analyse the stakes .