Burundi
People: October to December 2023
A round-up of central bankers in the news and on the move during the past three months
Banknotes: October to December 2022
A round-up of news and salient issues that have affected central bankers in the past three months
Burundi lifts capital controls
Central bank permits bureaux de change to reopen and allows receipt and transfer of FX
People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months
People: Pimco re-hires Fed’s Clarida
Burundian president replaces central bank chief; Israeli research chief stepping down
People: UK’s FCA appoints head of ESG
Burundian senior officials switch roles and senior Vietnamese supervisor is promoted
People: new vice-governors in Burundi and the UAE
Plus appointments at the CFTC and Caribbean Development Bank
Burundi central bank updates banknotes
New notes will be higher quality and harder to counterfeit, central bank says
East Africa inches closer to monetary union
Progress report indicates some reform but many remaining issues; IMF officials flag problem areas and offer advice on shape of financial stability authorities
East African governors praised for balancing act
Central bank heads in region have “done extremely well”, Kaberuka says; panellists at Bank of Uganda event debate central bank mandates and role in development
EAC officials highlight exchange rate pass-through concerns
Both central banks wary of potential for domestic inflation to increase in face of depreciating currencies; concerns over impact of external environment raised in EAC member statement
East African governors say structural measures needed to stabilise currencies
Senior central bank officials from Burundi, Kenya, Rwanda, Tanzania and Uganda identify measures necessary to ensure long-term stability of their currencies
IMF calls on East African Community to explore risk-sharing
Paper explores the nature and prevalence of asymmetric shocks in the EAC, concluding it is ‘critical’ it has shared mechanisms for absorbing them when its members form a monetary union
Rwandan governor: East African Monetary Union progressing ‘as planned’
John Rwangombwa says there are ‘big gaps’ between the five member states of the East Africa Community, but he is ‘comfortable’ with the progress towards closing them
IMF and EAC partner up to improve regional statistics
The East African Community will receive technical assistance from IMF in effort to improve its collection of government finance statistics; Rwandan governor says partnership is ‘important’
South Sudan to East African Community: ‘do not reject us’
East African Community sends 'high level technical mission' to South Sudan in first step of a accession process which it expects will be 'tedious'
East Africa takes more steps on path to integration
East African Community agrees to expand its relationship with a regional counterpart; implements new project to harmonise payment and settlement systems
East African Community secures €4.5 million EU loan
The deal is aimed at bolstering regional integration and forms part of bigger effort to bind African markets closer together
East African states strike deal over monetary union
Political leaders from Burundi, Kenya, Rwanda, Tanzania and Uganda sign protocol outlining the path towards an East African single currency area
IMF working paper calls for consistency in East African monetary policy
Study into monetary transmission mechanism in the East African Community finds policy tools often used in a contradictory manner
First consultations held on currency for East Africa
Bank of Tanzania hosts first meetings on plans for East African Monetary Union