{"id":8224,"date":"2018-03-21T07:45:22","date_gmt":"2018-03-21T07:45:22","guid":{"rendered":"http:\/\/www.iwacu-burundi.org\/englishnews\/?p=8224"},"modified":"2018-03-21T14:24:38","modified_gmt":"2018-03-21T14:24:38","slug":"low-disbursement-rate-as-major-performance-challenge-of-world-bank-budget-in-burundi","status":"publish","type":"post","link":"https:\/\/www.iwacu-burundi.org\/englishnews\/low-disbursement-rate-as-major-performance-challenge-of-world-bank-budget-in-burundi\/","title":{"rendered":"Low disbursement rate as major performance challenge of World Bank budget in Burundi"},"content":{"rendered":"<p>&#8220;The disbursement rate is not satisfactory as there are projects that were started two years ago while the disbursement rate is at 20% and those projects are supposed to be completed in two or three years, &#8220;said Domitien Ndihokubwayo, Minister of Finance, during the meeting between the World Bank and government representatives to assess the performance of the World Bank budget allocated to Burundi.<\/p>\n<div id=\"attachment_7911\" style=\"width: 412px\" class=\"wp-caption alignleft\"><img aria-describedby=\"caption-attachment-7911\" decoding=\"async\" loading=\"lazy\" class=\" wp-image-7911\" src=\"http:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2018\/02\/Domitien-Ndihokubwayo-300x257.jpg\" alt=\"Domitien Ndihokubwayo, Minister of Finance: \u00abWe wish to take a step forward in doubling the disbursement rate next year.\u201d\" width=\"402\" height=\"344\" srcset=\"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2018\/02\/Domitien-Ndihokubwayo-300x257.jpg 300w, https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2018\/02\/Domitien-Ndihokubwayo-600x514.jpg 600w, https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2018\/02\/Domitien-Ndihokubwayo.jpg 700w\" sizes=\"(max-width: 402px) 100vw, 402px\" \/><p id=\"caption-attachment-7911\" class=\"wp-caption-text\">Domitien Ndihokubwayo, Minister of Finance: \u00abWe wish to take a step forward in doubling the disbursement rate next year.\u201d<\/p><\/div>\n<p>The active World Bank project portfolio for Burundi is US $ 660 million for 15 projects. &#8220;15 projects including 10 that are exclusively being carried out in Burundi and 5 others undertaken in other countries of the sub-region including Burundi as well,&#8221; said Ndihokubwayo. The World Bank promised to donate this money to Burundi in July 2017.<\/p>\n<p>In the mini-review conference held in January 2018, the Minister of Finance said that project managers committed to improving significantly the execution rate up to 18% by the end of June 2018.<\/p>\n<p>According to Domitien Ndihokubwayo, this lack of budget performance is due to the newly set communication system between project coordinators and the World Bank regarding the awarding of contracts. &#8220;Those who implement projects are not yet used to this system. They must first learn how to use it, &#8220;he said adding that&#8221; they wish to take a step forward in doubling the disbursement rate next year. &#8221;<\/p>\n<p>He calls on the World Bank to increase the portfolio allocated to Burundi arguing that the country faces many challenges including the lack of resources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The disbursement rate is not satisfactory as there are projects that were started two years ago while the disbursement rate is at 20% and those projects are supposed to be completed in two or three years, &#8220;said Domitien Ndihokubwayo, Minister of Finance, during the meeting between the World Bank and government representatives to assess the [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":7911,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[8,670],"tags":[198,1223],"_links":{"self":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts\/8224"}],"collection":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/comments?post=8224"}],"version-history":[{"count":2,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts\/8224\/revisions"}],"predecessor-version":[{"id":8233,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts\/8224\/revisions\/8233"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/media\/7911"}],"wp:attachment":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/media?parent=8224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/categories?post=8224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/tags?post=8224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}