The Head of State meets the leaders of banks and microfinance

by time news

2023-11-15 14:50:58
The Head of State indicated that this meeting was intended to evaluate the country’s economy.

Addressing the problem of currency shortage that the country is experiencing, the Head of State wanted to know whether exchange offices collaborate with banks or not. For foreigners who come to Burundi, where do they find the local currency, asked the President of the Republic.

He recommended that the BRB work in synergy with commercial banks to combine their efforts in the fight against money laundering. To succeed in this bet, the financial intelligence service must intervene,” specified the Head of State.

We want transparency in the management of public finances and order in the country’s economy, those involved in the field of public finances must be aware of this, he insisted.

During the meeting, the participants agreed on a series of actions to be carried out with a view to boosting the country’s economy, notably the fight against money laundering, mafia networks which embezzle currencies as well as the control of good financial management.

They also proposed that for the Government of Burundi to achieve the vision Burundi emerging country in 2040 and developed in 2060, it is necessary to invest in areas other than agriculture, such as the mining sector and asked that there have a review of the law relating to mining.

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