In Burundi, the team found significant weaknesses across each of the five areas assessed and need for greater commitment to reform across each of the four perspectives – Legal Framework, Implementing Institutions, Supporting Institutions, and Social Dynamics.
The Legal Framework scores are relatively high across the board, but these scores too are weak overall. Burundi’s commercial laws do not yet meet international standards, but many key commercial laws are in the process of being updated or revised. Accordingly, the team considered the legislative process and content of the proposed draft laws. While these laws suggest improvements in the near future, passage and implementation of the new laws will be the challenge.
The Implementing Institutions and Social Dynamics were the weakest frameworks overall. Implementing Institutions in particular are a significant point of weakness and should be a priority in future reform efforts relating to the business environment.
The state of Supporting Institutions varied from area to area. In certain instances, weaknesses in one or more Supporting Institutions have been identified as critical areas for reform, but in others, they are already contributing to building a better business environment.
