Burundi expects 40% rise in overall spending in 2022/23 – finance minister

NAIROBI (Reuters) – Burundi plans to raise overall spending 39.5% to 1.39 trillion Burundi francs ($689.91 million) for the 2022/2023 (July-June) budget, and expects to hit a deficit of 8% of gross domestic product, Finance Minister Domitien Ndihokubwayo said on Tuesday.

($1 = 2,014.7500 Burundi francs)

(Reporting by Nairobi Newsroom; Writing by George Obulutsa; Editing by Andrew Heavens)

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