Bujumbura : Faustin Ndikumana calls for the independence of the Burundi Central Bank
SOS Médias Burundi
Bujumbura, July 27, 2025 – The president of the organization Speech and Actions for the Revival of Conscience and Mentality Change (PARCEM), Faustin Ndikumana, launched an urgent appeal earlier this week to guarantee the autonomy of the Burundi Central Bank (BRB). During a press conference, he denounced opaque management and political dependence, which he considers harmful to the national economy.
An institution under presidential supervision criticized
According to Mr. Ndikumana, the BRB, supposedly an independent institution, is currently administered under the direct authority of the Presidency of the Republic. “It’s time for this to stop,” he declared, describing the situation as contrary to international standards of economic governance.
Lack of autonomy and opacity in management
The President of PARCEM believes that the lack of autonomy prevents the BRB from regulating effectively and transparently. This deficiency, he believes, particularly affects the management of foreign currency, the scarcity of which weighs heavily on the Burundian economy.
Plea for a return to the ministry of finance
For Faustin Ndikumana, the Central Bank should return to the Ministry of Finance, which would allow for more rigorous regulation and ensure equitable management of monetary resources. He also calls for strict compliance with the national regulatory framework, stating that no entity, including the Presidency and the Prime Minister’s Office, should be exempt from these rules.
Against the political instrumentalization of the BRB
The activist warns against any use of the BRB for political purposes. “We must not use our political clout to gain advantages at the Central Bank,” he warned, calling for a clear separation between technical responsibilities and political agendas.
A call for urgent reform
In conclusion, Faustin Ndikumana urges the Burundian authorities to undertake a thorough reform of the BRB’s operating methods. “We must guarantee its independence and professionalism so that it serves the general interest, not particular interests,” he insisted.
You might also like
Burundi : travelers turned back at the Kobero border for passports dtamped by the M23
SOS Médias Burundi Muyinga, May 6, 2025 – Dozens of Burundian citizens have been stranded for several days at the Kobero border, in Muyinga Province (northeast Burundi), between Burundi and
Burundi : the price of unobtainable sugar multiplied by almost three times
The price of a kg of sugar for the retailer goes to 8000 Burundi francs while it was bought at 3500. The Moso Sugar Company (SOSUMO), the only state company
Ecocash- Affairs: the situation going from bad to worse
Since the disruption of money transfer operations via the Ecocash service, the population is grumbling. Agents and super agents are in an untenable situation and ask the central bank to
