(DTIS) Update, Volume 1 – Main report - Enhanced Integrated ...

segmentation of these markets in Eastern and Southern Africa. While the focus of the chapter is on tradepolicies and domestic regulation, limiting the analysis to those areas would only partially address thediagnosed problems. It is also important to analyze the education challenges, in order to remedy theorigin of the skills shortages and skills mismatches in financial and professional services. Similarly, thegeneral immigration restrictions have to be analyzed to address the free movement of variousprofessionals.This chapter makes concrete recommendation for action in all relevant policy areas at thenational, regional and multilateral levels. Particular attention is given to policy action at the regionallevel to illustrate how Burundi can benefit from regional regulatory cooperation that can advance itsdomestic services reforms and facilitate trade. For example, the report shows how the development ofregional standards in financial services or the mutual recognition of qualifications and licensingrequirements in professional services can accelerate the development of these services in Burundi andreduce the fragmentation of services markets in Africa. Concrete technical assistance activities related tothe implementation of this section’s recommendations could be pursued as part of the on-going WorldBank operational project “Financial and Private Sector Development in East Africa” and “ProfessionalServices Knowledge Platform in Africa”.Table 6.3: performance indicators for selected services sectorsIndicator Burundi Kenya Rwanda Tanzania UgandaFinancial servicesFinancial market development index(1-7: lowest - highest) 1 2.29 4.83 4.26 3.89 4.12Domestic credit to private sector (% GDP) 2 25.5 34.7 .. 16.1 15.8Account at a formal financial institution(% age 15+) 3 7.2 42.3 32.8 17.3 20.5Accounts per 100 adults at 4 :- commercial banks 2.34 38.16 22.62 ... 17.32- cooperatives and credit unions 8.41 .. .. .. ..- microfinance institutions 0.74 0.80 .. .. 2.25Branches per 100,000 adults of 4 :- commercial bank 1.81 4.38 1.87 1.84 2.25- cooperatives and credit unions 2.80 .. .. .. ..- microfinance institutions 0.47 0.02 .. .. 0.47Loan from a financial institution in the pastyear (% age 15+) 3 1.7 9.7 8.4 6.6 8.9Saved at a financial institution in the past year(% age 15+) 3 3.3 23.3 17.8 11.9 16.3Debit card (% age 15+) 3 0.8 29.9 5.3 12.0 10.3ATMs per 100,000 adults / per 1,000 sq.km. 4 0.08 / 0.16 8.21 / 3.21 0.46 / 1.05 3.44 / 0.91 3.29 / 2.69Telecommunication servicesTelephone lines (per 100 people) 2 0.389 0.940 0.373 0.389 0.979Fixed line and mobile cellular subscriptions(per 100 people) 2 14.11 62.57 33.78 47.19 39.36International Internet bandwidth (bits perperson) 2 1.91 498.84 154.65 77.14 107.95Internet users (per 100 people) 2 2.1 25.9 13 11 12.5118 / 153