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Rwanda.

Author: International Monetary Fund African Dept
Publisher: Washington, D.C. : International Monetary Fund, 2018.
Series: IMF Staff Country Reports; Country Report, no. 18/13.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Rwanda's economy continues to perform well. Growth in 2016 and the first half of 2017 was weaker than projected, but was higher than regional averages and is projected to recover over 2017-19. Inflation is projected to remain below the central bank's 5 percent medium term target. Rwanda's adjustment program, based on exchange rate flexibility, public spending restraint, and prudent monetary policy, has served to  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Dept., International Monetary Fund. African.
Rwanda.
Washington, D.C. : International Monetary Fund, ©2018
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund African Dept
ISBN: 9781484338094 148433809X 1484338073 9781484338070 1484348966 9781484348963 1484349059 9781484349052
OCLC Number: 1022792336
Description: 1 online resource (65 pages)
Contents: Cover; CONTENTS; RECENT ECONOMIC DEVELOPMENTS; PROGRAM PERFORMANCE; ECONOMIC OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Fiscal Policyâ#x80;#x94;Maintaining the Course of Adjustment; B. Monetary Policy: Transitioning to Interest Rate-Based Framework; C. External Sustainability: Maintaining a Flexible Exchange Rate and Supporting Domestic Production; D. Vision 2050, EDPRS III, Compact with Africa, and Gender Equality; PROGRAM MODALITIES; STAFF APPRAISAL; BOXES; 1. Transitioning to GFS-2014 and Accrual Accounting; 2. Made in Rwanda; 3. Compact with Africa; FIGURES. 1. Overview of Recent Economic Developments2. Fiscal Developments; 3. Monetary Developments; 4. External Developments; TABLES; 1. Selected Economic Indicators, 2016â#x80;#x93;19; 2a. Budgetary Central Government Flows, FY 2015/16â#x80;#x93;19/20 (Billions of Rwandan francs; 2b. Budgetary Central Government Flows, FY 2015/16â#x80;#x93;19/20 (Percent of GDP); 3a. Financial Operations of the Budgetary Central Government, GFSM 2014 (Billions of Rwandan francs; 3b. Financial Operations of the Budgetary Central Government, GFSM 2014 (Percent of GDP); 4. Monetary Survey, 2016â#x80;#x93;19; 5. Balance of Payments, 2016â#x80;#x93;19. 6. Financial Soundness Indicators, March 2015 â#x80;#x93; June 20177. Quantitative Program Targets as of end June 2017; 8a. Structural Benchmarks through end December 2017; 8b. Proposed Structural Benchmarks for PSI 9th and 10th Reviews; 9. Actual and Proposed Schedule of Disbursements Under the SCF Arrangement; ANNEX; I. Capacity Development for FY 2018; APPENDIX; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding.
Series Title: IMF Staff Country Reports; Country Report, no. 18/13.

Abstract:

Rwanda's economy continues to perform well. Growth in 2016 and the first half of 2017 was weaker than projected, but was higher than regional averages and is projected to recover over 2017-19. Inflation is projected to remain below the central bank's 5 percent medium term target. Rwanda's adjustment program, based on exchange rate flexibility, public spending restraint, and prudent monetary policy, has served to reverse external imbalances and steadily rebuild international reserve buffers. Program performance is on track, with all continuous and end-June 2017 quantitative assessment/performance criteria met, as well as most indicative targets and structural benchmarks. Building on its successes to date, the government is crafting new medium-term development strategies, with a view to attaining upper middle income status by 2035. It is hoped that Rwanda's participation in the G-20 'Compact with Africa' initiative can leverage additional private investment to help realize these objectives.

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