Rwanda: First Review Under the Policy Support Instrument

July 3, 2014

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Format: Chicago

Rwanda: First Review Under the Policy Support Instrument, (USA: International Monetary Fund, 2014) accessed November 23, 2024

Summary

This paper discusses Rwanda’s First Review Under the Policy Support Instrument. Rwanda continues to face the challenge of sustaining high growth while reducing its reliance on aid and preventing the build-up of imbalances. After using foreign exchange reserves over the past few years to support the economy, the room for maneuver is more limited and it will be important to rebuild policy buffers. Growth is projected to increase to 6 percent in 2014. In the short term, the need to support growth and preserve the level of foreign reserves requires a cautious fiscal stance while maintaining priority spending and leaving scope for private sector credit expansion.

Subject: Budget planning and preparation, Expenditure, External debt, Monetary base, Money, Public financial management (PFM), Revenue administration

Keywords: Budget planning and preparation, CR, Debt ratio, Economic activity, GDP deflator, Global, Global fund, Growth prospect, ISCR, Monetary base, Policy, Policy buffer

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/185
Stock No:

1RWAEA2014001
ISBN:

9781498393195
ISSN:

1934-7685

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