Rwanda: Fourth Review Under the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Rwanda

January 28, 2016

Preview Citation

Format: Chicago

Rwanda: Fourth Review Under the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Rwanda, (USA: International Monetary Fund, 2016) accessed November 21, 2024

Summary

This paper discusses key issues and policies for the Rwandan economy. Economic growth in Rwanda has been stronger than expected in 2015. However, growth prospects in 2016 appear gloomy. For example, mining exports have been almost halved in recent months due to low price and low demand. The principal tool to tackle the slump in the economy is continued exchange rate flexibility, accompanied by modest tightening of the monetary stance. Also, there are mid-term policies, for example, export diversification, improved revenue mobilization, and better public financial management that can help achieve sustained high and inclusive growth while strengthening resilience.

Subject: Exports, External debt, Imports, International trade, Public and publicly-guaranteed external debt, Public debt

Keywords: Africa, Authority, CR, Executive board discussion, Export diversification strategy, Export receipt, Exports, Global, Headline inflation, IMF's Policy Support Instrument, Imports, ISCR, Policy performance, Public and publicly-guaranteed external debt, Real GDP

Publication Details

Pages:

77
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/024
Stock No:

1RWAEA2016001
ISBN:

9781513585567
ISSN:

1934-7685

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