Rwanda: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria and for Extension of the Arrangement

May 27, 2005

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Rwanda: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria and for Extension of the Arrangement, (USA: International Monetary Fund, 2005) accessed November 23, 2024

Summary

The Fourth Review Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria for Rwanda are analyzed. The implementation of policies improved considerably in 2004, although economic performance has been adversely affected by exogenous shocks. Strong activity in construction, transport, and communication raised growth to 4 percent, despite major electricity shortages. Macroeconomic and structural policies will aim at enhancing private sector development and accelerating productivity-enhancing strategies. Fiscal policies will focus on supporting macroeconomic stability and improving the quality of spending through a sizable reallocation to priority areas.

Subject: Expenditure, Export competitiveness, Exports, Fiscal policy, International trade, Monetary base, Public financial management (PFM)

Keywords: Africa, Congo, CR, Electricity crisis, Export competitiveness, Exports, ISCR, PRGF arrangement, Priority spending, Rwandese authorities, Staff appraisal, UN Security Council

Publication Details

Pages:

91
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/171
Stock No:

1RWAEA2005002
ISBN:

9781451833355
ISSN:

1934-7685

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