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Rwanda: Second and Third Reviews Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Performance Criteria, and Request for Additional Interim Assistance Under the Enhanced HIPC Initiative
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2004: Issue 270
Language:
English
Publication Date:
20 Aug 2004
DOI:
https://doi.org/10.5089/9781451833270.002
ISBN:
9781451833270
ISSN:
1934-7685
Pages:
92
Keywords:
ISCR; CR; government; PRGF arrangement; PRGF loan; investor bid; due diligence study; commercial bank bank reserves; Rwandese authorities; Commercial banks; Monetary base; Poverty reduction strategy; Africa
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Rwanda’s Second and Third Reviews under the Poverty Reduction and Growth Facility, and request for Waiver of Performance Criteria are discussed. After an extended period characterized by a strong expansion of economic activity, real GDP growth is estimated by IMF staff to have slowed to 0.9 percent in 2003. On the structural side, performance criteria on the revision of the tax law and preparation of the financial instructions for more effective expenditure management have been met.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund