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Rwanda: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waivers of Nonobservance of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Rwanda
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2009: Issue 264
Language:
English
Publication Date:
20 Aug 2009
DOI:
https://doi.org/10.5089/9781451833492.002
ISBN:
9781451833492
ISSN:
1934-7685
Pages:
67
Keywords:
ISCR; CR; government; PRGF arrangement; government deposit; PRGF; Rwanda; priority spending; Rwandan authorities; executive board discussion; authorities' strong belief; monetary program; development goal; Commercial banks; Monetary base; Current spending; Total expenditures; Global
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This paper discusses key findings of the Sixth Review under the Poverty Reduction and Growth Facility (PRGF) for Rwanda. All end-2008 quantitative performance criteria were met, and performance through March 2009 was broadly satisfactory. IMF staff recommends completion of the sixth review under the PRGF arrangement based on Rwanda’s performance and understandings reached on the macroeconomic program for 2009/10. IMF staff also supports the authorities’ request for waivers of nonobservance of performance criteria on nonconcessional borrowing and nonintroduction of multiple currency practices.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund