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Rwanda: Third Review Under the Policy Support Instrument
Author:
International Monetary Fund. African Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2015: Issue 141
Language:
English
Publication Date:
03 Jun 2015
DOI:
https://doi.org/10.5089/9781513595399.002
ISBN:
9781513595399
ISSN:
1934-7685
Pages:
62
Keywords:
ISCR; CR; IMF's Policy Support Instrument; PSI objective; monetary policy stance; program; U.S. dollar; priority spending; debt ratio; Public and publicly-guaranteed external debt; Exports; Imports; Debt sustainability; Global
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This paper discusses Rwanda’s Third Review Under the Policy Support Instrument (PSI). Rwanda’s performance under the PSI has been satisfactory. The authorities are to be commended for meeting all quantitative assessment criteria. The performance on indicative targets and structural benchmarks was uneven, and it will be important to maintain the momentum of reforms, including on revenue mobilization while strengthening project implementation. Growth in 2015 is expected to remain strong, while the outlook is stable. The cautious fiscal stance and monetary policy are consistent with the need to preserve policy buffers.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund