Statement by the Staff Representative on Rwanda Executive Board Meeting December 16, 2020
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International Monetary Fund. African Dept.
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Third Review Under the Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director and Staff Representative for Rwanda

Abstract

Third Review Under the Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director and Staff Representative for Rwanda

This statement provides information on staff’s assessment of a reform target (RT) that was possible only after the staff report was issued to the Executive Board on December 2, 2020. The thrust of the staff appraisal remains unchanged.

1. One end-December 2020 RT has been met ahead of schedule. The production of financial and managerial reports from the IT system for all of Rwanda Social Security Board (RSSB) schemes was met ahead of schedule. This was made possible after RSSB successfully managed to produce real-time assessments of Rwanda’s community-based health insurance scheme — “mutuelle de santé” — the main obstacle to the RT, using its current IT system instead of waiting for the roll-out of the new IT system, as initially envisaged. The rollout of the new IT system will further simplify the production of these reports. Production of these reports will improve fiscal transparency and strengthen management and sustainability of all schemes managed by RSSB.

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