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

International Monetary Fund

No 2005/333, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper focuses on Rwanda’s Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Request for Waiver of Nonobservance of Performance Criteria. Macroeconomic performance of Rwanda remains broadly on track. Real growth in 2004 is estimated at 4 percent, mainly driven by strong activity in construction, transport, and communication. Policy implementation remained satisfactory. All but two performance criteria for the fifth review were met. Both deviations were temporary, and IMF staff recommends waivers.

Keywords: ISCR; CR; PRGF loan; policy implementation; genocide suspect; Rwanda's PRGF arrangement; PRGF-supported program; Monetary base; Poverty reduction strategy; Inflation; Africa (search for similar items in EconPapers)
Pages: 77
Date: 2005-09-13
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