Rwanda: 2010 Article IV Consultation and First Review Under the Policy Support Instrument-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Rwanda

International Monetary Fund

No 2011/019, IMF Staff Country Reports from International Monetary Fund

Abstract: Satisfactory implementation of the economic program supported by the Policy Support Instrument has helped Rwanda during the global economic downturn. The program focuses on maintaining a sustainable fiscal position; strengthening monetary and exchange rate policies; and supporting growth with structural reforms to diversify the export base and improve the business environment. The authorities are committed to assess the inflation to safeguard the gains made in macroeconomic stability that currently underpin the economic recovery. Executive Directors emphasized the need to maintain macroeconomic stability to achieve sustainable growth.

Keywords: ISCR; CR; modification of assessment criteria; modification; authority; aid dependency; fiscal policy; inflation outlook; Rwandan authorities; development program; Credit; Monetary base; Exchange rates; Global; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 103
Date: 2011-01-14
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