Rwanda: Ninth Review Under the Policy Support Instrument

International Monetary Fund

No 2018/167, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses Rwanda’s Ninth Review Under the Policy Support Instrument (PSI). Growth in 2017 was better than expected, supported in all areas except construction. Particularly notable was export performance, with goods exports rising by 58 percent, based on strong performance of both traditional and nontraditional exports. Inflation has remained below the central bank’s 5 percent medium term target. External balances and reserve buffers have continued to improve faster than expected. Program performance is on track, with all continuous and end-December 2017 quantitative targets met as were all structural benchmarks, except the indicative target on contracting of new external debt by public enterprises. The IMF staff supports the completion of the Ninth Review under the PSI-supported program.

Keywords: ISCR; CR; debt; real GDP; consumer price inflation; deficit; exchange rate; inflation expectation; PSI arrangement; debt burden indicator; credit growth; Monetary base; Loans; Africa; Global; Europe (search for similar items in EconPapers)
Pages: 69
Date: 2018-06-11
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=45982 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2018/167

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().