Rwanda: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria

International Monetary Fund

No 2003/192, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper assesses Rwanda’s First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Request for Waiver of Performance Criteria. Performance under the PRGF-supported program has been encouraging. However, poverty is pervasive, and the economy, which remains heavily dependent on rain-fed agriculture and external assistance, is vulnerable to changes in climate and in international developments. The 2003 program supports critical operations envisaged under the Poverty Reduction Strategy Paper, including the transition to democracy and military demobilization.

Keywords: ISCR; CR; government; PRGF arrangement; PRGF loan; priority expenditure; arrears; PRGF-supported program; Rwandese authority; Rwandese authorities; government operation; Poverty reduction strategy; Poverty reduction; Exports; East Africa (search for similar items in EconPapers)
Pages: 99
Date: 2003-06-27
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