Rwanda: Second and Third Reviews Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Performance Criteria, and Request for Additional Interim Assistance Under the Enhanced HIPC Initiative

International Monetary Fund

No 2004/270, IMF Staff Country Reports from International Monetary Fund

Abstract: Rwanda’s Second and Third Reviews under the Poverty Reduction and Growth Facility, and request for Waiver of Performance Criteria are discussed. After an extended period characterized by a strong expansion of economic activity, real GDP growth is estimated by IMF staff to have slowed to 0.9 percent in 2003. On the structural side, performance criteria on the revision of the tax law and preparation of the financial instructions for more effective expenditure management have been met.

Keywords: ISCR; CR; government; PRGF arrangement; PRGF loan; investor bid; due diligence study; commercial bank bank reserves; Rwandese authorities; Commercial banks; Monetary base; Poverty reduction strategy; Africa (search for similar items in EconPapers)
Pages: 92
Date: 2004-08-20
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