Rwanda: Staff Report for the 2002 Article IV Consultation and Requests for a New Poverty Reduction and Growth Facility Arrangement and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

IMF Staff Country Reports, September 25, 2002

Source details

Canonical URL: Rwanda: Staff Report for the 2002 Article IV Consultation and Requests for a New Poverty Reduction and Growth Facility Arrangement and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

The paper examines Rwanda’s 2002 Article IV Consultation and Requests for a New Poverty Reduction and Growth Facility (PRGF) Arrangement and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC).
Rwanda’s performance under the 2001 program under the PRGF was broadly satisfactory.
Quantitative performance criteria for end-December 2001 were substantially met.
Despite slippages in the structural reform schedule, achievements in structural performance were substantial.
The authorities have finalized a poverty reduction strategy paper.
The program for 2002–03 supports the poverty reduction strategy formulated in that document.

The 2002–03 program is explicitly designed to support the Poverty Reduction Strategy Paper finalized by the Rwandese authorities.
The program links PRGF financing and conditionality to the poverty reduction strategy and HIPC interim assistance requests.

Structural reform schedule experienced slippages.
Overall structural performance is characterized as having substantial achievements despite those slippages.