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.

January 14, 2011

Summary

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.

Subject: Banking, Credit, Exchange rates, Expenditure, Foreign exchange, Monetary base, Money, Public financial management (PFM)

Keywords: aid dependency, authority, CR, Credit, development program, Exchange rates, fiscal policy, Global, inflation outlook, ISCR, modification, modification of assessment criteria, Monetary base, Rwandan authorities, Sub-Saharan Africa

Pages:
103
Volume:
2011
DOI:
https://doi.org/10.5089/9781455213696.002
Issue:
019
Series:
Country Report No. 2011/019
Stock No:
1RWAEA2011001
ISBN:
9781455213696
ISSN:
1934-7685

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