Rwanda: Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document
IMF Staff Country Reports, June 6, 2005
Source details
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- Rwanda: Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document
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Bibliographic details
- Published: June 6, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451833362.002
Summary
- Presents the Completion Point Document for consideration of Rwanda’s Enhanced Initiative for Heavily Indebted Poor Countries.
- The government has maintained the policy of protecting social sector budget allocations from cuts during the course of the fiscal year.
- Military spending has progressively been reduced, enabling a reallocation of resources to priority areas.
- Since the 2002 budget cycle, expenditures have been classified in all ministries according to programs and sub-programs, expected outputs, activities, and inputs.
Fiscal policy and expenditure priorities
- Protection of social sector budget allocations from intra-year cuts.
- Progressive reduction in military spending with consequent resource reallocation to priority areas.
Public expenditure management reforms
- Budget classification reform implemented since the 2002 budget cycle:
- Expenditures classified in all ministries by programs and sub-programs.
- Classification includes expected outputs, activities, and inputs.
Subject coverage and keywords
- Subject: Asset and liability management, Debt relief, Debt service, Exports, External debt, International trade, Public and publicly-guaranteed external debt
- Keywords: Africa, CR, Debt relief, Debt service, discount rate, Exports, government, IMF staff estimate, ISCR, NPV of debt-to-exports ratio, Public and publicly-guaranteed external debt, Rwandese authorities, unit price
Content in this bundle
- _cr05173 — Executive Summary