Rwanda: Fourth Review Under the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Rwanda
IMF Staff Country Reports, January 28, 2016
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- Rwanda: Fourth Review Under the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Rwanda
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Bibliographic details
- Published: January 28, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513585567.002
Economic performance and outlook
- Economic growth in Rwanda was stronger than expected in 2015.
- Growth prospects in 2016 appear gloomy.
- Mining exports have been almost halved in recent months due to low price and low demand.
Policy diagnosis and near-term response
- Principal tool to tackle the slump in the economy: continued exchange rate flexibility.
- Accompanying monetary policy: modest tightening of the monetary stance.
Mid-term policies to strengthen growth and resilience
- Export diversification.
- Improved revenue mobilization.
- Better public financial management.
- Objective: achieve sustained high and inclusive growth while strengthening resilience.
Key metadata (from the publication)
- Publication date: January 28, 2016
- Pages: 77
- Series: Country Report No. 2016/024
- Issue: 024
International Monetary Fund. Rwanda: Fourth Review Under the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Rwanda (IMF Staff Country Reports, 2016).