Rwanda: Staff Report for the 2017 Article IV Consultation, Seventh Review Under the Policy Support Instrument, and Second Review Under the Standby Credit Facility- Press Release; Staff Report; and Statement by the Executive Director for Rwanda
IMF Staff Country Reports, July 13, 2017
Source details
- Canonical URL
- Rwanda: Staff Report for the 2017 Article IV Consultation, Seventh Review Under the Policy Support Instrument, and Second Review Under the Standby Credit Facility- Press Release; Staff Report; and Statement by the Executive Director for Rwanda
Other formats
Bibliographic details
- Published: July 13, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484309926.002
Key findings and achievements
- Rwanda has demonstrated strong macroeconomic policy management.
- An ambitious development strategy has produced:
- high and inclusive growth,
- lower poverty,
- more gender equality,
- improved living standards.
- Growth in 2016 was 5.9 percent, down from 2015, but comparing favorably to growth in the subcontinent.
Economic outlook and projections
- A recovery of growth is expected in 2017–18, owing to good rains and expanding domestic production.
Inflation developments
- A spike in consumer price inflation in early 2017 was driven by food prices.
Main risks to the outlook
- Weather shocks affecting agriculture.
- Regional security issues.
- Unexpected shifts in external development assistance.
Report scope and classification
- This document is the 2017 Article IV Consultation staff report that includes the seventh review under the Policy Support Instrument and the second review under the Standby Credit Facility.
Staff Report for the 2017 Article IV Consultation; Seventh Review Under the Policy Support Instrument; Second Review Under the Standby Credit Facility — International Monetary Fund, July 13, 2017.
Content in this bundle
- Country Report