IMF Staff Country Reports

Rwanda: Third Review Under the Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director and Staff Representative for Rwanda

Publication Date:

January 4, 2021

Electronic Access:

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Summary:

The COVID-19 pandemic is having an adverse impact on Rwanda’s economy, despite a sizeable policy response. Output in 2020 is projected to contract by 0.2 percent, compared to an 8 percent increase expected pre-pandemic. The government’s early actions helped contain the spread of the virus and mitigate its economic impact, supported by financing from Rwanda’s development partners, including from the IMF under the RCF. With the number of infections contained, the authorities are gradually easing up containment measures.

Series:

Country Report No. 2021/001

Subject:

COVID-19 Debt sustainability analysis External debt Fiscal risks Public debt

Frequency:

regular