Rwanda: Technical Assistance Report-Public Investment Management Assessment–PIMA and Climate PIMA
IMF Staff Country Reports, August 1, 2023
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- Rwanda: Technical Assistance Report-Public Investment Management Assessment–PIMA and Climate PIMA
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Bibliographic details
- Published: August 1, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400250743.002
Overview
- This paper presents a technical assistance report on Public Investment Management Assessment (PIMA) for Rwanda.
- Public investment is a high priority for the Rwandan government to support economic transformation.
- The Rwandan government’s objective is for Rwanda to reach middle-income status by 2035 and high-income status by 2050, with public investment playing an important role in supporting this vision.
- The role of public investment in achieving these goals was initially elaborated in Vision 2020 and later Vision 2050, which focused investment on human capital development, growth-enhancing infrastructure, and developing areas of higher value economic activity.
- Rwanda faces challenging infrastructure needs as a landlocked country with complex geography.
- Across the PIMA, Rwanda is particularly strong in planning and coordination institutions but has mixed results in allocation and implementation.
- Rwanda’s planning institutions are described as very strong, with a comprehensive strategic framework for investment and tight integration of sub-national government investment plans.
Key Findings (PIMA and Climate PIMA)
- Strengths:
- Very strong planning institutions.
- Comprehensive strategic framework for investment.
- Tight integration of sub-national government investment plans.
- Constraints:
- Mixed results in allocation and implementation of public investment.
- Challenging infrastructure needs driven by being landlocked and complex geography.
- The assessment connects public investment priorities to Rwanda’s stated development targets (middle-income by 2035; high-income by 2050) and prior national frameworks (Vision 2020; Vision 2050).
Policy Implications and Recommendations
- Prioritize public investment that supports human capital development, growth-enhancing infrastructure, and higher value economic activity (as emphasized in Vision 2020 and Vision 2050).
- Strengthen allocation and implementation processes to match the strengths in planning and coordination.
- Address infrastructure gaps that stem from being landlocked and having complex geography to support the country’s transformation objectives.
Key Statistics and Publication Metadata (from source)
- Pages: 84
- Volume: 2023
- Issue: 300
- DOI: https://doi.org/10.5089/9798400250743.002
- ISBN: 9798400250743
- ISSN: 1934-7685
- Publication date on landing page: August 1, 2023
International Monetary Fund. Fiscal Affairs Dept. "Rwanda: Technical Assistance Report-Public Investment Management Assessment–PIMA and Climate PIMA", IMF Staff Country Reports 2023, 300 (2023), accessed 9/11/2026, https://doi.org/10.5089/9798400250743.002.
Content in this bundle
- 1rwaea2023002