Rwanda: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waivers of Nonobservance of Performance Criteria
September 13, 2005
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This paper focuses on Rwanda’s Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Request for Waiver of Nonobservance of Performance Criteria. Macroeconomic performance of Rwanda remains broadly on track. Real growth in 2004 is estimated at 4 percent, mainly driven by strong activity in construction, transport, and communication. Policy implementation remained satisfactory. All but two performance criteria for the fifth review were met. Both deviations were temporary, and IMF staff recommends waivers.
Subject: Banking, Expenditure, External debt, Inflation, Monetary base, Money, Poverty, Poverty reduction strategy, Prices
Keywords: Africa, CR, genocide suspect, Inflation, ISCR, Monetary base, policy implementation, Poverty reduction strategy, PRGF loan, PRGF-supported program, Rwanda's PRGF arrangement
Pages:
77
Volume:
2005
DOI:
Issue:
333
Series:
Country Report No. 2005/333
Stock No:
1RWAEA2005006
ISBN:
9781451833386
ISSN:
1934-7685
