Rwanda: Second and Third Reviews Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Performance Criteria, and Request for Additional Interim Assistance Under the Enhanced HIPC Initiative
August 20, 2004
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Rwanda’s Second and Third Reviews under the Poverty Reduction and Growth Facility, and request for Waiver of Performance Criteria are discussed. After an extended period characterized by a strong expansion of economic activity, real GDP growth is estimated by IMF staff to have slowed to 0.9 percent in 2003. On the structural side, performance criteria on the revision of the tax law and preparation of the financial instructions for more effective expenditure management have been met.
Subject: Commercial banks, Expenditure, External debt, Financial institutions, Monetary base, Money, Poverty, Poverty reduction strategy
Keywords: Africa, commercial bank bank reserves, Commercial banks, CR, due diligence study, government, investor bid, ISCR, Monetary base, Poverty reduction strategy, PRGF arrangement, PRGF loan, Rwandese authorities
Pages:
92
Volume:
2004
DOI:
Issue:
270
Series:
Country Report No. 2004/270
Stock No:
1RWAEA0012004
ISBN:
9781451833270
ISSN:
1934-7685
