{
  "title": "Rwanda: Interim Performance Update Under the Policy Coordination Instrument-Press Release; and Staff Report",
  "publication": "IMF Staff Country Reports, October 2, 2020",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2020/10/02/rwanda-interim-performance-update-under-the-policy-coordination-instrument-press-release-and-49802",
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  "summary": "COVID-19 has had a severe economic impact on Rwanda through the implementation of strict domestic measures to contain the spread of the virus and the related global spillovers. The authorities have responded by rolling out health and economic measures totaling USD 311 million (3.",
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    {
      "heading": "Summary findings: economic impact and policy response",
      "content": "- COVID-19 has had a severe economic impact on Rwanda through the implementation of strict domestic measures to contain the spread of the virus and the related global spillovers.\n- The authorities rolled out health and economic measures totaling USD 311 million (3.3 percent of GDP) to mitigate the impact on businesses and households.\n- To help address the urgent balance of payments need arising from the pandemic, the Executive Board approved on April 2 and June 11, 2020 the authorities’ consecutive requests for emergency financing under the “exogenous window” of the Rapid Credit Facility (RCF) totaling SDR 160.2 million.\n- Total IMF COVID-19 support to Rwanda reached 100 percent of quota, or USD 220.46 million."
    },
    {
      "heading": "Policy measures and financing",
      "content": "- Health and economic measures: USD 311 million (3.3 percent of GDP).\n- Emergency IMF financing under RCF (exogenous window): SDR 160.2 million, approved on April 2 and June 11, 2020.\n- Total IMF COVID-19 support: 100 percent of quota, or USD 220.46 million."
    },
    {
      "heading": "Subjects and keywords covered",
      "content": "- Subjects: COVID-19, External debt, Fiscal risks, Health, Inflation, Prices, Public debt, Public financial management (PFM).\n- Keywords: COVID-19, CR, deficit excl., Fiscal risks, Global, IMF country report, impact of the pandemic, Inflation, ISCR, pandemic, PCI review, reform target, Rwandan franc."
    },
    {
      "heading": "Publication metadata and access",
      "content": "- Publication date: October 2, 2020.\n- Pages: 12.\n- Volume: 2020.\n- Issue: 285.\n- Series: Country Report No. 2020/285.\n- DOI: https://doi.org/10.5089/9781513558561.002\n- Stock No: 1RWAEA2020004.\n- ISBN: 9781513558561.\n- ISSN: 1934-7685.\n\nInternational Monetary Fund. African Dept. \"Rwanda: Interim Performance Update Under the Policy Coordination Instrument-Press Release; and Staff Report\", IMF Staff Country Reports 2020, 285 (2020).\n\n---\n\n Content in this bundle\n\n- 1rwaea2020004 - Section 1\n  - 1rwaea2020004 - Section 1 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1rwaea2020004 - Section 1 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: October 2, 2020",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513558561.002",
    "The authorities rolled out health and economic measures totaling USD 311 million (3.3 percent of GDP) to mitigate the impact on businesses and households.",
    "To help address the urgent balance of payments need arising from the pandemic, the Executive Board approved on April 2 and June 11, 2020 the authorities’ consecutive requests for emergency financing under the “exogenous window” of the Rapid Credit Facility (RCF) totaling SDR 160.2 million.",
    "Total IMF COVID-19 support to Rwanda reached 100 percent of quota, or USD 220.46 million.",
    "Emergency IMF financing under RCF (exogenous window): SDR 160.2 million, approved on April 2 and June 11, 2020.",
    "Total IMF COVID-19 support: 100 percent of quota, or USD 220.46 million.",
    "Subjects: COVID-19, External debt, Fiscal risks, Health, Inflation, Prices, Public debt, Public financial management (PFM).",
    "Keywords: COVID-19, CR, deficit excl., Fiscal risks, Global, IMF country report, impact of the pandemic, Inflation, ISCR, pandemic, PCI review, reform target, Rwandan franc.",
    "Publication date: October 2, 2020.",
    "Pages: 12.",
    "Volume: 2020.",
    "Issue: 285.",
    "Series: Country Report No. 2020/285.",
    "DOI: https://doi.org/10.5089/9781513558561.002",
    "Stock No: 1RWAEA2020004.",
    "ISBN: 9781513558561.",
    "ISSN: 1934-7685.",
    "**1rwaea2020004 - Section 1**"
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