{
  "title": "Rwanda: Third Review Under the Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director and Staff Representative for Rwanda",
  "publication": "IMF Staff Country Reports, January 4, 2021",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2021/01/04/rwanda-third-review-under-the-policy-coordination-instrument-press-release-staff-report-and-49984",
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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.",
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    {
      "heading": "Overview",
      "content": "- The COVID-19 pandemic is having an adverse impact on Rwanda’s economy, despite a sizeable policy response.\n- 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.\n- With the number of infections contained, the authorities are gradually easing up containment measures."
    },
    {
      "heading": "Economic impact and projections",
      "content": "- Output in 2020 is projected to contract by 0.2 percent.\n- This contrasts with an 8 percent increase expected pre-pandemic."
    },
    {
      "heading": "Policy response and financing",
      "content": "- Authorities implemented an early and sizeable policy response to contain the pandemic and support the economy.\n- Financing support was provided by Rwanda’s development partners, including from the IMF under the RCF."
    },
    {
      "heading": "Public health measures",
      "content": "- Early containment measures helped limit infections.\n- With infections contained, containment measures are being gradually eased.\n\nRwanda: Third Review Under the Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director and Staff Representative for Rwanda\n\n---\n\n Content in this bundle\n\n- 1rwaea2021001\n  - 1rwaea2021001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1rwaea2021001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: January 4, 2021",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513565927.002",
    "The COVID-19 pandemic is having an adverse impact on Rwanda’s economy, despite a sizeable policy response.",
    "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.",
    "Output in 2020 is projected to contract by 0.2 percent.",
    "This contrasts with an 8 percent increase expected pre-pandemic.",
    "Authorities implemented an early and sizeable policy response to contain the pandemic and support the economy.",
    "Financing support was provided by Rwanda’s development partners, including from the IMF under the RCF.",
    "Early containment measures helped limit infections.",
    "With infections contained, containment measures are being gradually eased.",
    "**1rwaea2021001**"
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