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Rwanda :, Seventh Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and Cancellation of Current Policy Support Instrument

This paper discusses Rwanda’s Seventh Review Under the Policy Support Instrument (PSI), Request for a Three-Year PSI and Cancellation of Current PSI. Progress under the PSI has continued to be satisfactory. Except for the ceiling on nonconcessional borrowing (NCB), all quantitative assessment criteria were met. All indicative targets and structural benchmarks were also met. The nonobservance of the NCB ceiling came about when the authorities allowed Rwandair to contract a new US$50.7 million external loan in July. Presently, the IMF staff recommends a waiver on the basis of the authorities’ commitment to prevent any reoccurrence
Table Of Contents
Cover; CONTENTS; THE CONTEXT; BACKGROUND; A. Economic Developments; BOXES; 1. Experiences and Lessons from the Expiring PSI; B. Program Performance; C. Near-Term Outlook and Risks; POLICY DISCUSSIONS; A. The Macroeconomic Framework; B. Sustaining Growth and Poverty Reduction; 2. A Soft Landing on Aid; 3. Private Sector Development; 4. Rwanda and EAC Integration; C. Maintaining a Sustainable Fiscal Position and Creating Fiscal Space; 5. Revenue Mobilization Strategy; D. Modernizing the Monetary Policy Framework; 6. Strengthening the Monetary Policy Framework
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (102 p.)
Specific Material Designation
Form Of Item

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