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E-book

Title Rwanda : third review under the policy support instrument: press release: and staff report
Published Washington, D.C. : International Monetary Fund, ©2015

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Description 1 online resource (62 pages) : color illustrations
Series IMF country report, 1934-7685 ; no. 15/141
IMF country report ; no. 15/141.
Summary KEY ISSUES Main challenges: Rwanda continues to face the challenge of sustaining high growth in a context of uncertain donor flows, while avoiding the build-up of imbalances. Efforts to mobilize domestic revenue need to be reinvigorated, while judiciously using the limited borrowing space to finance priority projects and maintain debt sustainability. Outlook and risks: Growth is projected to moderate to 6.5 percent in 2015, with inflation well contained on account of the lower food and oil prices. The overall outlook is stable, but downside risks emanate from shocks to agriculture, lower export growth, and delays in donor disbursements. Policy discussions focused on the short and medium-term economic challenges: In the short term, fiscal policy will need to support growth and accelerate measures to mobilize domestic revenue. The tight monetary stance remains appropriate given risks to the inflation outlook and the balance of payments. In the medium term, the challenge remains that of continuing Rwanda's transition from a public sector-led, aid-dependent economy to a more private sector-led economy. Faced with large investment needs and limited debt space, policy priorities are mobilizing more revenue, accelerating export growth, and removing impediments to private sector development. Management of the public investment program needs to be strengthened at all stages to contain fiscal risks and safeguard debt sustainability
Notes "June 2015."
"May 29, 2015"--Page 2 of pdf
Bibliography Includes bibliographical references
Notes Online resource; title from pdf title page (IMF Web site, viewed June 11, 2015)
Subject International Monetary Fund -- Rwanda
SUBJECT International Monetary Fund fast
Subject Economic development -- Rwanda
Fiscal policy -- Rwanda
Monetary policy -- Rwanda
Investments -- Rwanda
Infrastructure (Economics) -- Rwanda
Economic development
Fiscal policy
Infrastructure (Economics)
Investments
Monetary policy
Debt.
Inflation.
Instrument.
Investment.
Revenue.
Rwanda
Rwanda.
Form Electronic book
Author International Monetary Fund.
ISBN 1513595393
9781513595399
Other Titles Rwanda, third review under the policy support instrument