Rwanda : : 2012 Article IV Consultation and Fifth Review under the Policy Support Instrument and Request for Modification of Assessment Criteria —Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Rwanda

• Record Nr.: UNINA9910827334403321
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2013
• ISBN: 1-4843-0613-9; 1-4843-2586-9; 1-4843-4004-3
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (102 p.)
• Collana: IMF Staff Country Reports
• Disciplina: 332.152
• Soggetti: Monetary policy - Rwanda; Banks and Banking; Foreign Exchange; Money and Monetary Policy; Public Finance; Social Services and Welfare; Exports and Imports; Taxation, Subsidies, and Revenue: General; Monetary Policy, Central Banking, and the Supply of Money and Credit: General; Government Policy; Provision and Effects of Welfare Program; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; International Lending and Debt Problems; Public finance & taxation; Monetary economics; Macroeconomics; Currency; Foreign exchange; Social welfare & social services; International economics; Revenue administration; Monetary base; Banking; Public investment and public-private partnerships (PPP); Money; External debt; Exports; International trade; Revenue; Money supply; Poverty; Banks and banking; Debts, External; Rwanda Economic conditions; Rwanda
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di contenuto: Cover; CONTENTS; THE CONTEXT; POSITIVE ECONOMIC DEVELOPMENTS; BOXES; 1. Rwanda's Response to the 2010 Article IV Consultation's Key Recommendations; SATISFACTORY PROGRAM PERFORMANCE; FAVORABLE ECONOMIC OUTLOOK BUT RISING RISKS; A. Baseline Scenario; B. Downside Risks; POLICY DISCUSSIONS; A. Sustaining Rapid, Inclusive Growth; 2. The Downside Scenario-Impact of Protracted Delays in Aid; 3. The Economic Development and Poverty Reduction Strategy II (EDPRS II); 4. Simulations of the Public Investment-Growth Nexus; B. Fiscal Policy: Supporting Growth in the Face of Declining Aid; C. Modernizing the Monetary Framework and Enhancing Financial Sector Policies5. Recommendations to Improve Revenue Mobilization; 6. Financial Sector Profile; D. External Stability: Revising Debt Policy and Improving Exports; 7. Proposed Eurobond Issuance: Background and Implications for Debt Sustainability; 8. Exchange Rate Assessment and External Competitiveness; PROGRAM ISSUES; STAFF APPRAISAL; FIGURES; 1. Recent Performance; 2. Selected High-Frequency Indicators of Economic Activity, Jan 2008-Sept 2012; 3. Fiscal Developments; 4. Inflation Developments and Outlook; 5. Monetary Developments; 6. Medium-Term Outlook, 2008-17TABLES; 1. Selected Economic and Financial Indicators, 2008-17; 2. Balance of Payments, 2008-17; 3. Operations of Central Government, Fiscal-Year Basis, 2008/09-16/17; 4. Monetary Survey, 2009-13; 5. Financial Soundness Indicators for Banking Sector, 2006-12; APPENDIXES; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Attachment II. Techincal Memorandum of Understanding; II. External Stability Assessment; III. Debt Sustainability Analysis, 2012-2032; IV. Millennium Development Goals; CONTENTS; RELATIONS WITH THE FUND; JOINT BANK-FUND WORK PROGRAM
• Sommario/riassunto: The article summarizes the positive economic development of Rwanda and its internal and external policies. Rwanda’s economy is referred to as a success story, but it also faces certain challenges. The country is ; focused on maintaining macroeconomic stability, sustaining sturdy growth, and reducing poverty without foreign dependence. Fiscal and monetary policies have played key roles in economic growth. External stability is manageable, as it has significant profit in the global market. The authorities review this remarkable success of Rwanda’s economy as a great achievement.