1.

Record Nr.

UNINA9910970150603321

Titolo

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

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2013

ISBN

9781484306130

1484306139

9781484325865

1484325869

9781484340042

1484340043

Edizione

[1st ed.]

Descrizione fisica

1 online resource (102 p.)

Collana

IMF Staff Country Reports

Disciplina

332.152

Soggetti

Monetary policy - Rwanda

Banking

Banks and Banking

Banks and banking

Banks

Currency

Debts, External

Depository Institutions

Exports and Imports

Exports

External debt

Foreign Exchange

Foreign exchange

Government Policy

International economics

International Lending and Debt Problems

International trade

Macroeconomics

Micro Finance Institutions

Monetary base

Monetary economics

Monetary Policy, Central Banking, and the Supply of Money and Credit: General



Money and Monetary Policy

Money supply

Money

Mortgages

Poverty

Provision and Effects of Welfare Program

Public finance & taxation

Public Finance

Public investment and public-private partnerships (PPP)

Revenue administration

Revenue

Social Services and Welfare

Social welfare & social services

Taxation, Subsidies, and Revenue: General

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.