07189oam 22014654 450 991082733440332120240402023706.01-4843-0613-91-4843-2586-91-4843-4004-3(CKB)2670000000420249(EBL)1587845(SSID)ssj0001103927(PQKBManifestationID)11586803(PQKBTitleCode)TC0001103927(PQKBWorkID)11087455(PQKB)10238575(MiAaPQ)EBC1587845(Au-PeEL)EBL1587845(CaPaEBR)ebr10739487(CaONFJC)MIL493472(OCoLC)869094912(IMF)1RWAEE2013001(IMF)1RWAEA2013001(EXLCZ)99267000000042024920020129d2013 uf 0engur|n|---|||||txtccrRwanda : 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 Rwanda1st ed.Washington, D.C. :International Monetary Fund,2013.1 online resource (102 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4843-8767-8 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 AidC. 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 Developments6. 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 FUNDJOINT BANK-FUND WORK PROGRAMThe 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.IMF Staff Country Reports; Country Report ;No. 2013/077Monetary policyRwandaBanks and BankingimfForeign ExchangeimfMoney and Monetary PolicyimfPublic FinanceimfSocial Services and WelfareimfExports and ImportsimfTaxation, Subsidies, and Revenue: GeneralimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfGovernment PolicyimfProvision and Effects of Welfare ProgramimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfInternational Lending and Debt ProblemsimfPublic finance & taxationimfMonetary economicsimfMacroeconomicsimfCurrencyimfForeign exchangeimfSocial welfare & social servicesimfInternational economicsimfRevenue administrationimfMonetary baseimfBankingimfPublic investment and public-private partnerships (PPP)imfMoneyimfExternal debtimfExportsimfInternational tradeimfRevenueimfMoney supplyimfPovertyimfBanks and bankingimfDebts, ExternalimfRwandaEconomic conditionsRwandaimfMonetary policyBanks and BankingForeign ExchangeMoney and Monetary PolicyPublic FinanceSocial Services and WelfareExports and ImportsTaxation, Subsidies, and Revenue: GeneralMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralGovernment PolicyProvision and Effects of Welfare ProgramBanksDepository InstitutionsMicro Finance InstitutionsMortgagesInternational Lending and Debt ProblemsPublic finance & taxationMonetary economicsMacroeconomicsCurrencyForeign exchangeSocial welfare & social servicesInternational economicsRevenue administrationMonetary baseBankingPublic investment and public-private partnerships (PPP)MoneyExternal debtExportsInternational tradeRevenueMoney supplyPovertyBanks and bankingDebts, External332.152International Monetary Fund.DcWaIMFBOOK9910827334403321Rwanda225400UNINA