LEADER 07145oam 22014414 450 001 9910787668703321 005 20230803031319.0 010 $a1-4843-0613-9 010 $a1-4843-2586-9 010 $a1-4843-4004-3 035 $a(CKB)2670000000420249 035 $a(EBL)1587845 035 $a(SSID)ssj0001103927 035 $a(PQKBManifestationID)11586803 035 $a(PQKBTitleCode)TC0001103927 035 $a(PQKBWorkID)11087455 035 $a(PQKB)10238575 035 $a(MiAaPQ)EBC1587845 035 $a(Au-PeEL)EBL1587845 035 $a(CaPaEBR)ebr10739487 035 $a(CaONFJC)MIL493472 035 $a(OCoLC)869094912 035 $a(IMF)1RWAEE2013001 035 $a(IMF)1RWAEA2013001 035 $a(EXLCZ)992670000000420249 100 $a20020129d2013 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aRwanda : $e2012 Article IV Consultation and Fifth Review under the Policy Support Instrument and Request for Modification of Assessment Criteria ?Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Rwanda 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2013. 215 $a1 online resource (102 p.) 225 1 $aIMF Staff Country Reports 300 $aDescription based upon print version of record. 311 $a1-4843-8767-8 327 $aCover; 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 327 $aC. 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 327 $a6. 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 327 $aJOINT BANK-FUND WORK PROGRAM 330 3 $aThe article summarizes the positive economic development of Rwanda and its internal and external policies. Rwanda?s economy is referred to as a success story, but it also faces certain challenges. The country is focused on maintaining macroeconomic stability, sustaining sturdy growth, and reducing poverty without foreign dependence. Fiscal and monetary policies have played key roles in economic growth. External stability is manageable, as it has significant profit in the global market. The authorities review this remarkable success of Rwanda?s economy as a great achievement. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2013/077 606 $aMonetary policy$zRwanda 606 $aBanks and Banking$2imf 606 $aForeign Exchange$2imf 606 $aMoney and Monetary Policy$2imf 606 $aPublic Finance$2imf 606 $aSocial Services and Welfare$2imf 606 $aExports and Imports$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aGovernment Policy$2imf 606 $aProvision and Effects of Welfare Program$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aInternational Lending and Debt Problems$2imf 606 $aPublic finance & taxation$2imf 606 $aMonetary economics$2imf 606 $aMacroeconomics$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aSocial welfare & social services$2imf 606 $aInternational economics$2imf 606 $aRevenue administration$2imf 606 $aMonetary base$2imf 606 $aBanking$2imf 606 $aPublic investment and public-private partnerships (PPP)$2imf 606 $aMoney$2imf 606 $aExternal debt$2imf 606 $aExports$2imf 606 $aInternational trade$2imf 606 $aRevenue$2imf 606 $aMoney supply$2imf 606 $aPoverty$2imf 606 $aBanks and banking$2imf 606 $aDebts, External$2imf 607 $aRwanda$xEconomic conditions 607 $aRwanda$2imf 615 0$aMonetary policy 615 7$aBanks and Banking 615 7$aForeign Exchange 615 7$aMoney and Monetary Policy 615 7$aPublic Finance 615 7$aSocial Services and Welfare 615 7$aExports and Imports 615 7$aTaxation, Subsidies, and Revenue: General 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aGovernment Policy 615 7$aProvision and Effects of Welfare Program 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aInternational Lending and Debt Problems 615 7$aPublic finance & taxation 615 7$aMonetary economics 615 7$aMacroeconomics 615 7$aCurrency 615 7$aForeign exchange 615 7$aSocial welfare & social services 615 7$aInternational economics 615 7$aRevenue administration 615 7$aMonetary base 615 7$aBanking 615 7$aPublic investment and public-private partnerships (PPP) 615 7$aMoney 615 7$aExternal debt 615 7$aExports 615 7$aInternational trade 615 7$aRevenue 615 7$aMoney supply 615 7$aPoverty 615 7$aBanks and banking 615 7$aDebts, External 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910787668703321 996 $aRwanda$9225400 997 $aUNINA