This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Rwanda and the IMF. Additional information can be found on Rwanda and IMF country page, including official IMF reports and Executive Board documents in English that deal with Rwanda.
At a Glance
- Rwanda joined the Fund in Joined: September 30, 1963
- Total Quotas: SDR 80.1 Million
- Loans outstanding: Poverty Reduction and Growth Facility (PRGF) arrangements SDR 9.72 million
- Last Article IV Consultation: 2014 Article IV Consultation and Second Review Under the Policy Support Instrument, (Country Report No. 14/343)
Office Activities
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IMF’s Abebe Aemro Selassie on Investment and Sustainable Debt Management in Africa
CNBC Interview
August 1, 2019
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Remarks by Abebe Aemro Selassie, Director, Africa Department, IMF Kigali, Rwanda
July 31, 2019
IMF's Work on Rwanda
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July 23, 2021
Series:Country Report No. 2021/164
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July 6, 2021
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UN High Level Political Forum on Sustainable-Development
July 6, 2021
Over the last 18 months, we have been grappling with loss and hardship. In the words of the young American poet Amanda Gorman: “When day comes, we ask ourselves, where can we find light in this never-ending shade?” The good news is “light” is coming. The global economy is recovering. And as Dr. Tedros said before me, there is a path to end the pandemic. At the IMF, we raised our global growth forecast to 6 percent in 2021 and 4 percent in 2022. And we recognize the exceptional and synchronized fiscal and monetary actions by policymakers around the world to cushion the impact of the crisis. Without them, the recession last year would have been three times worse, another Great Depression.
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IMF Staff Completes Review Mission to Rwanda
May 6, 2021
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SDG Financing Options in Rwanda: A Post-Pandemic Assessment
April 29, 2021
Author/Editor:Victor Duarte Lledo | Roberto Perrelli
Series:Working Paper No. 2021/115
Regional Economic Outlook
April 15, 2021
Despite turning out better than expected, growth in 2020 is estimated to be the worst on record, at –1.9 percent, leading to a large increase in poverty. In 2021, the region’s economy is expected to resume expansion at 3.4 percent, weaker than the 6 percent for the rest of the world, amid a continued lack of access to vaccines and limited policy space to support the crisis response and recovery. Macroeconomic policies will in many countries entail some difficult choices. Saving lives remains the first priority, which will require access to affordable vaccines, ensuring that the logistical and administrative prerequisites of a vaccination rollout are in place, targeted containment efforts, and added spending to strengthen local health systems. The next priority is to unlock the region’s potential by creating more fiscal space and implementing transformative reforms. These include mobilizing domestic revenue, strengthening social protection, promoting digitalization, and improving transparency and governance. Countries will also have to consolidate their fiscal positions to bring debt back on a sustainable footing. Such measures will help lift longer-term growth and provide opportunities for the region’s new job seekers. The international community has a key role to play by ensuring more equitable and quicker access to vaccines and other medical products; and by providing low-income countries the external funding needed to pursue the policy priorities sketched above and avoid long-term scarring.Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF