IMF Staff Country Reports

Rwanda: Third Review Under the Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director and Staff Representative for Rwanda

January 4, 2021

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Rwanda: Third Review Under the Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director and Staff Representative for Rwanda, (USA: International Monetary Fund, 2021) accessed November 13, 2024

Summary

The COVID-19 pandemic is having an adverse impact on Rwanda’s economy, despite a sizeable policy response. Output in 2020 is projected to contract by 0.2 percent, compared to an 8 percent increase expected pre-pandemic. The government’s early actions helped contain the spread of the virus and mitigate its economic impact, supported by financing from Rwanda’s development partners, including from the IMF under the RCF. With the number of infections contained, the authorities are gradually easing up containment measures.

Subject: COVID-19, Debt sustainability analysis, External debt, Fiscal risks, Public debt

Keywords: Assessment of a reform target, CR, Interest rate, ISCR, IT system, Real-time assessment, Staff appraisal

Publication Details

  • Pages:

    105

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2021/001

  • Stock No:

    1RWAEA2021001

  • ISBN:

    9781513565927

  • ISSN:

    1934-7685