Rwanda: Fourth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria: Staff Report; Press Release
Volume/Issue:
Volume 2012
Issue 152
Publication date: June 2012
ISBN: 9781475504675
$20.00
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Topics covered in this book
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Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , objective , center , corridor framework , FAD mission , priority recommendation , headline inflation , private sector , debt service , foreign exchange , balance of payments , Exports , Monetary base , Exchange rate arrangements , Global , East Africa , inflation objective , liquidity management framework , debt Sustainability update , world fuel price , framework baseline scenario , Debt sustainability analysis
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Summary
The Rwandan economy continued to grow strongly in 2011, and significant progress in poverty reduction has been achieved. The Fourth Review Under the Policy Support Instrument (PSI) highlights that the fiscal framework for 2012/13 is in line with the main objectives of the PSI, and the authorities are committed to delay non-priority spending rather than resort to additional domestic financing if revenue collections fall short of target. Efforts are ongoing to further strengthen public financial management and enhance revenue administration.
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