Rwanda: Selected Issues and Statistical Appendix

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 383

Publication date: December 2004

ISBN: 9781451833331

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Topics covered in this book

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Banks and Banking , Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Agribusiness , ISCR , CR , export , Rwanda , price , bank , export volume , currency ratio , food crop , coffee export , asset quality , Agricultural commodities , Demand for money , Agroindustries , Exports , Export performance , Sub-Saharan Africa , Global

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Summary

This Selected Issues paper for Rwanda reports the growth strategy described in the Poverty Reduction Strategy Paper (PRSP). The PRSP constitutes a critical effort aimed at generating poverty-reducing economic growth. Sustained growth in the primary sector serves as an engine of growth in the rural nontradable sector. The consequent rural employment generation provides income to the poorest among the rural poor. In generating an annual rural nonfarm growth rate of 6.7 percent, the PRSP assumes an elasticity of rural nonfarm activities with respect to farm growth.