Rwanda : First Review of the Standby Credit Facility Arrangement and Sixth Review Under the Policy Support Instrument, Request for Waiver and Modification of Performance and Assessment Criteria-Press Release ; and Staff Report.

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Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, 2017. ©2017
Description:	1 online resource (55 pages).
Language:	English
Series:	IMF Country Reports ; no. 17/8 IMF country report ; no. 17/8.
Subject:	Fiscal policy. Monetary policy. Fiscal policy. Monetary policy.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12506827

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. African Department, issuing body.
ISBN:	1475565356 9781475565355 9781475565355
Notes:	Print version record.
Summary:	The authorities' policy adjustment program is producing early results. By end-October, the exchange rate had depreciated more than expected for the year, and fiscal and monetary policies were tightened in line with the agreed program. During the first 10 months of the year, import volumes contracted, despite large public investment projects, and export volumes improved, despite continued difficulties in the mining sector. Growth began decelerating in Q2, in line with expectations. Inflation has picked up, mainly as a result of food shortages stemming from drought, and to a lesser extent exchange rate pass-through. The 2016 current account balance will improve slightly less than envisaged with a higher services deficit, but medium term improvement is in line with the program.
Other form:	Print Version: Rwanda: First Review of the Standby Credit Facility Arrangement and Sixth Review Under the Policy Support Instrument, Request for Waiver and Modification of Performance and Assessment Criteria-Press Release; and Staff Report. Washington, D.C. : International Monetary Fund,2017 9781475565355
Standard no.:	10.5089/9781475565355.002

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