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The Executive Board of the International Monetary Fund (IMF) has completed on June 17, 2013 , the sixth review under a 3-year Policy Support Instrument (PSI) for Rwanda.1 The Executive Board has also extended the PSI by 7 months to end-January 2014 . The Executive Board's decision was taken on a lapse of time basis.2 Economic activity in 2012 was resilient despite lower aid inflows. ...
ENP Newswire - 18 June 2013 Release date- 17062013 - The Executive Board of the International Monetary Fund (IMF) has completed on June 17, 2013 , the sixth review under a 3-year Policy Support Instrument (PSI) for Rwanda.1. The Executive Board has also extended the PSI by 7 months to end-January 2014 . The Executive Board's decision was taken on a lapse of time basis.2 Eco...
KIGALI, Rwanda , June 18 , 2013/ African Press Organization (APO)/ -- The Executive Board of the International Monetary Fund (IMF) has completed on June 17, 2013 , the sixth review under a 3-year Policy Support Instrument (PSI) for Rwanda.1 The Executive Board has also extended the PSI by 7 months to end-January 2014 . The Executive Board's decision was taken on a lapse of time ba...
WASHINGTON , June 17 -- The International Monetary Fund issued the following news release: The Executive Board of the International Monetary Fund (IMF) has completed on June 17, 2013 , the sixth review under a 3-year Policy Support Instrument (PSI) for Rwanda.1 The Executive Board has also extended the PSI by 7 months to end-January 2014 . The Executive Board's decision was ...
as reported by last month's consumer price index released by the National Institute of Statistics of Rwanda , last month's all urban general index was at 121.3. This resulted into an increase of 2.98 per cent compared to 4.3 per cent the previous month. Oscar Sibomana , the NISR principal statistician, said the annual change was 4.8 per cent compared to 4.37 per cent the previous month. Year-o...
The Rwanda Cabinet on 2013-05-08 approved the region's 2nd Economic Development , Poverty Reduction Strategy (EDPRS2), which seeks to boost economic growth , significantly lift many Rwandans out of poverty over the next 5 years. The program, which starts this year , ends in 2018, encompasses ambitious targets such as accelerating economic growth at an average rate of 11.5 % annually a...
The government is optimistic the markets secured in the area will be sustained. This follows efforts to boost production capacity of local exporters, an initiative that will reduce the region's trade deficit, officials have said. Rwanda has secured regional markets, especially in Congo-Brazzaville. This calls for increased production to satisfy these markets. This also means that more pro...
President Paul Kagame on Saturday was in the UK , where he addressed the Rwanda Day 2013. Earlier in the day, he attended the Fifth Annual Oxford Africa Business Conference at Said Business School . There, he became the inaugural recipient of the Distinction of Honour for African Growth Award, for presiding over Rwanda's rebirth. Below is the speech the President delivered at the varsity...
Outlook for 2013-14: Forecast summary Forecast summary ( % unless otherwise indicated) 2011 a 2012 b 2013 c 2014 c Real GDP growth 8.3 7.0 6.6 7.0 Consumer price inflation (av) 5.7 6.3 a 5.9 6.7 Deposit rate 7.9 b 8.2 7.4 7.0 Government balance ( % of GDP) d -3.4 -1.8 -4.5 ...
Event The East African Community (EAC) announced in March that it plans to cut its common external tariff (CET) rates on cement, wheat, sugar , rice to 25 %. Analysis The move would be a large reduction from current rates of 35 % on cement , wheat, 75 % on rice , 100 % on sugar, but it is unclear if all 5 member states- Rwanda , Kenya , Uganda , Tanzania , Burundi -will agre...
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