Rwanda: Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 173

Publication date: June 2005

ISBN: 9781451833362

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics , Exports and Imports , ISCR , CR , government , discount rate , Rwandese authorities , NPV of debt-to-exports ratio , IMF staff estimate , unit price , Debt service , Debt relief , Public and publicly-guaranteed external debt , Exports , Africa

Also of interest

Spain

Grenada

Nepal

Peru

Summary

This paper presents the Completion Point Document for consideration of Rwanda’s Enhanced Initiative for Heavily Indebted Poor Countries. The government has maintained the policy of protecting social sector budget allocations from cuts during the course of the fiscal year, and military spending has progressively been reduced, which has also enabled a reallocation of resources to priority areas. Moreover, since the 2002 budget cycle, expenditures have been classified in all ministries according to programs and sub-programs, expected outputs, activities, and inputs.