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The article summarizes the positive economic development of Rwanda and its internal and external policies. Rwandaa€™s economy is referred to as a success story, but it also faces certain challenges. The country is focused on maintaining macroeconomic stability, sustaining sturdy growth, and reducing poverty without foreign dependence. Fiscal and monetary policies have played key roles in economic growth. External stability is manageable, as it has significant profit in the global market. The authorities review this remarkable success of Rwandaa€™s economy as a great achievement.2012 Article IV Consultation and Fifth Review under the Policy Support Instrument and Request for Modification of Assessment ... hence taking a toll on the government fiscal stance, widening the current account deficit and cutting back growth. ... has already implemented two out of four tax policy measures planned for FY 2012/ 13; since July 2012, the tax rate for ... e-payment systems to save time and improve service delivery; and establishing a One-Stop-Border Post at Kagitumbaanbsp;...

Author:International Monetary Fund. African Dept.
Publisher:International Monetary Fund - 2013-03-21


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