Rwanda--2002 Article IV Consultation and Requests for a New Poverty Reduction and Growth Facility Arrangement and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries--Staff Report; Staff Statement; and Public Information Notice and Press Release on the Executive Board Discussion: 2002 Article IV Consultation and Requests for a New Poverty Reduction and Growth Facility Arrangement and

Abstract

This paper examines Rwanda’s 2002 Article IV Consultation and Requests for a New Poverty Reduction and Growth Facility (PRGF) Arrangement and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). Rwanda’s performance under the 2001 program under the PRGF was broadly satisfactory. Quantitative performance criteria for end-December 2001 were substantially met. Despite slippages in the structural reform schedule, achievements in structural performance were substantial. The authorities have finalized a poverty reduction strategy paper. The program for 2002–03 supports the poverty reduction strategy formulated in that document.