IMF board to decide on Rwanda’s $184.9m fresh funding in December
Ruben Atoyan, IMF team leader (left), talks with John Rwangombwa, Governor of the Central Bank of Rwanda, and Yusuf Murangwa, Minister of Finance and Economic Planning, on October 22, 2024.
The International Monetary fund (IMF) Board is tentatively expected to meet in December to review a report on Rwanda’s performance, under the fund’s three-year economic reform plan, which if approved would lead to immediate disbursement of $184.9 million (SDR 138.55 million) in new financing.
The IMF approved a 36-month Policy Coordination Instrument (PCI) for Kigali in December 2022 to support the government’s economic policy and reform agenda geared towards maintaining macroeconomic stability and fostering more inclusive growth.
