The International Monetary Fund (IMF) board is expected to make a decision in May on whether Rwanda qualifies to access SDR 124.25 million ($165.5 million) in fresh financing to deal with its balance of payments constraints and climate-related risks.
This is after the IMF team led by Ruben Atoyan visited Kigali from March 11 to March 22, 2024 to assess the country’s economic reform progress within the context of the third review of Rwanda’s Policy Coordination Instrument (PCI) and Resilience and Sustainability Facility (RSF), and the first review of the Stand-by Credit Facility (SCF) arrangement.
