Rwanda Economic Update, May 2013 : Maintaining Momentum with a Special Focus on Rwanda's Pathway Out of Poverty

Rwanda Economic Update, May 2013 : Maintaining Momentum with a Special Focus on Rwanda's Pathway Out of Poverty

The Rwanda economic update reports and synthesizes recent economic developments and places them in a medium term and global context. It analyzes the implications of these developments and policies for the outlook of Rwanda's economy. In this w...

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Bibliographic Details
Main Author:	World Bank
Format:	Economic Updates and Modeling
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCOUNTING ADVANCED ECONOMIES ANNUAL GROWTH ARREARS AUCTIONS BALANCE OF PAYMENTS BANK ACCOUNT BANK ASSETS BANK DEPOSIT BANK PAYMENT BANK POLICY BANKING ASSETS BANKING SECTOR BANKING SYSTEM BASIS POINTS BOND BOND ISSUANCES BORROWING COSTS BROAD MONEY BUDGET DEFICIT BUFFER CAPITAL ACCOUNT CAPITAL ACCOUNTS CAPITAL FLOWS CAPITAL GRANTS CAPITAL INFLOWS CAPITAL MARKETS CAPITAL OUTFLOWS CAPITALIZATION CENTRAL BANK CENTRAL BANKS COMMODITY PRICES COMPETITIVENESS CONSOLIDATION CONSUMER GOODS CONSUMPTION GROWTH CREDIT COOPERATIVES CREDIT GROWTH CURRENCY CURRENCY INFLOWS CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT DEBT FORGIVENESS DEBT INSTRUMENT DEBT RELIEF DEPENDENCY RATIO DEPENDENCY RATIOS DEPOSIT DEPRECIATION DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPMENT BANK DIRECT INVESTMENTS DISBURSEMENT DISPOSABLE INCOMES DOMESTIC BANKING DOMESTIC BORROWING DOMESTIC CREDIT DOMESTIC DEMAND DOMESTIC ECONOMY ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC ENVIRONMENT ECONOMIC GROWTH ECONOMIES OF SCALE ELECTRONIC BANKING EUROBOND EXCHANGE RATE EXPANSIONARY PHASE EXPENDITURE EXPENDITURES EXPORT PERFORMANCE EXPORT VOLUMES EXPORTERS EXTERNAL BORROWING EXTERNAL POSITION EXTERNAL SHOCKS FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL SECTOR DEVELOPMENTS FINANCIAL STABILITY FINANCIAL SYSTEM FISCAL POLICY FOOD PRICES FOREIGN CAPITAL FOREIGN CURRENCIES FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FOREIGN EXCHANGE RESERVES FOREIGN FINANCING FOREIGN FUND FOREIGN INFLOWS FOREIGN INVESTMENTS FOREIGN INVESTOR FOREIGN RESERVES GLOBAL ECONOMY GLOBAL MARKETS GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT FINANCING GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE HIGH-INCOME COUNTRIES HOUSEHOLD BUSINESSES HUMAN CAPITAL IMBALANCE IMPORT IMPORT PRICES IMPORTS INCOME GROWTH INFLATION INFLATION RATE INFLATIONARY PRESSURES INFORMATION SYSTEM INSURANCE INSURANCE COMPANY INSURANCE INDUSTRY INTEREST PAYMENT INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERNATIONAL BOND INTERNATIONAL BOND MARKET INTERNATIONAL RESERVES INVESTMENT FLOWS INVESTMENT OPPORTUNITIES INVESTMENT PROJECTS INVESTMENT SPENDING INVESTOR CONFIDENCE ISSUANCE ISSUANCE OF T-BILLS LABOR FORCE LENDER LIFE INSURANCE LIQUIDITY LIQUIDITY MANAGEMENT LIVING STANDARDS LOAN LOAN PORTFOLIOS LOCAL CURRENCY LOCAL MARKETS MACROECONOMIC MANAGEMENT MARKET CONDITIONS MARKET INFORMATION MARKET INTEREST RATES MARKET PARTICIPANTS MARKET RISK MATURITIES MATURITY MICROFINANCE MICROFINANCE SECTOR MOBILE PHONE MONETARY AUTHORITIES MONETARY CONDITIONS MONETARY POLICIES MONETARY POLICY MONEY MARKET NATIONAL BANK NON-PERFORMING LOANS NPL OIL PRICES PENSION POPULATION GROWTH PORTFOLIO POSITIVE SPILLOVERS POVERTY REDUCTION PRICE INDEXES PRICE STABILITY PRIVATE INVESTMENT PRIVATE SECTOR INVESTMENT PUBLIC BUDGET PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC INVESTMENT PUBLIC SECTOR BORROWING PUBLIC SPENDING PURCHASING POWER PURCHASING POWER PARITY RATE OF RETURN REAL EXCHANGE RATE RECESSION RECURRENT EXPENDITURE REGULATORY REFORM REMITTANCE REMITTANCES REPO RESERVE RESERVE REQUIREMENT RETURNS SHORTFALL SHORTFALLS SLACK SOLVENCY SOVEREIGN BONDS SOVEREIGN DEBT T-BILLS TAX TAX COLLECTION TAX COLLECTIONS TELECOMMUNICATIONS TIME HORIZON TRADE BALANCE TRADE DEFICIT TRADING TRADING PARTNER TRADING PARTNERS TRANSACTION TRANSACTION COSTS TRANSMISSION MECHANISMS TREASURY TREASURY BILL TREASURY BILL RATES TREASURY BILLS UNCERTAINTY UPWARD PRESSURE WITHDRAWAL WORKING CAPITAL
Online Access:	http://documents.worldbank.org/curated/en/2013/05/17810159/rwanda-economic-update-maintaining-momentum-special-focus-rwandas-pathway-out-poverty http://hdl.handle.net/10986/16564

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Summary:	The Rwanda economic update reports and synthesizes recent economic developments and places them in a medium term and global context. It analyzes the implications of these developments and policies for the outlook of Rwanda's economy. In this way, these reports contribute to the implementation of the Bank's Africa strategy. The economic update reports cover in each edition a special feature on a selected topic. It is intended for a wide audience, including policy makers, business leaders and other market participants, and the community of analysts, engaged in Rwanda's economy. Rwanda's economy is estimated to have grown by a robust 8 percent in 2012, continuing a decade-long period of strong economic growth. The economic expansion was driven by buoyant private sector activity, particularly in the services sector, where growth exceeded expectations. This strong economic performance has allowed Rwanda to claim for the third year in a row, the title of the fastest growing economy in the East African Community. The domestic economy remained strong despite an estimated 20 percent reduction in Official Donor Assistance (ODA) in 2012, following the intensifying of the conflict in Eastern Congo. Providing jobs to the two million people who will enter the workforce in the decade to come will be crucial to sustaining Rwanda's achievements.

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