Country Partnership Framework for the Republic of Rwanda FY21-FY26

Rwanda is widely celebrated for the remarkable social, political, and economic renaissance it has experienced in the years following the genocide against the Tutsi of 1994. However, Rwanda appears to have relatively higher poverty rates than African peers with similar income per capita, and its elas...

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Main Authors: World Bank, International Finance Corporation, Multilateral Investment Guarantee Agency
Format: Report
Language:English
Published: World Bank, Kigali 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/645111594605654868/Rwanda-Country-Partnership-Framework-for-the-Period-of-FY21-FY26
http://hdl.handle.net/10986/34682
id okr-10986-34682
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spelling okr-10986-346822021-05-25T09:58:54Z Country Partnership Framework for the Republic of Rwanda FY21-FY26 World Bank International Finance Corporation Multilateral Investment Guarantee Agency DEVELOPMENT AGENDA POVERTY REDUCTION INEQUALITY JOB CREATION DEVELOPMENT CHALLENGES WORLD BANK GROUP PORTFOLIO RISK MANAGEMENT RESULTS MATRIX SHARED PROSPERITY EXTREME POVERTY MATERNAL HEALTH CHILD HEALTH IDA19 LENDING CORONAVIRUS COVID-19 PANDEMIC IMPACT FISCAL TRENDS DEVELOPMENT FINANCE Rwanda is widely celebrated for the remarkable social, political, and economic renaissance it has experienced in the years following the genocide against the Tutsi of 1994. However, Rwanda appears to have relatively higher poverty rates than African peers with similar income per capita, and its elasticity of poverty reduction to growth is low compared to high‐growing SSA peers. Poverty is concentrated in rural areas and among households with many children. Rwanda now faces challenges in fully translating its very strong growth into commensurate gains in poverty reduction and shared prosperity. This Country Partnership Framework (CPF) sets out the World Bank Group’s (WBG) plans for addressing the country’s development priorities as identified in the 2019 Systematic Country Diagnostic (SCD) and Rwanda’s National Strategy for Transformation (NST1) well as supporting Rwanda’s response to the Coronavirus (COVID‐19) pandemic to recover from the negative public health and socio‐economic impacts of the pandemic. The CPF takes into account Rwanda’s anti‐crisis response program as of mid‐May 2020, including the government’s emergency Economic Recovery Plan, although it will likely continue to evolve in coming months. It was agreed with the authorities that should the situation warrant considerable changes to the government’s strategy and its program with the WBG, the Performance and Learning Review (PLR) will be brought forward to accommodate such changes. The CPF spans two IDA cycles, IDA19 (July 2020 to June 2023) and IDA 20 (July 2023 to June 2026). Given the country’s preference for frontloading its IDA commitment, and a track record of making good use of additional IDA resources available, Rwanda will explore the use of additional resources from IDA windows. 2020-10-28T17:07:47Z 2020-10-28T17:07:47Z 2020-10-22 Report http://documents.worldbank.org/curated/en/645111594605654868/Rwanda-Country-Partnership-Framework-for-the-Period-of-FY21-FY26 http://hdl.handle.net/10986/34682 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Kigali Country Partnership Framework Africa Rwanda
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DEVELOPMENT AGENDA
POVERTY REDUCTION
INEQUALITY
JOB CREATION
DEVELOPMENT CHALLENGES
WORLD BANK GROUP PORTFOLIO
RISK MANAGEMENT
RESULTS MATRIX
SHARED PROSPERITY
EXTREME POVERTY
MATERNAL HEALTH
CHILD HEALTH
IDA19 LENDING
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
FISCAL TRENDS
DEVELOPMENT FINANCE
spellingShingle DEVELOPMENT AGENDA
POVERTY REDUCTION
INEQUALITY
JOB CREATION
DEVELOPMENT CHALLENGES
WORLD BANK GROUP PORTFOLIO
RISK MANAGEMENT
RESULTS MATRIX
SHARED PROSPERITY
EXTREME POVERTY
MATERNAL HEALTH
CHILD HEALTH
IDA19 LENDING
CORONAVIRUS
COVID-19
PANDEMIC IMPACT
FISCAL TRENDS
DEVELOPMENT FINANCE
World Bank
International Finance Corporation
Multilateral Investment Guarantee Agency
Country Partnership Framework for the Republic of Rwanda FY21-FY26
geographic_facet Africa
Rwanda
description Rwanda is widely celebrated for the remarkable social, political, and economic renaissance it has experienced in the years following the genocide against the Tutsi of 1994. However, Rwanda appears to have relatively higher poverty rates than African peers with similar income per capita, and its elasticity of poverty reduction to growth is low compared to high‐growing SSA peers. Poverty is concentrated in rural areas and among households with many children. Rwanda now faces challenges in fully translating its very strong growth into commensurate gains in poverty reduction and shared prosperity. This Country Partnership Framework (CPF) sets out the World Bank Group’s (WBG) plans for addressing the country’s development priorities as identified in the 2019 Systematic Country Diagnostic (SCD) and Rwanda’s National Strategy for Transformation (NST1) well as supporting Rwanda’s response to the Coronavirus (COVID‐19) pandemic to recover from the negative public health and socio‐economic impacts of the pandemic. The CPF takes into account Rwanda’s anti‐crisis response program as of mid‐May 2020, including the government’s emergency Economic Recovery Plan, although it will likely continue to evolve in coming months. It was agreed with the authorities that should the situation warrant considerable changes to the government’s strategy and its program with the WBG, the Performance and Learning Review (PLR) will be brought forward to accommodate such changes. The CPF spans two IDA cycles, IDA19 (July 2020 to June 2023) and IDA 20 (July 2023 to June 2026). Given the country’s preference for frontloading its IDA commitment, and a track record of making good use of additional IDA resources available, Rwanda will explore the use of additional resources from IDA windows.
format Report
author World Bank
International Finance Corporation
Multilateral Investment Guarantee Agency
author_facet World Bank
International Finance Corporation
Multilateral Investment Guarantee Agency
author_sort World Bank
title Country Partnership Framework for the Republic of Rwanda FY21-FY26
title_short Country Partnership Framework for the Republic of Rwanda FY21-FY26
title_full Country Partnership Framework for the Republic of Rwanda FY21-FY26
title_fullStr Country Partnership Framework for the Republic of Rwanda FY21-FY26
title_full_unstemmed Country Partnership Framework for the Republic of Rwanda FY21-FY26
title_sort country partnership framework for the republic of rwanda fy21-fy26
publisher World Bank, Kigali
publishDate 2020
url http://documents.worldbank.org/curated/en/645111594605654868/Rwanda-Country-Partnership-Framework-for-the-Period-of-FY21-FY26
http://hdl.handle.net/10986/34682
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