Rwanda has had to deal with reduced private flows and prices, and because of that, the country has suffered on the trade front, this is according to Alun Thomas, the International Monetary Fund (IMF) Resident Representative for Rwanda.
Above assisting the government with this financial intervention, Thomas said, the IMF was also encouraging the government to enact policies which will temper input demand.
“We expect the reserve cover to increase over the next 18 months, not dramatically,” he said. Read more. Source | CNBC Africa