The International Monetary Fund is to extend a standby credit facility to Rwanda but wants the government to tighten its economic policies to safeguard macro-economic stability and stimulate growth.
The amount Kigali has requested and when it is to be released, however, will be known in May after the board meets.
IMF deputy division chief African Department Laure Redifer led the IMF mission to Kigali from March 22 to April 5 for the fifth review of the economic and financial programme supported by the IMF’s Policy Support Instrument (PSI). Read more. Source | East African