Publication:
Rwanda Economic Update, No. 7 : Managing Uncertainty for Growth and Poverty Reduction

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2015-03-09T20:24:14Z
dc.date.available2015-03-09T20:24:14Z
dc.date.issued2015-02
dc.description.abstractThe Rwanda Economic Update reports on 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 for Rwanda s economy. Rwanda s economic growth recovered in the first three quarters of 2014. The economy grew 7.1 percent. Faster GDP growth reflected higher growth of the services sector, at 9.1 percent, up from 5.4 percent in 2013, when the economy suffered from the lagged impact of the 2012 aid shortfall. The first section on macroeconomic issues of this edition of the Rwanda Economic Update examines two key questions: What led to the growth recovery in the first three quarters of 2014, and what are growth prospects for 2014, 2015, and 2016? The growth recovery mainly reflected increased government expenditure, which boosted domestic demand such as private consumption and investment. The expansion of domestic demand was partially offset by lower external demand for Rwanda s traditional commodities. Higher government expenditure contributed to growth recovery in the services sector through government consumption of private services. Inflation declined throughout 2014, reflecting lower growth in import prices. The recent decline in oil prices is expected to contribute not only to lower inflation but also to more stable exchange rate, an improved balance of payments, and smaller electricity subsidies. The special focus section of this report identifies and quantifies risks in the agriculture sector, with targeted interventions that complement the lessons learned under PSTA 2/CAADP 1 to more effectively manage these risks and to achieve further growth in the agriculture sector.en
dc.identifier.doi10.1596/21562
dc.identifier.urihttps://hdl.handle.net/10986/21562
dc.language.isoen_US
dc.publisherKigali, Rwanda
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectaccounting
dc.subjectagricultural practices
dc.subjectAgriculture
dc.subjectarrears
dc.subjectauction
dc.subjectbalance of payments
dc.subjectbank assets
dc.subjectBank Deposit
dc.subjectbanking sector
dc.subjectbase year
dc.subjectbasket composition
dc.subjectbasket of goods
dc.subjectbids
dc.subjectbilateral exchange rate
dc.subjectbilateral exchange rates
dc.subjectbond
dc.subjectbond issuance
dc.subjectbonds
dc.subjectBudget execution
dc.subjectbudget implications
dc.subjectbudgetary support
dc.subjectbudgeting
dc.subjectcapacity constraints
dc.subjectcapital adequacy
dc.subjectCapital Expenditure
dc.subjectcapital goods
dc.subjectcapital grants
dc.subjectcapital market
dc.subjectcapital market development
dc.subjectcommercial banks
dc.subjectcommodity prices
dc.subjectcompetitiveness
dc.subjectconsolidation
dc.subjectConstant value
dc.subjectconsumer basket
dc.subjectConsumer goods
dc.subjectConsumer Price Index
dc.subjectconsumption basket
dc.subjectconsumption growth
dc.subjectcore inflation
dc.subjectcoupon
dc.subjectcoupon rate
dc.subjectcredit growth
dc.subjectdebt
dc.subjectdecentralization
dc.subjectDeficits
dc.subjectDeflation
dc.subjectdeposit
dc.subjectdepreciation
dc.subjectdevelopment strategy
dc.subjectdisbursement
dc.subjectDiversification of exports
dc.subjectdomestic borrowing
dc.subjectdomestic currency
dc.subjectdomestic demand
dc.subjectdomestic price
dc.subjectdomestic price level
dc.subjectdurable
dc.subjectdurable goods
dc.subjectEconomic Development
dc.subjectEconomic Developments
dc.subjecteconomic growth
dc.subjectEconomic Outlook
dc.subjecteconomic slowdown
dc.subjectEffective Exchange Rate
dc.subjectequipment
dc.subjectExchange Rate
dc.subjectexchange rate flexibility
dc.subjectExchange rate policies
dc.subjectExchange Rate Policy
dc.subjectexchange rate regime
dc.subjectExchange rate volatility
dc.subjectexchange rates
dc.subjectExpenditure
dc.subjectexpenditures
dc.subjectexport capacity
dc.subjectexport commodities
dc.subjectexport competitiveness
dc.subjectexport growth
dc.subjectexport performance
dc.subjectexternal demand
dc.subjectexternal trade
dc.subjectfeasibility studies
dc.subjectfinances
dc.subjectfinancial crisis
dc.subjectfinancial management
dc.subjectfinancial market
dc.subjectFinancial Sector
dc.subjectFinancial Sector Development
dc.subjectfiscal deficit
dc.subjectfiscal policy
dc.subjectfixed capital
dc.subjectfood price
dc.subjectfood prices
dc.subjectforeign currency
dc.subjectForeign direct investment
dc.subjectforeign exchange
dc.subjectforeign exchange markets
dc.subjectForeign financing
dc.subjectGDP
dc.subjectGini coefficient
dc.subjectglobal demand
dc.subjectgovernment consumption
dc.subjectGovernment expenditure
dc.subjectgovernment investment
dc.subjectgovernment spending
dc.subjectGross Domestic Product
dc.subjectgross fixed capital formation
dc.subjectGross value
dc.subjectgrowth projections
dc.subjectgrowth rate
dc.subjectgrowth rates
dc.subjectImport
dc.subjectimport demand
dc.subjectImport growth
dc.subjectimport prices
dc.subjectimports
dc.subjectInflation
dc.subjectInflation measures
dc.subjectinflation objectives
dc.subjectinflation rate
dc.subjectInflation rates
dc.subjectinflationary pressure
dc.subjectinformation system
dc.subjectinformation technology
dc.subjectinstrument
dc.subjectinsurance
dc.subjectInterest payments
dc.subjectInterest Rates
dc.subjectInternational Development
dc.subjectinternational price
dc.subjectinternational prices
dc.subjectinternational reserves
dc.subjectinternational trade
dc.subjectInvestment Policy
dc.subjectinvestment projects
dc.subjectissuances
dc.subjectland holdings
dc.subjectleading indicators
dc.subjectliquidity
dc.subjectliquidity management
dc.subjectloan
dc.subjectlocal government
dc.subjectlow-income countries
dc.subjectmacroeconomic performance
dc.subjectMacroeconomic stability
dc.subjectMacroeconomics
dc.subjectmarket information
dc.subjectmarket participants
dc.subjectmaturity
dc.subjectMineral prices
dc.subjectMonetary Fund
dc.subjectmonetary policy
dc.subjectmonetary policy transmission mechanism
dc.subjectMonetary Sector
dc.subjectNational Bank
dc.subjectNational Investment
dc.subjectNet exports
dc.subjectnominal depreciation
dc.subjectnominal exchange rate
dc.subjectnonperforming loans
dc.subjectOil Price
dc.subjectoil prices
dc.subjectother currencies
dc.subjectoutturn
dc.subjectPoverty Reduction
dc.subjectPrice fluctuations
dc.subjectprice indexes
dc.subjectprice inflation
dc.subjectprice of oil
dc.subjectprice volatility
dc.subjectprivate consumption
dc.subjectprivate investment
dc.subjectprivate sector
dc.subjectproductivity
dc.subjectpublic expenditure
dc.subjectpublic investment
dc.subjectReal Effective Exchange Rate
dc.subjectreal effective exchange rates
dc.subjectreal exchange rate
dc.subjectreal GDP
dc.subjectRecurrent expenditure
dc.subjectrelative price
dc.subjectrelative weights
dc.subjectreserves
dc.subjectRisk Management
dc.subjectRisk transfer
dc.subjectshortfall
dc.subjectshortfalls
dc.subjectslow growth
dc.subjectstable exchange rate
dc.subjectstable growth
dc.subjectstandard deviation
dc.subjectStructural reforms
dc.subjectsupply side
dc.subjectT-bill
dc.subjectT-bill rate
dc.subjectTax
dc.subjectTax revenue
dc.subjectTax revenues
dc.subjectTotal export
dc.subjecttotal exports
dc.subjecttotal investment
dc.subjecttotal output
dc.subjectTotal revenue
dc.subjecttrade balance
dc.subjecttrade deficit
dc.subjectTrade Deficits
dc.subjectTrade Statistics
dc.subjecttrading
dc.subjecttrading partner
dc.subjecttrading partners
dc.subjectTreasury
dc.subjectTreasury bills
dc.subjectTreasury-bill rate
dc.subjectturnover
dc.subjectUncertainty
dc.subjectunderdeveloped financial market
dc.subjectvalue added
dc.subjectWages
dc.subjectweights
dc.titleRwanda Economic Update, No. 7 : Managing Uncertainty for Growth and Poverty Reductionen
dspace.entity.typePublication
okr.date.disclosure2015-02-23
okr.date.doiregistration2025-05-07T10:30:22.587116Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.globalpracticeGovernance
okr.globalpracticeMacroeconomics and Fiscal Management
okr.identifier.report94478
okr.language.supporteden
okr.region.administrativeAfrica
okr.region.countryRwanda
okr.themeEconomic management :: Macroeconomic management
okr.themeEconomic management :: Other economic management
okr.themeFinancial and private sector development :: Infrastructure services for private sector development
okr.themeSocial protection and risk management :: Poverty strategy, analysis and monitoring
okr.topicAgriculture::Commodity Risk Management
okr.topicFinance and Financial Sector Development
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Regional Economic Development
okr.topicPublic Sector Development
okr.unitMacro & Fiscal Mgmt - GP (GMFDR)
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