02405cas a2200241 a 4500 AALejournalIMF016167 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513526706 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Rwanda : First Review Under the Policy Coordination Instrument and Monetary Policy Consultation-Press Release; and Staff Report. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (56 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses Rwanda's First Review Under the Policy Coordination Instrument (PCI) and Monetary Policy Consultation. Rwanda's macroeconomic performance under the program remains strong. The PCI-supported program focuses on creating budget space for the implementation of Rwanda's National Strategy for Transformation. The program also calls for improving fiscal transparency, boosting revenue, and supporting the implementation of the new interest rate-based monetary policy framework. Looking ahead, the fiscal deficit path is forecasted to adhere to the fiscal rule under the program, which provides space for the implementation of the National Strategy for Transformation (NST) while safeguarding debt sustainability. The government plans to finance the NST partly through public borrowing, which should continue to be supported by careful debt management. There are several plans underway to increase domestic revenues by boosting the registration of new taxpayers as well as through innovative schemes and greater use of technology to strengthen tax compliance. Further progress on identifying and managing potential government liabilities-so-called fiscal risks-will be important to ensure that public resources are well protected for use on priority spending. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2020/009 Full text available on IMF http://elibrary.imf.org/view/journals/002/2020/009/002.2020.issue-009-en.xml IMF e-Library