Rwanda: IMF Agrees $250m Support to Help Rwanda Handle Economic Shocks

Rwanda: IMF Agrees $250m Support to Help Rwanda Handle Economic Shocks

Rwanda has reached a staff-level agreement with the International Monetary Fund (IMF) for a $250 million (Rwf365 billion) support programme over the next 38 months.

IMF agrees $250m support to help Rwanda handle economic shocks

Rwanda has reached a staff-level agreement with the International Monetary Fund (IMF) for a $250 million (Rwf365 billion) support programme over the next 38 months. The agreement follows a two-week IMF mission to Rwanda, and the programme remains subject to approval by the IMF Executive Board in June. Speaking at a press conference in Kigali following the conclusion of the IMF mission on April 2, IMF team representative Albert Touna Mama said th…

Rwanda Secures $250 Million IMF Financing to Cope With Middle East War Fallout

KIGALI, Rwanda — The government has reached agreement with the International Monetary Fund for a $250 million funding program, as Rwanda scrambles to shield its economy from the cascading effects… The post Rwanda Secures $250 Million IMF Financing to Cope With Middle East War Fallout appeared first on KT PRESS.