Rwanda: Poverty Reduction Strategy Paper-Joint Staff Advisory Note International Monetary Fund

ISBN: 9781475596038

Published: December 17th 2013

ebook

10 pages


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Rwanda: Poverty Reduction Strategy Paper-Joint Staff Advisory Note  by  International Monetary Fund

Rwanda: Poverty Reduction Strategy Paper-Joint Staff Advisory Note by International Monetary Fund
December 17th 2013 | ebook | PDF, EPUB, FB2, DjVu, AUDIO, mp3, ZIP | 10 pages | ISBN: 9781475596038 | 5.62 Mb

OVERVIEW Rwanda made notable achievements in sustaining high growth, reducing poverty and ameliorating income inequality during the first Poverty Reduction Strategy (2002-06) and the first Economic Development and Poverty Reduction Strategy (EDPRS 1-MoreOVERVIEW Rwanda made notable achievements in sustaining high growth, reducing poverty and ameliorating income inequality during the first Poverty Reduction Strategy (2002-06) and the first Economic Development and Poverty Reduction Strategy (EDPRS 1- 2008-2013).

Economic growth and poverty reduction exceeded the targets set for the EDPRS 1. Real GDP grew at an annual average rate of 8 percent and poverty dropped from 57 percent in 2006 to 45 percent in 2011.1 Inequality in household consumption was brought down as growth was pro-poor. Progress on social indicators is evidenced by much higher primary school completion rates (79 percent in 2011 compared to 51 percent in 2008) and lower child mortality (54 per 1,000 live births in 2011, down from 76 in 2008).



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