This paper discusses key issues and policies for the Rwandan economy. Economic growth in Rwanda has been stronger than expected in 2015. However, growth prospects in 2016 appear gloomy. For example, mining exports have been almost halved in recent months due to low price and low demand. The...

Comoros is a small, fragile island state (population: 850,000) with persistently low and shock-prone growth. The last Article IV Consultation (completed in early 2020) assessed Comoros' fragility as arising from two vicious circles: economic fragility manifests in low fiscal revenue,...

The COVID-19 pandemic is having an adverse impact on Rwanda's economy, despite a sizeable policy response. Output in 2020 is projected to contract by 0.2 percent, compared to an 8 percent increase expected pre-pandemic. The government's early actions helped contain the spread of the virus and...

This 2016 Article IV Consultation highlights difficulties the economy of Comoros encountered in 2015 and the first half of 2016. An ongoing crisis in the electricity sector and slower-than-expected implementation of the public investment program were the main factors behind the slower growth....

This Selected Issues paper assesses the main fiscal trends of the Comorian economy over 2005-15. It highlights continued difficulties in the fiscal performance of and the outlook for Comoros as a result of systemic challenges in revenue administration and public financial management. In...

This Selected Issues paper analyzes investment strategy to foster structural transformation in Rwanda. Over the past 15 years, Rwanda has transformed its economy by moving workers out of agriculture into mostly services and some industry. This has been accomplished through strong public...