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International Monetary Fund

, the impacts of the domestic electricity shortage and rising fuel costs also drove high inflation. Overall growth in 2004 was driven by a buoyant construction sector and rapidly developing tourism, travel and communications sectors. However, due to unfavourable climatic conditions, there was no growth in agricultural production. Government of Rwanda continued the implementation of its widespread programme of reform of the national public finance management system. Among one of the key issues, the new Organic Budget Law is expected to be fully adopted soon and will

International Monetary Fund
This paper reviews the Annual Progress Report for Rwanda’s Poverty Reduction Strategy Paper (PRSP). The performance of the Rwandan economy improved in 2004. GDP growth increased from 0.9 percent to 4.2 percent. The Government of Rwanda continued the implementation of its widespread program of reform of the national public finance management system. Progress on aid coordination and harmonization was consolidated during 2004 by putting in place some new structures, such as the External Finance Unit in Ministry of Finance and Economic Planning and the Development Partners Coordination Group secretariat.