Rwanda secures $164.6 million in vital financing from the IMF.

The International Monetary Fund (IMF) has approved the release of $164.6 million to Rwanda to support the country's ongoing flood relief efforts.

The IMF funding will consist of $76.2 million to be released under the Resilience and Sustainability Facility (RSF) and $88.4 million to be made available under the Standby Credit Facility (SCF) arrangement.

In 2023, Rwanda exceeded its growth projections at 8.2 percent as it continues to implement economic reforms, including fiscal stability, debt management, and financial