Rwanda’s central bank may need to bolster support – IMF
Lack of fiscal space means central bank may be last resort, says fund report
The National Bank of Rwanda may have to increase the size of its liquidity support measures, should the Covid-19 pandemic continue to hinder the African country’s economic recovery.
According to a new report from the International Monetary Fund, Rwanda has limited fiscal space to provide additional support to an already ailing economy.
“The central bank might be required to increase the size of existing liquidity support measures such as the lending facility to banks to cushion the more severe
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