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Rwanda: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and the FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

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  • International Monetary Fund

Abstract

This paper analyzes Rwanda’s Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and the Financial Action Task Force Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism. Rwanda’s economic performance is vulnerable to shocks, in particular a sharp fall in aid flows. The domestic financial sector still faces a poor environment with economic activity concentrated in a few sectors and a weak credit culture. There are serious shortcomings in the accounting and auditing systems and the institutional, legal, and judicial frameworks.

Suggested Citation

  • International Monetary Fund, 2005. "Rwanda: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and ," IMF Staff Country Reports 2005/309, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/309
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    Citations

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    Cited by:

    1. CIOBU Stela & PARtACHI Ileana, 2009. "The impact of the bank credits on the sustainable development of the real sector in the Republic of Moldova," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1 Special), pages 227-233, July.
    2. repec:onb:oenbwp:y:2006:i:2:b:1 is not listed on IDEAS
    3. Peter Backé, 2006. "Bank Intermediation in Southeastern Europe: Depth and Structure," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 48-68.

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