The IMF Executive Board concluded multiple reviews of Rwanda’s economic programs, releasing substantial funding under the RSF and the SCF. Despite external challenges, Rwanda’s economy showed robust growth, achieving an 8.2% increase in GDP for 2023. The forecast anticipates a growth rebound to 7.3% in the medium term. Inflation in Rwanda has decreased to 4.2% as of March, thanks to reduced food and core inflation, though the current account deficit widened more than expected in 2023.