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IMF warns of rising debt pressure in Rwanda

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  • Public debt projected to peak at 86.3% of GDP in 2025/26
  • State-led investments and aid cuts threaten fiscal sustainability

Kigali, Rwanda – The International Monetary Fund has raised red flags over Rwanda’s fiscal trajectory, warning that ballooning public debt and large-scale state investments are threatening the country’s macroeconomic stability. The caution came as the IMF concluded its fifth review under the Policy Coordination Instrument (PCI), following Rwanda’s strong economic performance in 2024.

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