IMF boss to visit Rwanda

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IMF boss to visit Rwanda

IMF Managing Director Ms Chritine Lagarde

The International Monetary Fund (IMF) has confirmed that its Managing Director, Ms. Christine Lagarde, will visit Rwanda from Monday, January 26 to Thursday, January 29, 2015.

The IMF Boss will proceed to Senegal where she will continue her Africa visit till Saturday, January 31.

The core agenda of the visit is to meet with policymakers and other representatives of society in each country, thus strengthening the IMF’s relationship with both countries.

In her capacity as Managing Director, she has previously visited other sub-Saharan countries including Côte d’Ivoire, Kenya, Mali, Malawi, Mauritius, Mozambique, Niger, Nigeria, and South Africa. The organization continues to establish significant relationships with several African governments, companies and financial bodies aimed at providing funds for various development projects in the region.

“My visit will provide an opportunity to strengthen the IMF partnership with Rwanda, a country that has seen success in building strong, stable, and inclusive economies in the world’s second fastest-growing region. Rwanda over the past 20 years has emerged as an African economic success story, demonstrating real progress in achieving high levels of growth and poverty reduction,” Ms. Lagarde hinted.

She is expected to meet senior government officials, business leaders, parliamentarians, prominent women, and representatives of the business communities and civil society. A special highlight of this trip will be her meeting with Rwandan President Paul Kagame In Kigali

As Rwanda continues to position as a preferred investment destination in the East African region, it will also require the sort of deep pockets that IMF-like institutions possess. Urban infrastructure development will likely be a key goal for the freest East African economy, hence, this visit and the strengthened partnership it will bring will be very welcome.

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Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

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