President Paul Kagame met International Monetary Fund Executive Director Dr Regis O N’Sonde at Urugwiro Village, where their discussions focused on Rwanda’s economic growth and continued cooperation with the Fund.
N’Sonde represented Rwanda and 22 other African countries on the IMF Executive Board.
The meeting came as Rwanda continued implementing a 38 month programme under the IMF’s Extended Credit Facility, which had been approved by the Fund’s Executive Board in June 2026.
The programme provided Rwanda with SDR185.03 million, equivalent to about 250 million dollars, to support economic reforms and help the country respond to tighter global financing conditions. An initial disbursement of about 35.7 million dollars was made available following the approval.
The IMF said the programme was intended to support macroeconomic stability, manage fiscal and debt risks and promote private sector led growth while protecting priority social and development spending.
Rwanda’s economy grew by 9.4 percent in 2025, up from 7.2 percent in 2024, supported by strong performance in construction, manufacturing, agriculture, trade and transport.
The IMF projected economic growth of 6.8 percent in 2026, while pointing to inflationary pressures, higher import costs and tighter external financing conditions among risks facing the economy.
N’Sonde had also represented Rwanda on the IMF Executive Board when the country’s Extended Credit Facility arrangement was considered in June 2026.
Elie Gatete
RadioTV10