Developing Effective Solutions to Boost Domestic Saving in Rwanda


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Developing Effective Solutions to Boost Domestic Saving in Rwanda

December 12, 2019

This Report, Developing effective solutions to boost domestic savings in Rwanda, was prepared for the Ministry of Finance and Economic Planning (MINECOFIN) by the United Nations Development Programme (UNDP) in Rwanda.

UNDP is grateful for the constant support, supervision and inputs provided by the Chief Econ- omist of MINECOFIN, Ms. Amina Rwakunda and the Head of the Macroeconomics Division, Dr. Thierry Kalisa, without which this Report would not exist.

The report benefitted from the knowledge and professionalism of its main author, Professor John Eudes Sérieux, from the University of Manitoba. A special thanks goes to the Strategy and Policy Unit team, headed by Ms. Yemesrach Workie, Economics Advisor; Mr. Alessandro Ramella Pezza, Economist; and Ms. Claudine Uwineza, Research Assistant, for their analyt- ical contributions and their assistance before, during and after the mission.

The Report further benefited greatly from the input of the staff of MINECOFIN, the Central Bank of Rwanda, the National Institute of Statistics of Rwanda, the Rwanda Social Security Board, the Rwanda Investment Trust, the Development Bank of Rwanda and of all the other stakeholders interviewed in the private sector and from the Development Partners.

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