Friday, October 2, 2009

Rwanda: World Bank (WB) agrees with International Monetary Fund (IFM): Rwanda is off track to attaining most of its millennium development goals (MDG)

By RNA report

October 2, 2009

[It could be true that the last Doing Business report that showed Rwanda with praises was nothing but a hype of flattery. Indeed, as everyone would guess, it wasn't about excellency but the points of improvement.Yet a newly published assessment from IMF/WB seems to suggest that the country is "off track" to attaining MDGs in 2015 in all areas that matter including the goal of ending poverty and hunger. This means that the DBS 2010 highlighted Rwanda on the basis of considerations that were neither about excellency nor improvement. WB leadership is so desperate for an African good pupil that they tampered with criteria just to get aweek long sensational headlines in the media for 2010 Doing Business report.The result? It was enough to send our Kagame dancing all the way to New York, Los Angeles and back to Kigali! The new assessment scratches the surface of Rwanda miracle economy to reveal it as it is: hungry and dying==Kasim Karegyesa/DHR].

Kigali: Among the eight global Millennium Development Goals (MDGs), latest data from the International Monetary Fund and World Bank rates Rwanda as “off track” in five of the goals – set by the UN, RNA reports.

The country finds itself with this grim assessment on the goals - ‘End Poverty and Hunger’; ‘Save Children’s Lives’; ‘Make Motherhood Safe’; ‘Protect Environment’; and ‘Build Global Partnership for Development’.

The two Brettonwood institutions say Rwanda “faces severe constraints” that are hindering its progress towards the goals – whose deadline set by the countries themselves is 2015. Due to poor infrastructure, the high cost of trade is said to be a critical constraint.

“Another major constraint, the lack of skilled labor, hampers development of both the private sector and the efficiency of government operations,” the World Bank says in a paper published in June.

On a positive note, the IMF and World Bank agree that the government’s ambitious development plan ‘Vision 2020’ could aid the country. However, the global economic crisis is like to cause a major setback to the government’s efforts because it largely depends on donor funding for most of its spending.

With a 56 percent female representation in parliament, the IMF data released September shows that the country is “on track” on the MDG ‘Gender Equality’. Rwanda is also said to be in the right direction on the goal ‘Education For All’, as well as on the goal six ‘Stop HIV/AIDS and Other Diseases’.

Other categories of assessment included “Progress” – suggesting the country is making commendable changes, and “Possibly on track” – indicating a country improving on some components of some MDGs.

Its regional neighbours Uganda, Burundi and Tanzania are not doing any better. For DR Congo, the situation is so dire that it is not even given any ratings.

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Rwanda's bid to forget the genocide

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