How and why is the global food and energy price crisis impacting Rwanda? How does this most recent crisis exacerbate the economic impact of the COVID-19 pandemic? What can Rwanda do to mitigate the impacts of these shocks and prepare for future shocks?
Economic Policy Modeling for Public Investment Prioritization – An IFPRI Rwanda learning event
Rwanda posted an annual growth rate of 10.9 percent in 2021—a strong recovery from the downturn caused by COVID-19 in 2020. But today, as new crises upset the global economy, Rwanda must again muster the strength to navigate uncertain times and maintain its course. That means staying on track to achieve the long-term social and economic transformation outlined in the National Strategy for Transformation. IFPRI Rwanda, in collaboration with MINAGRI, hosted a 5 day learning event from February 28 through March 4,2022 using the CGE model to analyze alternative public investment priorities in the agriculture sector, rural economy, and food systems.
How can the agriculture sector be a driver in Rwanda’s transformation process? Key findings from recent IFPRI research
Rwanda is embarking on an ambitious transformation process to move itself from a low-income country to a middle-income country by 2035, with agriculture playing a central role. IFPRI's new research looks at PSTA 4’s contribution to date—not only to economic growth, but also to employment creation, poverty reduction, and other economic improvements—and how to improve returns during the second half of its implementation.
Expected impacts of increases in international prices of fertilizer in Rwanda: Estimates from a microsimulation
International fertilizer prices have increased rapidly since 2020 due to multiple factors. This note assesses the impact of these price increases on Rwanda’s agriculture sector, with an emphasis on implications for crop production, subsidy costs, and the Government of Rwanda’s agricultural budget.
Public investment prioritization for Rwanda’s inclusive agricultural transformation: Evidence from rural investment and policy analysis modeling
This study provides evidence that is designed to assist the Government of Rwanda in its selection of agricultural policy, investment, and expenditure portfolios that reflect the country’s broad focus on its food system and structural transformation. This process of prioritization will need to incorporate multiple public investments targeting multiple development outcomes and will need to be grounded in the cost-effective use of public resources in a largely market-led transformation process.