Government-by-Government Assessments: Rwanda
During the review period, the government’s executive budget proposal, enacted budget, and end-of-year report were widely and easily accessible online to the general public within a reasonable period of time. Information on public debt obligations and publicly guaranteed debt figures were publicly available, however detailed information on specific state-owned enterprise debt guaranteed by the government was unavailable. Allocations to and earnings from some significant state-owned enterprises were available in budget documents. The government made available detailed information for some state-owned enterprises but did not make detailed information regarding all transfers easily accessible to the public. The supreme audit institution meets international standards of independence. It reviewed the government’s accounts and made its reports publicly available. The criteria and procedures by which the national government awards contracts or licenses for natural resource extraction were outlined in law and appeared to be followed in practice. Basic information on natural resource extraction awards was public. The sovereign wealth fund disclosed its source of funding and general approach to withdrawals. Rwanda’s fiscal transparency would be improved by:
- making detailed information on state-owned enterprise debt publicly available; and
- making detailed information on allocations to and earnings from all significant state-owned enterprises publicly available.