NATIONAL BANK OF RWANDA
QUARTERLY BULLETIN
SECOND QUARTER, 2009
Quarterly Bulletin………………………………………………..………..June, 2009 TABLE OF CONTENTS I. INTERNATIONAL ECONOMIC ENVIRONMENT ............................................ 3 II. NATIONAL ECONOMIC SITUATION ........................................................ 5 II.1 AGRICULTURAL FOOD PRODUCTION ................................................ 5 II.2 NON AGRICULTURAL ACTIVITIES ................................................... 7 II.3 EXTERNAL TRADE ..................................................................... 22 II.4 INFLATION ............................................................................. 25 III. MONETARY DEVELOPMENTS ............................................................ 27 III.1 MONEY SUPPLY ...................................................................... 28 III.2 MONEY DEMAND ...................................................................... 29 III.3 LIQUIDITY MANAGEMENT .......................................................... 30 IV. EXCHANGE RATE AND FOREX MARKET ............................................... 32 IV.1 RWF EXCHANGE RATE DEVELOPMENTS ........................................... 32 IV.2 FOREIGN EXCHANGE MARKET OPERATIONS ..................................... 33 V.
PUBLIC FINANCE ........................................................................ 35
V.1 REVENUES AND EXPENDITURES ................................................... 36 V.2 DOMESTIC DEBT...................................................................... 40 VI. FINANCIAL SECTOR SOUNDNESS ....................................................... 41 VI.1 BANKING SECTOR ................................................................... 41 VI.2 MICROFINANCE SECTOR ............................................................. 42 VII. APPENDICES .............................................................................. 44 VII.1 TECHNICAL NOTES ON THE MONETARY STATISTICS ............................ 44 VII.2 STATISTICAL APPENDICES .......................................................... 48
National Bank of Rwanda Page 2
Quarterly Bulletin………………………………………………..………..June, 2009 I. INTERNATIONAL ECONOMIC ENVIRONMENT During the first half of 2009, the pace in the world economic recession is slowing down. The latest estimates show the signs of a possible upturn but was no evidence of any firm starting recovery. According to the IMF forecasts in July 2009, the world real GDP growth rate is estimated to decline by 1.4% in 2009, down sharply from growth rate of 2.2% in its November 2008 report. Global growth is then projected to gradually recover to 2.5% during 2010, but remains below potential, implying widening output gaps and increasing disinflationary pressures. In the first semester of 2009, the USA, the Euro zone and Japan all entered a deep recession, with quarterly GDP contracting by 5.5%, 4.9% annaually, and 14.2% quarterly respectively, during the first quarter 2009. For the second quarter, real GDP growth was expected to -1.80% in USA, -5.1% in Euro zone and 2.35% in Japan following the decline in the world and domestic demand. Inflationary pressures eased, with headline inflation (CPI) turning negative in the USA (-0.07% in the first quarter and -1.13% in the second quarter 2009) and Japan (-0.13% and -0.90% respectively in the first and second quarter 2009). However, they increased by 0.97% year on year in the Euro zone in the first quarter 2009 and by 0.17% in the following quarter. In the emerging markets and developing economies, the economic activity is also facing financial crisis effects. The growth rate is projected at 1.5% at the end of 2009, against 6% in 2008. In emerging Asia, the last estimates reveal a significant deceleration in the economic decline pointing to positive monthly changes in many emerging economies which were hit by the collapse of international trade. Real GDP in the East Asian economies contracted by 4.7% in the first quarter 2009 from 2.7% in the last quarter 2008. According to the IMF forecasts in July, real GDP is expected to increase by 5.5% in developing Asia in 2009. In Africa, the economic growth is projected at 1.8% in 2009 after a level of 5.2% in 2008, due to downturn of the world demand and the decline in commodity prices affecting particularly the export sector of African countries. On the commodity market, contrary to the previous trend, prices increased between the first and second quarter 2009. According to the World Bank estimates, energy index increased from 166.3 to 204.5 recording a quarterly inflation of 23.01%. In the same way, oil prices rose to 59.13 dollars per barrel in the second quarter from 44.18 dollars
National Bank of Rwanda Page 3
Quarterly Bulletin………………………………………………..………..June, 2009 in the first quarter 2009, sustained by higher demand due to less pessimistic expectations about global economic environment. Also the non-energy commodity prices continued to increase over the last months. In fact, metal prices rose in June after two months of stability. In addition, prices of agriculture products increased as well driven by the prices of soybeans in particular. In aggregate terms, the price index for non-energy commodities (denominated in US dollars) in mid-June was 18% higher than the level at the beginning of the year. On the money market, central banks continued to lower their policy rates aggressively, with the US Fed Funds rate being lowered to a target range between 0 - 0.25%, the European Central Bank (ECB) refinancing rate to 1.0%, and in Japan the overnight call rate to 0.1% and the Bank of England to 1%. These measures eased monetary conditions and alleviated stresses in the credit markets. Thus, in USA, the end of period three months interbank deposit rate declined to 0.84% in the second quarter 2009 from 1.24% over the first quarter 2009 while the ten-year government bond yield increased to 3.63% against 3.03% at the end of the previous quarter.
In Euro zone, three months deposit rate dropped to 1.31% in the second
quarter after 2.01% in the previous quarter and the long-term government bonds increased to 3.99% on average in the second quarter from 3.77% in the first quarter 2009. In Japan the three months rate slipped from 0.67% in the first quarter 2009 to 0.53% in the following quarter. In parallel, 10-year Japanese Government bond yield rose by 17 basis points, reaching 1.41% in the second quarter 2009 against 1.24% in the previous quarter. In USA, Euro, as well as in Japan, the long-term interest rates showed some important intra-period swings, reflecting market sentiments globally. In the context of the current financial crisis, the foreign exchange market continues to experience a strong volatility. At the end of the second quarter, the euro appreciated by 4.6%, traded on average at $US 1.363, against 1.303$US in the first quarter 2009 following an increase in the market risk, leading to shift away from currencies perceived as safe-havens by markets such as US dollar. In parallel, the euro appreciated significantly vis-à-vis the Japanese yen totaling 132.59 yens in the second quarter against 122.04 yens in the first quarter 2009 that is an appreciation of 8.6%. Contrary, the euro depreciated by 3.4% vis-à-vis the pound sterling equivalent to 0.879 against 0.909 pound sterling in the first quarter 2009.
National Bank of Rwanda Page 4
Quarterly Bulletin………………………………………………..………..June, 2009 II. NATIONAL ECONOMIC SITUATION
II.1 AGRICULTURAL FOOD PRODUCTION According to the available agricultural statistical data from the Ministry of Agriculture and Animal Resources (MINAGRI), the agriculture sector production for both 2009A and 2009B seasons increased by 12.4% as a result of favourable climatic conditions (regular rainfall) and Government Green Revolution Policy. The 2009B agricultural season rose by 6.2%, from 4 343 millions of tons in season 2008B to 4 614 millions of tons in season 2009B whereas season 2009A had increased by 19.3%. Table 1: Food production by crop, 2009B season (2006B-2009B, in tons) 2006B
2007B
2008B
2009B
% change 2009B/2008B
245 908 174 185 26 282 10 248 35 193 188 322 163 446 1 509 6 324 3 462
227 842 152 624 28 405 14 095 32 718 157 018 135 636 7 059 4 052 10 271
291 611 154 376 70 344 34 164 32 727 189 757 140 853 17 706 9 404 21 794
27.0 17.1 107.7 14.0 -3.7 18.1 10.6 82.3 81.8 17.7
Roots & tubers Irish potatoes Sweet potatoes Taro Cassava
1 363 114 525 797 460 186 50 252 326 879
1 387 426 396 067 549 206 68 336 373 817
2 350 458 601 644 471 103 75 809 1 201 902
7.3 2.1 -12.5 10.9 20.9
Bananas Fruits and Vegetables
1 466 864 441 319
1 390 980 446 805
1 342 608 439 132
3.6 -6.0
Total production
3 705 527
3 610 071
229 594 131 800 33 863 29 960 33 971 160 740 127 335 9 711 5 172 18 522 2 189 959 589 089 538 629 68 367 993 874 1 295 477 467 199 4 342 969
4 613 565
6.2
Annual % change
-2.4
-2.6
20.3
Cereals Sorghum Maize Wheat Paddy rice Legumes Beans Peas Groundnuts Soya
6.2
Source: MINAGRI, Agricultural Statistics Department
The overall production in cereals increased by 27% mainly due to the high increase in the production of maize (107.7%), sorghum (17.1%), and wheat (14%), whereas pady rice decreased by 3.7%. The cultivated land area under maize increased by 5% while that under wheat increased by 3%. This better performance observed in cereals production is therefore a result of Government policies to increase availability, accessibility and affordability of fertilizers to farmers. It is as well due to the application of “Green
National Bank of Rwanda Page 5
Quarterly Bulletin………………………………………………..………..June, 2009 Revolution Policy” especially in the Eastern Province within the Districts of Kirehe, Nyagatare, Bugesera, Kayonza and Gatsibo. During the 2009B season, agricultural production for legumes was favourable where all leguminous plants show positive results. Peas, groundnuts, soya and beans increased respectively by 82.3%, 81.8%, 17.7%, and 10.6%. Since their relative production weight is small accounting for only 4.1% of the 2009B agricultural production season, their contribution in the overall production was limited. The increase in the production of legumes was attributed to continuous expansion in the land area under cultivation.
After a high recovery in the agricultural production of roots and tubers in 2009A season (17.8%), the total production for 2009B season experienced better performance with 7.3% growth, mainly attributed to cassava, irish potatoes and taro whose production increased by 20.9%, 10.9% and 2.1% respectively, while the production of sweet potatoes declined by 12.5% due to the late planting as a result of late rains and dry spells in the middle of the season. The cultivated land area under Irish potatoes increased by 6% due the better payments in the previous cropping season; area under sweet patotoes increased marginally compared to 2009B, the cultivated land area under taro improved merely by 1% compared to 17% in 2008B season and taro was extensively cultivated throughout the country as planting materials were available.
The production of cassava continues with the upward trend by the increase of 11% in area under cultivation compared to 2008B season and increase in production was 20.9% in 2009B season due to the adoption of new cassava trees (cultivars) that are resistant to the Cassava Mosaic Disease (CMD). Although bananas occupy a big part of the country’s cultivated land area, they are being threatened by Banana bacterial wilt mostly in the western province and in some districts of the Northern Province. Their production in 2009B season increased by 3.6% compared to a decrease of 3.5% in 2008B season. The increase in the production of bananas in 2009B season is attributed to the fact that farmers were encouraged to reduce the size of unproductive banana plantations as well as those that were heavily infected by bacterial wilt and maintain only those productive areas that are profitable. In the past, bananas for local wine production occupied 60% of the total land area under banana cultivation, followed by cooked bananas occupying 30% while sweet bananas occupied the remaining 10%. As a result of government policy for food production
National Bank of Rwanda Page 6
Quarterly Bulletin………………………………………………..………..June, 2009 exports, the recent trend reveals farmers replacing bananas for wine production with cooked bananas and sweet bananas in the eastern and western provinces. As more quality planting materials are made available and distributed to farmers, this effort will succeed in the near future. The overall production of fruits and vegetables in 2009B season account for 9.5% of the total season production, decreasing by 6% compared to an increase of 4.6% in 2008B season. II.2 NON AGRICULTURAL ACTIVITIES II.2.1 PRODUCTION IN VOLUME FOR LARGE INDUSTRIES
Despite economic crisis which the world economy faced in general, some industries managed to perform better during the first half of 2009, while others performed badly due mainly to the fall in global demand. Among the most manufacturing industries which experienced high growth are; bricks and tiles (+102.7%), mattresses (+95.2%), sugar production (+79.5%), tobacco (+46.8%), biscuits (+43.9%), paints (+31%), and mineral water (+30%). However, the production of vegetable conservation declined by 70.3%, banana wine fell by 65.4%), bakeries (-39.5%), animal feeds (-31.8%), coffee (-28.4%), textiles (-27.3%) and soaps (-26.8%).
National Bank of Rwanda Page 7
Quarterly Bulletin………………………………………………..………..June, 2009 Table 2: The development of large manufacturing industries production since first quarter 2008 (in volume) 2008 LARGE MANUFACTURING INDUSTRIES 1. Beverages Soft drinks (in HL) Modern beer (in HL) Sugar (in MT) Tobacco (in millions of Sticks) 2. Coffee and Tea Coffee (in tons) Tea (in tons) 3. Soaps and Paints Soaps (in tons) Paints (in tons) 4.Plastics, shoes & other chemical products Plastic products (in tons) Plastic shoes (in 000’s paires) Other chemical products (in tons) 5. Cement, bricks, tiles and limestone Cement (in tons) Bricks & Tiles (in tons) Limestone (in tons) 6. Textiles and Metals Textiles (in 000’s yards) Metals (in tons) 7. Domestic produced electricity and Water Domestic produced electricity (in KwH) Water (in M3) 8. Biscuits and vegetable conservation Biscuits (in tons) Vegetable conservation (in tons) 9. Banana wine and Mineral water Banana wine ( in HL) Mineral water (in HL) 10. Milk processing,Juice and Animal feeds Milk processing (in HL) Juice production (in Lt) Animal feeds (in tons) 11.Flour,Rice milling and Bakeries Flour milling (in tons) Rice milling (in tons) Bakeries (in tons) 12.Paper products and Mattresses Paper products (in tons) Matresses (in tons) Source: BNR, Statistics Department
QRT 1
QRT 2
QRT 1
2009 QRT 2
% Change 1st half 09/ 1st half 08
100 114 195 528 3 051 35
107 166 213 045 522 42
89 131 196 404 3 342 58
84 939 195 404 3 071 55
-16.0 -4.1 79.5 46.8
1 166 5 069
4 444 5 812
934 5 174
3 080 6 072
-28.4 3.4
1 427 504
1 317 555
1 258 506
750 881
-26.8 31.0
265 592 278
323 470 266
372 412 223
263 382 368
8.0 -25.2 8.6
25 845 4 292 195
27 436 7 344 191
21 475 13 315 240
21 787 10 276 260
-18.8 102.7 29.5
924 1 224
1 163 1 344
941 1 445
577 964
-27.3 -6.2
44 604 4 955
48 442 5 065
55 698 5 108
57 033 5 558
21.2 6.4
541 43
509 102
792 17
719 26
43.9 -70.3
2 133 18 876
2 166 21 276
981 26 202
506 25 984
-65.4 30.0
4 266 2 008 1 537
4 194 1 792 2 033
3 562 2 399 1 999
3 350 1 964 436
-18.3 14.8 -31.8
946 614 260
841 826 272
853 810 170
791 872 152
-8.0 16.8 -39.6
69 28
74 35
73 81
78 42
5.6 95.2
1. BEVERAGE INDUSTRIES The beverage industry encompasses modern beer, soft drinks, sugar and tobacco, among others. During the first half of 2009, the production of modern beer decreased by 4.1% while soft drinks decreased by 16% when compared to the corresponding period of the year 2008 due to the fall in demand, partly on the advantage of increasing mineral water consumption. Furthermore, comparing the second quarter 2009 with the previous quarter (first quarter 2009), the production of modern beer and soft drinks declined by 0.5% and 4.7% respectively.
National Bank of Rwanda Page 8
Quarterly Bulletin………………………………………………..………..June, 2009
Fig. 1: Production of modern beer and soft drinks 260 000 230 000 200 000 170 000 140 000 110 000 80 000 50 000 20 000 QRT1
QRT2
QRT3
QRT4
QRT1
QRT2
2005
QRT3
QRT4
QRT1
2006
QRT2
QRT3
QRT4
QRT1
2007 M odern beer
QRT2
QRT3
QRT4
QRT1
2008
QRT2
2009
Soft drinks
Source: BNR, Statistics Department
In food processing, sugar production rose by 79.5% when comparing the first half of 2009 with the same period of the previous year. This increase was due to the rehabilitation work done last year where old equipments were replaced by the new equipments. However, when comparing the second quarter with the first quarter 2009, sugar production decreased by 8.1%. Fig. 2: Sugar production trend 5000 4500 4000 3500 3000 2500 2000 1500 1000 500 0 QRT1
QRT2
QRT3
QRT4
QRT1
2005
QRT2
QRT3
2006
QRT4
QRT1
QRT2
QRT3
2007
QRT4
QRT1
QRT2
QRT3
QRT4
2008
QRT1
QRT2
2009
Source: BNR, Statistics Department
The total tobacco production for the first half of 2009 rose by 46.8% when compared to the same period of the previous year, and 28.6% when one compares the second quarter 2009 with the corresponding quarter 2008. This reveals that tobacco industry has started to improve after the closure of the former TABARWANDA. However, comparing the second quarter with the first quarter 2009, tobacco production has declined by 6.9%.
National Bank of Rwanda Page 9
Quarterly Bulletin………………………………………………..………..June, 2009 Fig. 3: Evolution of tobacco production
Source: BNR, Statistics Department
2. COFFEE AND TEA For the first half of 2009, tea production slightly increased by 3.4% compared to the corresponding period of the previous year. This came after eradication of a tea disease which had affected tea plantations in mid last year in the western province (GISAKURA tea plantation), as well as good season for tea growers as rains were abundant in the tea growing regions. Furthermore, compared to the first quarter 2009, tea production also rose by 17.4% in the second quarter 2009. On the other hand, coffee production decreased by 28.4% compared to the first half of 2008 and by 30.7% when one compares the second quarter 2009 with the corresponding quarter of the previous year. However, coffee production increased highly in the second quarter 2009 compared to the first quarter 2009, with a growth rate of 229.8% owing to the fact that this was a coffee season. Fig. 4: Production of Coffee and Tea development 12 100 10 100 8 100 6 100 4 100 2 100 100 QRT1
QRT2
QRT3
QRT4
QRT1
2005
QRT2
QRT3
QRT4
QRT1
2006
QRT2
QRT3
2007 Coffee
QRT4
QRT1
QRT2
QRT3
2008
QRT4
QRT1
QRT2
2009
Tea
Source: BNR, Statistics Department
National Bank of Rwanda Page 10
Quarterly Bulletin………………………………………………..………..June, 2009
3. SOAPS AND PAINTS INDUSTRIES Taking into account the production in volume of soaps during the first half of 2009 and compare it with the corresponding period of the previous year, the production of soaps decreased by 26.8%, whereas that of paints increased by 31%. The fall in soap production was mainly due to the competition with other products from the neighbouring countries. Fig. 5: Production of Soaps and Paints 2 500 2 100 1 700 1 300 900 500 100 QRT2 QRT3 QRT4 QRT1 QRT2 QRT3 QRT4 QRT1 QRT2 QRT3 QRT4 QRT1 QRT2 QRT3 QRT4 QRT1 QRT2 2006
2007 Soaps
2008
2009
Paints
Source: BNR, Statistics Department
4. PLASTICS, SHOES AND OTHER CHEMICAL PRODUCTS During the first half of 2009, the production of plastic products increased by 8% compared to the corresponding period of the previous year, and fell by 29.3% comparing the second quarter with the first quarter 2009, while it decreased by 25.2% due to some products that were eliminated from the production line as a result of low demand. On the other hand, other chemical products which include vanishing materials and other chemicals used in furniture workshops, increased by 8.6% compared to the corresponding period of the previous year, and rose by 65% when one compares the second quarter with the first quarter 2009.
National Bank of Rwanda Page 11
Quarterly Bulletin………………………………………………..………..June, 2009
Fig. 6: Other chemical and plastic products (in tons)
650 550 450 350 250 150 50 QRT1 QRT2 QRT3 QRT4 QRT1 QRT2 QRT3 QRT4 QRT1 QRT2 QRT3 QRT4 QRT1 QRT2 QRT3 QRT4 QRT1 QRT2 2005
2006
2007
Other chemicals
2008
2009
Plastic products
Source: BNR, Statistics Department
5. CEMENT, BRICKS, TILES, AND LIME INDUSTRIES Comparing the first half of 2009 with the corresponding period of the previous year, the production of cement decreased by 18.8%, and when comparing the second quarter with the first quarter 2009, it slightly increased by 1.5% the fact being that cement industry underwent some repairing activities during the month of April, and there has been a failure of production equipments in February 2009 which needed repair and replacements, according to the management of the company. However, despite repairing activities, the industry’s annual production target of 100 000 tons is expected to be achieved.
Fig. 7: Evolution of cement production 30000 28000 26000 24000 22000 20000 18000 QRT1 QRT2 QRT3 QRT4
QRT1 QRT2 QRT3 QRT4
QRT1 QRT2 QRT3 QRT4
QRT1 QRT2 QRT3 QRT4
QRT1 QRT2
2005
2006
2007
2008
2009
Source: BNR, Statistics Department
National Bank of Rwanda Page 12
Quarterly Bulletin………………………………………………..………..June, 2009 The production of bricks and tiles, and limestone in the first half of 2009 rose by 102.7% and 29.5% respectively compared to the corresponding period of the previous year. This increase resulted from the on going construction activities and diversification of products in some brick making industries. Comparing the second quarter with the first quarter of 2009, the production of bricks and tiles suffered a decline of 22.8% while limestone rose by 8.3%.
Fig. 8: Evolution of bricks and tiles production (in tons)
Source: BNR, Statistics Department
6. TEXTILES AND METAL PRODUCTION When taking into account the production in volume for textiles products during the first half of 2009 and compare it with the corresponding period of the previous year, textile production declined by 27.3%, and compared to the first quarter, textile production also fell by 38.7% in the second quarter 2009. This decline in the textile production was due to the competition that is being faced by UTEXRWA Textile Company from other imported products. The production of metals declined by 6.2% mainly as a result of fall in demand that negatively affected the selling prices.
National Bank of Rwanda Page 13
Quarterly Bulletin………………………………………………..………..June, 2009
Fig.9: Textile production (in yards)
Source: BNR, Statistics Department
7. Domestically produced electricity and water production There are three main sources of electricity domestically produced, namely: hydro, thermal and solar energy (at Mt. JALI). In the first half of 2009, domestically produced electricity increased by 21.2%, and this was due to the significant increase in hydro power generation (24.5%) from MUKUNGWA and NTARUKA power stations as a result of major rehabilitation works on these stations and the recovered of water levels, thanks to environment protection measures taken in recent years. Also other domestic sources, thermal and solar energy increased by 24.1%, and 16.5% respectively while electricity imported from neighbouring countries decreased by 15.6%. On the other hand, the volume of water production rose by 6.4% when comparing the first half of 2009 with the corresponding period of the previous year, and also increased by 8.8% comparing the first quarter with the second quarter 2009 as a result of renovation of KARENGE water station since August 2007.
National Bank of Rwanda Page 14
Quarterly Bulletin………………………………………………..………..June, 2009
Fig. 10: Evolution of electricity domestically produced
Source: BNR, Statistics Department
8. BISCUITS AND VEGETABLE CONSERVATION When comparing the first half of 2009 with the corresponding period of the previous year, the production of biscuits increased by 43.9% while vegetable conservation highly declined by 70.3%. The increase in biscuits production resulted from the introduction of new products that started in the second semester 2008. The production of vegetable conservation fell mainly as a result of the poor tomato harvests due to too much rainfall. Fig. 11: Production of vegetables and biscuits (in Kgs)
Source: BNR, Statistics Department
National Bank of Rwanda Page 15
Quarterly Bulletin………………………………………………..………..June, 2009 9. BANANA WINE AND MINERAL WATER Like modern beer and soft drinks are produced by large companies, banana wine and mineral water are as well produced by medium enterprises. Due to lack of raw materials, the production of banana wine decreased by 65.4% when comparing the first half of 2009 with the corresponding period of the previous year. However, mineral water production rose by 30% due to the high market demand which led to the emerging new plant “AMAZI Y’URWANDA RWA GASABO”. Fig. 12: Evolution of banana wine and mineral water (in HL)
Source: BNR, Statistics Department
10. MILK PROCESSING, JUICE AND ANIMAL FEEDS PRODUCTION When comparing the first half of 2009 with the same period of the previous year, milk production decreased by 18.3%, while juice production rose by 14.8% due to the expansion of INYANGE juice unit. The decline in milk production resulted particularly from lack of packaging materials experienced by NYANZA DIARY (former NYABISINDU DAIRY) at the beginning of this year which made them produce below their capacity for a period of one month.
National Bank of Rwanda Page 16
Quarterly Bulletin………………………………………………..………..June, 2009 Fig. 13: Production of milk and juice (in HL) 6 000 5 000 4 000 3 000 2 000 1 000 0 QRT1 QRT2 QRT3 QRT4
QRT1 QRT2 QRT3 QRT4 QRT1 QRT2 QRT3 QRT4 QRT1 QRT2 QRT3 QRT4 QRT1 QRT2
2005
2006
2007 M ilk
2008
2009
Juice
Source: BNR, Statistics Department
11. Flour, rice milling and bakeries production Production of flour declined by 8% due to the temporary closure of MINOTERIE DE NYUNGWE and shortage of raw materials in some companies, while rice milling increased by 16.8% due to the good cropping season as well as introduction of new rice species. Fig. 14: Evolution of Flour and Rice milling production (in tons)
2 500 2 000 1 500 1 000 500 0 QRT1
QRT2
QRT3
2006
QRT4
QRT1
QRT2
QRT3
QRT4
QRT1
2007 Flour milling
QRT2
QRT3
QRT4
2008
QRT1 QRT2 2009
Rice milling
Source: BNR, Statistics Department
The production of bakeries decreased by 39.6% due to temporarily closure of BOULANGERIE ATHEENE MODERNE, CITY MARKET bakery, chez VENANT bakery and poor operation of INGANO bakery to fulfil required production standards.
National Bank of Rwanda Page 17
Quarterly Bulletin………………………………………………..………..June, 2009 Fig. 15: Evolution of Bakeries production (in tons) 300 250 200 150 100 50 0 QRT1
QRT2
QRT3
QRT4
QRT1
QRT2
2006
QRT3
QRT4
QRT1
QRT2
2007
QRT3
QRT4
2008
QRT1
QRT2 2009
Source: BNR, Statistics Department
12. PAPER PRODUCTS AND MATTRESS PRODUCTION When comparing the first half of 2009 with the corresponding period of the previous year, paper production increased by 5.6% while the production of mattresses almost doubled rising by 95.2% as a result of a new manufacturing industry entering the market called UPROFOAM. Fig. 16: Evolution of paper products and mattress production (in Kgs) 1 000
100
10
1 QRT2 QRT3 QRT4
QRT1 QRT2 QRT3 QRT4
QRT1 QRT2 QRT3 QRT4
QRT1 QRT2 QRT3 QRT4
QRT1 QRT2
2006
2007
2008
2009
Paper product s
M at resses
Source: BNR, Statistics Department
To crown it all, the production of large manufacturing industries somehow improved in the first half of 2009 despite economic hardships that the world economy had suffered. II.2.2 EVOLUTION OF LARGE COMPANIES TURNOVERS
As a key indicator of the economic performance, the total turnovers registered by large companies in industry and service sectors increased by 5.3%, of which industry grew by 7.5% due to the high increase in the energy sector (36.4%) while service sector slightly rose by 4.3% during the first half of 2009. However, compared to the previous years, this increase is significantly slowing down. In fact, following a number of unfavourable factors, the business climate has been deteriorating during the first six months of 2009. The world economic crisis which
National Bank of Rwanda Page 18
Quarterly Bulletin………………………………………………..………..June, 2009 affected the demand and prices for our exports, as well as unusual tightening of credit conditions by the banking sector due to the current liquidity crunch, are among the major factors behind the slow-down of the non-agriculture economic activities. Table 3: Turnovers % change for large companies in Industry and Services sectors Annual change
Monthly change in 2009 Jan.
Mar
April
May
June
34.3 41.6 -2.7 -25.4 95.9 16.7 2.4
-11.5 -8.5 30.3 -31.4 -27.6 2.4 3.2
1.0 5.5 -7.2 -0.8 -5.6 -13.8 -8.9
27.4 18.4 13.5 22.5 66.9 27.9 22.7
By end June 2008 38.9 42.7 30.0 15.0 45.2 41.2 39.5
100.5
-18.8
-18.2
49.4
47.6
Feb
INDUSTRIES -36.6 -2.5 Manufacturing -27.7 2.7 Energy -10.1 2.7 Mining -54.5 138.7 Construction -56.8 -10.1 SERVICES -24.5 -13.7 Trade -31.6 -3.4 Banks & Insura. -24.7 -39.6 companies Transport and -50.1 76.7 Storage Garage services 13.9 81.9 Petroleum -7.9 -19.9 companies Posts & Telcom. -14.4 -7.7 Telecommun. Other services -13.6 -47.3 TOTAL SALES -28.1 -10.8 Source: RRA, Department of Large Tax Payers
By end June 2009
13.3
74.9
-62.9
126.1
21.6
2.7
-19.5
-58.4
15.3
208.9
12.5
18.2
-0.9
-8.1
10.6
53.3
-21.0
10.3
7.6
-3.0
14.7
23.9
36.2
32.4 21.7
8.7 -2.0
-20.8 -9.6
57.1 27.7
39.5 40.5
24.6 5.3
405000 305000 205000 105000
Industries
7.8
-24.5
Fig. 17: Turnovers developments for large companies in industry and services sectors (in millions of RWF)
5000
7.5 4.3 36.4 2.9 4.4 4.3 5.9
Services
Jan.-June 2008 Jan.-June 2009
Source: RRA, Department of Large Tax Payers
National Bank of Rwanda Page 19
Quarterly Bulletin………………………………………………..………..June, 2009 1. Manufacturing Industries The turnovers for manufacturing industries which were RWF 86.518 billions in the first half of 2008 rose to RWF 90.271 billions in the first half of 2009, which is an increase of 4.3%. This increase emanates mainly from breweries (alcoholic and non alcoholic beverages) rising by 14% while printing shops and other manufacturing industries fell by 8.6% and 0.5% respectively. Fig. 18: Monthly turnovers development of manufacturing industries (in millions of RWF) 21 000 19 000 17 000 15 000 13 000 11 000 9 000 7 000
June 09
May 09
April 09
Feb. 09
Marc h 09
Jan. 09
Dec. 08
Oct . 08
Nov. 08
Sept . 08
Jul. 08
Aug. 08
May 08
June 08
April 08
Marc h 08
Jan. 08
Feb. 08
Nov. 07
Dec. 07
Oct . 07
Sept . 07
Jul. 07
Aug. 07
May 07
June 07
April 07
Feb. 07
Marc h 07
Jan. 07
5 000
Source: RRA, Department of Large Tax Payers
2. Energy Sector The energy sector, dominated by electricity and water utility (ELECTROGAZ), experienced a significant increase of 36.4% as its turnovers increased to RWF 20.391 billions in the first half of 2009 from RWF 14.952 billions in the corresponding period of 2008 as a result of improvement in production, despite domestic demand that is still higher than the production level. Fig. 19: Monthly turnover development of Energy sector (in millions of RWF)
4 400
3 900
3 400
2 900
2 400
1 900
Fe b. 0 M 9 ar ch 0 9 A pr il 09 M ay 09 Ju ne 09
Ju l. 08 A ug .0 8 S ep t. 08 O ct .0 8 N ov .0 8 D ec .0 8 Ja n. 09
Fe b. 0 M 8 ar ch 0 8 A pr il 08 M ay 08 Ju ne 08
Ju l. 07 A ug .0 7 S ep t. 07 O ct .0 7 N ov .0 7 D ec .0 7 Ja n. 08
Ja n. 07 Fe b. 07 M ar ch 07 A pr il 07 M ay 07 Ju ne 07
1 400
Source: RRA, Department of Large Tax Payers
National Bank of Rwanda Page 20
Quarterly Bulletin………………………………………………..………..June, 2009
3. Construction sector The growth of construction and public works activities that accelerated progressively during the previous year, did not maintain the same trend when one compares the first half of 2009 with the corresponding period of 2008. Construction activities rose by only 4.4%, rising from RWF 33.080 billions in the first half of 2008 to RWF 34.543 billions in the corresponding period under review. This is partly due to the current restrictive measures taken by banks to finance mortgage industry due to lack of long term liquidity, as well as the administrative measures taken by the authorities of Kigali City in line with the current designed master plan.
Fig. 20: Developments of turnovers of the construction and public works sub-sector (in millions of RWF) 10 000 9 000 8 000 7 000 6 000 5 000 4 000 3 000 2 000 1 000
May 09
June 09
Apri l 09
Mar ch 0 9
Jan. 09
Feb. 09
Nov. 08
Dec. 08
Oct. 08
Aug. 08
Sept . 08
Jul. 08
May 08
June 08
April 08
Marc h 08
Jan. 08
Feb. 08
Dec. 07
Nov. 07
Oct. 07
Sept . 07
Jul. 07
Aug. 07
June 07
May 07
April 07
Marc h 07
Jan. 07
Feb. 07
-
Source: RRA, Department of Large Tax Payers
4. Mining sector The mining sector which is dominated by three major minerals as tin, coltan and wolfram, slightly increased by 2.9% as its turnovers rose from Rwf 12.864 billions in the first semester 2008 to Rwf 13.237 billions in the corresponding period of the year under review. Comparing June and May 2009, the sector’s turnovers increased by 22.5%, and this monthly increase was a result of the African Primary Tungsten SARL and Metal Processing Association mining companies whose turnovers highly increased by 376.6% and 251.5% respectively.
National Bank of Rwanda Page 21
Quarterly Bulletin………………………………………………..………..June, 2009
Fig. 21: Developments of turnovers of the mining sector (in millions of RWF)
4 900 4 400 3 900 3 400 2 900 2 400 1 900
J ul .0 8 A ug .0 8 S ep t. 08 O ct .0 8 N ov .0 8 D ec .0 8 J an .0 9 F eb .0 9 M ar ch 0 9 A pr il 09 M ay 0 9 J un e 0 9
J ul .0 7 A ug .0 7 S ep t. 07 O ct .0 7 N ov .0 7 D ec .0 7 J an .0 8 F eb .0 8 M ar ch 0 8 A pr il 08 M ay 0 8 J un e 0 8
J an .0 7 F eb .0 7 M ar ch 0 7 A pr il 07 M ay 0 7 J un e 0 7
1 400
Source: RRA, Department of Large Tax Payers
5. Services sector During the first half of 2009, the overall services activities recorded a nominal increase of only 4.3% of their turnovers compared to the same period of the previous year, as the sector turnovers increased to RWF 372.960 from RWF 357.447 billions. This low performance of the sector is explained by decline in trade services attributed mainly to the hotels and restaurants whose turnover declined by 9.9% as well as petroleum companies whose turnover sensitively fell by 21%.
Fig. 22: Developments of turnovers of large service providing enterprises (in millions of RWF)
80 000
70 000 60 000
50 000
40 000
30 000
June 09
May 09
Apri l 09
Marc h 09
Jan. 09
Feb. 09
Nov. 08
Dec. 08
Oct. 08
Sept. 08
Aug. 08
Jul. 08
June 08
May 08
Apri l 08
Marc h 08
Jan. 08
Feb. 08
Nov. 07
Dec. 07
Oct. 07
Sept. 07
Aug. 07
Jul. 07
May 07
June 07
April 07
Feb. 07
Marc h 07
Jan. 07
20 000
Source: RRA, Department of Large Tax Payers
II.3 EXTERNAL TRADE The upward trend increase of imports observed for the last years was maintained during the first half of 2009. Compared to the corresponding period of 2008, imports in the first half of 2009 increased by 26.89% in value and 18.95% in volume. However, during the same period, the situation dramatically changed for exports; as they decreased by 31.98% and 21.33% in value and volume respectively. Consequently, for the same
National Bank of Rwanda Page 22
Quarterly Bulletin………………………………………………..………..June, 2009 months, the imports/exports coverage ratio worsened from 25.34% in the first half of 2008 to 13.59% in the first half of 2009. Table 4: Trade Balance, January- June 2008-January– June 2009 (Value in millions of USD, volume in tons) Jan– June 2008 Jan–June 2009 % change Volume Value Volume Value Volume Value EXPORTS 64.70 123.02 50.90 83.68 -21.33 -31.98 Coffee 4.92 12.05 4.27 9.50 -13.04 -21.16 Tea 10.92 22.66 10.04 22.95 -8.06 1.28 Tin 2.28 22.26 2.06 12.58 -9.39 -43.49 Coltan 0.57 19.49 0.42 10.00 -26.65 -48.69 Wolfram 0.90 6.83 0.53 3.76 -41.40 -44.95 Hides and Skins 0.95 1.64 0.50 0.81 -47.14 -50.61 Pyrethrum 0.00 0.38 0.00 0.34 -45.15 -10.53 Others 36.55 18.26 30.55 10.69 -16.42 -41.46 Re-exports 7.61 19.45 2.53 13.05 -66.82 -32.90 IMPORTS 388.08 485.38 461.62 615.91 18.95 26.89 CONSUMER GOODS 118.60 118.67 163.16 175.75 37.57 48.10 Of which : - foodstuffs 82.60 38.39 123.48 60.45 49.48 57.46 - Pharmaceutical products 0.92 20.92 1.47 40.99 60.22 95.94 CAPITAL GOODS 16.98 160.79 21.76 210.99 28.15 31.22 Of which: -transport materials 5.19 26.97 5.15 31.28 -0.67 15.98 - machinery, devices and tools 8.32 110.24 10.14 141.90 21.82 28.72 INTERMEDIATE GOODS 160.37 132.90 181.79 167.10 13.36 25.73 Of which: -construction materials 106.53 59.48 105.94 69.97 -0.56 17.64 - Industrial materials 46.85 59.40 56.58 70.04 20.78 17.91 - Fertilizers 1.82 1.27 13.73 11.09 652.96 773.23 ENERGY AND LUBRICANTS 92.13 73.02 94.91 62.08 3.02 -14.98 Of which fuel 88.99 69.04 90.63 55.66 1.84 -19.38 TRADE BALANCE (exports less imports) 362.36 -532.23 Cover rate of imports/ exports, % 25.34% 13.59% Source: BNR, Statistics Department
A. Exports Rwanda exports remained dominated by traditional export products such as coffee, tea and minerals, constituting more than 70% of total export earnings in the first half of 2009. The value of major mineral exports was USD 26.34 millions representing 31.5% of total export earnings, while coffee and tea amounted USD 32.45 millions, which represent 38.8% of total export earnings. Coffee exports performed poorly, decreasing by 21.2% in value and 13.1% in volume while tea performed better in value with a growth rate of 1.3% despite a decline in volume by 8.1% compared to the first half of 2008. Exports of the mining sector also show poor performance. The volume of exported tin decreased by 9.4% while its value fell by 43.5% due to declining international prices, from an average of 9.77 USD/kg during the first half of the last year to 6.10 USD/Kg in the first half of 2009. For the same period, coltan exports also decreased in both value and volume respectively by 48.7% and 26.7% due to international prices which declined from an average of 34 USD/kg in the first half of 2008 to 23.9 USD/kg in the first half of 2009. For the wolfram and other minerals a sharp decline of their exports was recorded
National Bank of Rwanda Page 23
Quarterly Bulletin………………………………………………..………..June, 2009 both in volume and value. The same downward trend is observed in non traditional Rwandan exports like hides and skins as well as flowers and other exports.
B. Imports Dominated by machinery, devices and tools, capital goods came at the first position with a share of 34.3% of the total value imports, followed by final consumer goods (28.5%), and intermediate goods (27.1%) that constitute construction materials, industrial materials and fertilizers, while energy and lubricants took the least share (10.1%). Most of devices were imported to equip Government hospitals, while imports of machines like computers in large quantities, were boosted by the Government Policy to build an ICT based economy. The sharp increase in both value and volume in fertilizers with respective growth rates of 773.23% and 652.96% is mainly due to the Government policy aiming at the increase of agricultural production, so that fertilizers are abundantly imported and distributed to farmers on subsidized prices. The imports of final Consumer goods reached USD 175.75 millions and this category of goods remained dominated by foodstuffs and pharmaceutical products. While the value of imported pharmaceutical products increased strongly (+95.94%), their volume also highly increased by 60.22%. The recorded increase in value of imported foodstuff was also high (+57.46%) and was due to the increase in prices since last year especially fish and milk products. Also sugar and cereals which account a big proportion of the imported food products have reduced in quantity leading to high prices. Imports of energy and lubricants, of which fuel accounts for almost 90%, decreased by 14.98% in value while increasing by 3.02% in volume. This decrease in value reflects the fall in international oil prices. Thus, the imported fuel during the first half of 2009 decreased by 19.38% in value, while increasing by 1.84% in volume terms. Globally trade balance deficit continues to deteriorate, from USD 362.4 millions in the first half of 2008 to a high level of USD 532.2 millions in the first half of 2009.
National Bank of Rwanda Page 24
Quarterly Bulletin………………………………………………..………..June, 2009 II.4 INFLATION Contrary to the prevailing situation in the year 2008 (particularly in the first three quarters) marked by high inflationary pressures, Rwanda is currently experiencing relatively low inflation. From 22.3% in December 2008, the annual headline inflation fell to 17.1% in March and 10.1% in June 2009. With such trend, there is no doubt that the objective of containing inflation in a single digit figure will be achieved in the second half of 2009. This price stability during the first half of 2009 is attributed to the good performance of food production and the fall in international prices of fuel and other imported products.
Table 5: Inflation (% change in CPI, base 2003:100)
Groups All Products and Services Food and non-alcoholic beverages Bread and cereals
1
Annual inflation 2008 2009 Dec. Mar June 22.3 17.1 10.07
Jan 0.4
Feb 1.6
3 709
30.9
28.1
13.33
0.0
2.6
1.3
-1.6
-1.6
625
43.7
37.1
17.22
1.2
0.7
-1.0
-2.9
0.2
0.15
345
51.9
43.2
22.45
0.2
1.3
-0.1
-2.0
1.2
-1.48
114
36.3
27.6
14.44
-2.0
1.3
4.3
-0.2
2.8
0.36
1 332
17.8
23.5
11.54
1.1
4.9
1.5
-0.1
-3.5
-0.85
Weights 10 000
Meat Fish Vegetables
Monthly inflation 2009 Mar Apr May 1.2 -0.1 -1.0
June -0.28 0.06
Non-alcoholic beverages
180
20.4
22.5
17.32
0.0
1.8
2.7
0.4
-2.3
0.12
Alcoholic beverages and tobacco
221
35.5
25.6
23.59
0.2
0.2
2.8
0.0
-0.1
0.22
3
Clothing and footwear
500
4.9
3.5
1.09
0.2
0.7
0.1
0.0
-1.8
0.34
4
Housing, water, electricity, gas and other fuels
1 579
21.4
9.8
9.72
0.5
0.2
1.0
1.5
-1.4
-1.02
5
Furnishing, household equipment and routine household maintenance
764
24.4
15.5
7.66
0.3
0.4
2.0
0.7
-0.5
-1.25
6
Health
708
12.3
12.9
4.52
-3.1
1.2
3.2
-0.9
-0.1
-0.38
7
Transport
987
12.2
3
2.74
0.3
-0.1
0.7
3.6
0.0
0.14
8
Communication
37
-14.3
-1.3
-0.75
0.0
-1.2
0.9
0.0
-0.1
-0.14
9
Recreation and culture
206
2.5
6
8.15
0.8
1.5
0.4
0.7
1.2
0.52
10
Education
432
14.2
17.6
19.52
9.5
7.2
0.5
0.5
0.5
0.48
11
Restaurants and hotels
273
25.1
21.1
12.91
0.8
0.0
0.8
1.8
-0.3
0.27
12
Miscellaneous goods and services
584
7.9
5.3
2.85
-0.1
1.9
-0.7
0.5
-0.2
-0.83
M a r-0 9
J u n 0 9
2
Source: BNR, Statistics Department
Fig 23: Overall and underlying inflation (in %) Annual changes (Comparison with the same month of the previous year) 29% 27% 25% 23%
A n n u a lp e r c e n ta g e c h a n g e
21% 19% 17% 15% 13% 11% 9% 7% 5% 3% 1%
M a y -0 9
A p r0 9
J a n 0 9
F e b -0 9
D e c 0 8
N o v 0 8
O c t-0 8
S e p -0 8
A u g -0 8
General index (CPI)
J u l-0 8
M a y -0 8
J u n 0 8
A p r0 8
M a r-0 8
J a n 0 8
Agreed IMF target
F e b -0 8
D e c 0 7
N o v 0 7
O c t-0 7
S e p -0 7
Core Index
A u g -0 7
J u l-0 7
M a y -0 7
J u n 0 7
A p r0 7
M a r-0 7
J a n 0 7
F e b -0 7
D e c 0 6
N o v 0 6
O c t-0 6
S e p -0 6
A u g -0 6
J u l-0 6
M a y -0 6
J u n 0 6
A p r0 6
M a r-0 6
J a n 0 6
F e b -0 6
-1%
Source: National Institute of Statistics of Rwanda (NISR)
National Bank of Rwanda Page 25
Quarterly Bulletin………………………………………………..………..June, 2009 The 'local goods index' slightly declined by 6.28 percentage point from 17.77% in March to 11.49% in June on annual change, while prices of the imported goods fell by 9.39 percentage points from 15.59% in March to 6.20% in June on annual change. Table 6: Inflation by origin and category (Change in CPI, base 2003:100) Annual inflation Categories
Weights
2008
Monthly inflation
2009
2009
Dec.
Mar
June
Jan
Feb
Mar
Apr
May
June
Overall inflation
10 000
22.3
17.1
10.1
0.4
1.6
1.2
-0.04
-1.04
-0.28
Local Goods
6 956
22.9
17.8
11.5
0.2
1.6
1.8
-0.06
-1.36
-0.34
1. Food and non-alcoholic beverages
2 627
29.8
30.3
14.9
0.0
3.4
1.5
-2.19
-1.92
-0.22
1 501
21.3
9.3
10.5
0.5
-0.3
1.7
1.64
-1.46
-1.08
2. Housing, water, electricity, gas and other fuels 3.Transport Imported Goods 1. Food and non-alcoholic beverages 2. Furnishing. household equipments
698
10.9
-1.7
3.8
-0.2
0.1
0.5
5.6
0.04
0.08
3 044
21.6
15.6
6.2
0.2
1.0
0.6
-0.26
-0.57
0.29
1 082
36.1
22.4
9.2
-0.5
1.0
0.6
-0.24
-0.87
0.85
533
11.2
11.0
5.6
-1.0
1.7
0.9
0.29
-0.6
-0.72
289
14.8
12.4
0.6
1.0
-1.3
2.2
0.12
-0.06
0.23
Kigali City
7 679
21.3
15.1
9.0
0.4
1.3
1.1
0.05
-1.27
-0.19
Other Provinces
2 321
25.8
23.3
13.1
0.5
2.5
1
-0.44
-0.33
-0.57
Fresh Food Products
2 186
25.2
29.7
14.5
1.6
3.3
2.3
-1.96
-2.94
-0.71
761
19
4.1
8.5
0.0
-1.5
3.8
1.9
-1.85
-1.40
7 053
22.1
16.3
9.5
0.2
1.2
0.7
0.31
-0.29
0.09
3. Transport
Energy Underlying inflation
Source: BNR, Statistics Department
The underlying inflation, on annual change fell to 9.5% in June 2009 from 22.1% in December 2008. On monthly basis, during the first half of 2009, the cumulative underlying inflation was 2.2%.
National Bank of Rwanda Page 26
Quarterly Bulletin………………………………………………..………..June, 2009 III. MONETARY DEVELOPMENTS The monetary sector during this first semester of 2009 is characterized by declining money supply as evidenced by the downturning both foreing and domestic assets. This situation is explained by a number of factors, mainly the slowdown of banking sector credits distribution due to the recent liquidity crunch, as well as the delay in budget support disbursement recorded in the first quarter. However, in April, 2009, further to the disbursement of the World Bank, the situation improved and the Broad Money evolved in the increase from RWF 432. billion in March 2009 to RWF 438.6 billion in April, before a slight decrease to RWF 435.9 billion RWF in May 2009. In June 2009, due to recorded external budgetary support disbursments, Broad Money increased by 1.89% to reach 443.6 billion. However, dispite these disbursments, between December 2008 and June 2009, Broad Money decreased by 4.9% due to the fall in both Net Foreign Assets and Net Domestic Assets . Table 7: Monetary aggregates by end of period (in billions of RWF) 2009 Agregates Net foreign assets
% change
Dec 08
Jan
Feb
March
April
May
June
June09/dec08
403.8
381.5
371.4
348.7
383.0
364.3
389.4
-3.6
Net domestic assets
62.6
57.2
56.3
84.2
59.8
71.7
54.1
-13.6
Of which: Net Credit to Government
-142
-144.2
-142.2
-119.5
-144.4
-127.2
-131.1
-7.7
Credit to Private Sector
340.4
336.4
338.9
339.4
340.6
339.2
329.4
-3.2
466.4
438.7
427.7
432.9
442.7
435.9
443.6
-4.9
80.9
72
69.1
66.3
68.1
67.7
72.2
-10.8
Deposits
385.5
366.8
358.7
366.6
374.6
368.2
371.4
-3.7
of which: Transferable deposit
144.8
143.6
133.1
132.8
167.9
161.2
166.4
14.9
Nontransferable deposits
158.4
145.9
145.9
151.9
123.5
121.6
119.5
-24.6
Foreign currency deposits
82.3
77.3
79.6
81.9
83.26
85.4
85.5
3.9
Broad Money (M3) Currency in circulation
Source: BNR, Statistics Department
National Bank of Rwanda Page 27
Quarterly Bulletin………………………………………………..………..June, 2009 III.1 MONEY SUPPLY 1. Net Foreign Assets The Net Foreign Assets rose between March and June 2009 due to the important disbursements in the budget support of USD 78.79 millions recorded in April, as well as EUR 11 million and USD 34.3 million recorded in June. It is important to underline the low level of the foreign flows registered from January 2009, comparatively to the situation in 2008 and even in the last five years when the Government registered a big aid scaling up. While donors committed to maintain their aid program to Rwanda despite the current global financial crisis, the big delay recorded in budget support disbursements is probably due to the unstable international financial environnement. Concerning the spending, set apart the transfers of banks, other foreign expenses were essentially of the Government for purchase of fertilizers.
Fig 24: Net Foreign assets trend (in billions of RWF) Evolution of Net foreign assets in 2009 410 400 390 380 370 360 350 340 330 320 Dec 08
Jan 09
Feb 09
March 09
April 09
May 09
Jun 09
Source: BNR, Statistics Department
National Bank of Rwanda Page 28
Quarterly Bulletin………………………………………………..………..June, 2009 2. Net Credit to the Government The Net Credit to the Government evolved in the opposite sense of the Net Foreign Assets (NFA). When the NFA fell from January, 2009, the government net increased and its current account at the central bank evolved in the overdraft. But when there was the budget support disbursement in April, 2009, the situation immediately overturned, the Net credit to Government having decreased. 3. Credit to the Private Sector During the first half of 2009, the new loans authorized by the banking system to the private sector compared to the same period of 2008 fell by 24.02%, following a strong increase of 41.5% and 8.1% in corresponding periods respectively in 2008 and 2007. The most underfinanced activities are leasing, mortgage industry, agriculture seasonal campaign, treasury needs for companies. etc…
Table 8: New loans authorized by banks to Private sector during the first half of the Year (in RWF Billions) Categories of credits
2006
2007
2008
Treasury loans 18.97 23.25 34.57 Seasonal Campaign 10.68 7.16 9.63 Consumer loans 2.11 3.49 5.56 Vehicle 1.95 3.28 4.77 Mortgage 7.23 6.89 10.59 Leasing 1.20 2.83 4.97 Investment 14.22 11.74 13.88 Other categories 5.36 8.08 10.42 Total 61.71 66.72 94.38 Source: BNR, Credit Reference Bureau, Financial Stability Directorate
2009 29.58 5.90 3.79 4.05 6.12 1.96 14.50 5.81 71.71
2007/06 22.58 -32.98 65.44 68.27 -4.63 136.21 -17.46 50.81 8.12
% change 2008/07 48.66 34.59 59.38 45.23 53.54 75.21 18.30 28.98 41.45
2009/08 -14.43 -38.69 -31.76 -15.02 -42.23 -60.51 4.41 -44.21 -24.02
III.2 MONEY DEMAND On the demand side, deposits in the banking system consistently declined during the first half of 2009, by 3.7% compared to end December 2008. Nevertheless, the second quarter of 2009 has been characterized by an upward trend, that is an increase of 1.3%. This situation is explained by an increase in demand (transferable) deposits (+25.3%) and foreign currency deposits (+4.4%), while time deposits (nontransferable) significantly declined by 21.3%.
National Bank of Rwanda Page 29
Quarterly Bulletin………………………………………………..………..June, 2009 Table 9: Evolution of deposits and currency in circulation (in RWF billions)
2008
Change June/March, 2009
2009
Dec.
Jan
Feb
Mar
Apr
May
June
Amount
In %
Currency in circulation
80.9
72
69
66.3
68.1
67.7
72.2
5.9
8.9
Total deposits
385.5
366.8
358.9
366.6
374.66
368.2
371.4
4.8
1.3
Transferable deposits
144.8
143.6
133.2
132.8
167.9
161.2
166.4
33.6
25.3
Non transferable deposits
158.4
145.9
145.9
151.9
123.5
121.6
119.5
-32.4
-21.3
Foreign currency deposits
82.3
77.3
79.8
81.9
83.26
85.4
85.5
3.6
4.4
Source: BNR, Statistics Department
By end June 2009, currency in circulation declined by 10.8% compared to end December 2008. Indeed, at the beginning of each year, this is a normal situation, following Christmas and New-Year festivities, but this time, it persisted during the first five months, due to liquidity crunch. In June, however, there was an increase of 4.5 billion RWF driven by the smoothly starting coffee campaign. III.3 LIQUIDITY MANAGEMENT III.3.1 Recent liquidity crunch Since 2004 to second quarter of 2008, Rwanda banking sector has consistently experienced an important excess of liquidity as a result of an increase in public spending, especially owing to increases in aid inflows. During the above mentioned period, the Central Bank monetary policy was mainly focused on managing the excess liquidity which was quite permanent in the banking system. However, following a strong credit distribution in 2007 and 2008 at a time when deposits growth was slowing down for many reasons, a deposit-credit mismatch was observed since June 2008 and the banking liquidity declined since then in such a way that in January 2009, NBR was obliged to inject liquidity in the system for the first time since 2004. To help banks to cope with the liquidity crunch, the Central Bank and the Government have undertaken important measures in order to avoid risks of systemic crisis and rebuild the confidence in the domestic banking system.
National Bank of Rwanda Page 30
Quarterly Bulletin………………………………………………..………..June, 2009 III.3.2 Policy responses 1. Measures to address short term liquidity In February 2009, NBR reduced the required reserve ratio from 8 to 5%. In addition, it was decided not to roll over the short term Treasury bills maturing in 2009. As result, the short term liquidity in the banking system was rebuilt progressively from negative numbers in January 2009 to 31.7 billion at end June 2009. 2. Measures to address long term liquidity During first quarter of 2009, NBR introduced medium and long term refinancing facility to allow banking system to borrow liquidity from Central Bank for 3-12 months to address the problem of long term resources. So far, only two requests worth of RWF 2.072 billion were presented and refinanced against Treasury Bonds as collaterals. Recently, the Government and the Central Bank introduced a long term (5 years) deposit facility as an additional measure to enhance long term liquidity in the banking system to facilitate banks increasing long term lending to the economy. III.3.3 Interest rates developments As a result of shortage of long term liquidity in the banking system, both deposits and lending rates increased during this year 2009, fluctuating respectively around 11.0% and 16.9% by June, against 6.0% and 16.2% at the same month last year. Table 10: Interest rates developments (in %) Categories Deposit rate Lending rate Money market rate Repo Rate Reverse Repo Discount rate Interbank rate Weight average rate on Tbill market
March 5.69 15.63
2008 June Sept 6.05 6.40 16.20 16.55
2009 Dec. 6.72 16.51
Jan 7.41 16.33
Feb 8.09 16.18
Mar 9.02 15.74
Apr 10.10 16.81
May 10.19 16.64
June 10.99 16.89
6.50 9.15
5.29 7.49
2.49 4.95
4.64 5.47
5.50 6.94
-
-
7.69
9.72
10.09
-
-
6.55
6.56
12.5 8.00
12.5 6.62
11.25 6.97
11.25 7.69
7.28 11.05 12.87 8.67
6.22
6.5
7.02
7.72
-
Source: BNR, Financial Market Department
National Bank of Rwanda Page 31
Quarterly Bulletin………………………………………………..………..June, 2009 IV. EXCHANGE RATE AND FOREX MARKET ______________________________________________________________________________ IV.1 RWF EXCHANGE RATE DEVELOPMENTS The second quarter 2009 recorded quite stable Rwandese franc against the US dollar, registering a moderate depreciation of 2.34% from December 2008 to June 2009. However,
the national currency was marked by frequent fluctuations, but with a
general tendency of much more depreciation against GBP and Euro compared to USD. Indeed, between December 2008 and June 2009, the RWF depreciated by 7.02% and 12.03% against respectively Euro and GBP.
Table 11: The Evolution of Average Exchange rate of RWF against USD, EUR and GBP Period Jan Feb Mar Apr May Jun 2008 Jul Aug Sep Oct Nov Dec Jan Feb Mar 2009 April May June Source: BNR, International Operations Department
USD/RWF 543.84 543.59 544.25 543.92 543.08 543.06 544.37 547.50 549.54 551.35 552.73 554.96 564.02 567.02 568.38 568.50 567.21 567.97
EUR/RWF 800.29 800.81 843.66 857.98 845.05 843.87 859.64 822.49 786.41 737.89 704.27 743.87 751.33 726.10 739.78 749.47 771.82 796.07
GBP/RWF 1071.68 1066.91 1089.83 1077.74 1067.36 1066.08 1083.03 1038.83 978.63 937.42 850.86 828.35 818.25 817.80 806.09 833.80 872.06 928.03
It is worth to notice that this development in RWF exchange rate characterized by higher depreciation against GBP and Euro could boost the Rwandan tradable goods which are mainly exported to Euro Zone and England, while the relatively stable RWF against USD stimulates Rwandan imports which are mainly from Emirates and China, where the USD remains the most used currency in international trade.
National Bank of Rwanda Page 32
Quarterly Bulletin………………………………………………..………..June, 2009 Fig. 25: Evolution- Exchange rate of RWF against major international currencies 573
1 100 568
1 000 563
900 558
800
553 548
700
543
600
538
500
FRW/USD
FRW/GBP
FRW/EURO
Source: BNR, Financial Markets Department
IV.2 FOREIGN EXCHANGE MARKET OPERATIONS During the first half of 2009 in comparison with the same period of 2008, the NBR forex revenue dropped from USD 473.81 million to USD 365.47 million by June 2009 due to the delay in external budget support disbursements. On expenditure side, foreign exchange sales by the NBR to its clients decreased during the first semester of 2009, following a slowdown demand for forex, as one of the consequences of prevailed liquidity crunch in the banking system. However, the Government spending in forex significantly increased, from USD 80.47 to 117.73 million, explained by important imports of fertilizers and equipments for public infrastructure (hospitals and schools). Table 12: NBR’s Forex Revenue and Expenditure (in millions of USD)
Revenue Of which: Budget support Government projects Expenditure Of which: Government spending Non bank clients Sales to commercial banks Balance Source: BNR, Financial Markets Department
January- June 2008 2009 473.8 365.5 249.1 178.5 64.3 61.4 373.5 395.0 80.5 117.7 54.3 49.9 154.3 124.7 100.3 -29.5
Annual Change Amount % -108.3 -22.9 -70.6 -28.4 -2.9 -4.5 21.5 5.8 37.3 46.3 -4.4 -8.1 -29.5 -19.2 -129.8 -129.4
Regarding commercial banks, the forex revenue also declined (-12.75%) during the first half of 2009 compared to the same period of 2008, due likely to the global financial crisis. The spending also significantly declined (-12.02%) attributed mostly to fall in sales to forex bureaus (-41.75%) and paid private transfers (-31.72%). This trend explains largely the moderate (2.84%) increase of forex sales for imports of goods impacted by
National Bank of Rwanda Page 33
Quarterly Bulletin………………………………………………..………..June, 2009 the fall in international prices and the low domestic demand. However, the sales for received services (import of services) increased much more significantly by 8.2%. Table 13: Commercial Banks’ Forex Revenue and Expenditure (in millions of USD)
Resources Exports receipts Receipts on services Private transfers received Purchases forex from NBR Expenditure Imports of goods Imports of services Private transfers paid Sales to Forex Bureaus Balance Source:BNR, Financial Markets Department
January-June 2008 2009 1037.4 905.1 79.0 86.6 111.3 104.8 692.8 589.6 154.3 124.0 1007.1 886.0 431.4 443.7 157.0 169.8 285.2 194.7 133.5 77.8 30.3 19.1
Annual Change Amount % change -132.3 -12.8 7.6 9.7 -6.5 -5.8 -103.2 -14.9 -30.2 -19.6 -121.1 -12.0 12.3 2.8 12.8 8.2 -90.5 -31.7 -55.7 -41.8 -11.2 -37.0
National Bank of Rwanda Page 34
Quarterly Bulletin………………………………………………..………..June, 2009 V. PUBLIC FINANCE During the first half of 2009, Government revenues and grants were boosted to over the level of the same period of 2008 but still below the end June 2009 target. However, total expenditures were quite at the projected level, following a strong increase as compared to the first semester 2008. In terms of overall deficit before and after grants, the first semester of last year has been more performing than the first half of the current year 2009. Table 14: Operations of the Central Government (in billions of RWF)
2008 Actual
Q1
First semester 2009 Actual Target Q2 Total
Deviation from the target Amount
%
Revenue and grants
318.8
124.6
204.1
328.7
363.6
-34.9
-9.6
Total revenue Tax revenue Non-tax revenue Total Grants Budgetary grants Capital grants
161.6 150.9 10.8 157.2 122.3 34.9
94.1 91.1 2.9 30.5 11.4 19.1
99.5 92.3 7.2 104.5 92.2 12.4
193.6 183.4 10.1 135.0 103.6 31.5
193.0 176.0 17.0 170.6 115.2 55.4
0.6 7.4 -6.9 -35.6 -11.6 -23.9
0.3 4.2 -40.6 -20.9 -10.1 -43.1
Total expenditure and net
270.7
185.1
166.8
351.9
349.8
2.1
0.6
Current expenditure Capital expenditure Net lending Overall deficit (payment order) Including grants Excluding grants Change in arrears (net reduction-) Domestic External
173.9 96.1 0.7
109.3 70.3 5.5
97.6 64.7 4.5
206.9 135.0 10.0
206.5 103.0 3.4
0.4 32.0 6.6
0.2 31.1 194.1
48.1 -109.0 -4.0 -4.0 0.0
-60.5 -91 -2 -2 0
37.3 -67.3 -2.9 -2.9 0
-23.2 -158.3 -4.9 -4.9 0.0
13.8 -156.8 -3.3 -3.3 0.0
-37.0 -1.5 -1.6 -1.6 0.0
-268.1 1.0 48.5 48.5 -
Deficit (cash basis)
44.1
-62.5
34.3
-28.2
10.5
-38.7
-368.6
Financing Foreign financing (net) Domestic financing Banking system (monetary survey) Non bank (Net)
-44.1 18.1 -62.2 -59.3 -2.9
62.5 15.7 46.8 49.1 -2.3
-34.3 18.4 -15.1 -47.6 -5.1
28.2 34.1 31.7 1.5 -7.4
-10.5 13.7 -25.0 -20.1 -4.9
38.7 20.4 56.7 21.6 -2.5
-368.6 148.9 -226.8 -107.5 51.0
Non Bank Sector Debt Repayment (Net)
-11.0
0
-5.6
-5.6
-5.6
-
0.0
0
0
0.0
0.0
-
Errors and Omissions/financing gap Source: Minecofin
0.0
National Bank of Rwanda Page 35
Quarterly Bulletin………………………………………………..………..June, 2009 V.1 REVENUES AND EXPENDITURES
1.
Revenues
Government revenues mainly composed of tax revenues and non tax revenues continued to perform well in the second quarter. This reflects, among other things, improvements in Rwanda Revenue Authority administrative reforms: computerization of tax collection, advanced capacity building, among others. Nevertheless,
when comparing with the
target by end June, one could mention that Government revenues are still significantly below the target (-9.6%) due to delay in grants disbursments. Total tax collections at the end June 2009 amounted RWF 183.4 billions against RWF 150.9 billions during the first half of the year 2008, that is an increase of 22%. This situation is explained by evolution of direct taxes. Pay as you earn (PAYE) collections significantly improved reflecting higher increase in incomes, an expansion of employment in the country as well as the continued payment of bonuses by the private sector. In addition to that, Rwanda Revenue Authority succeeded in collecting arrears from some large companies. Also, excise duties contributed significantly to tax revenues (47% on average). Table 15: Revenues (in billions of RWF) 2008
Revenue and grants Total revenue Tax revenue Direct taxes Taxes on goods and services Taxes on international trade Non-tax revenue of which ID receipts+Driving licence fees Total Grants Budgetary grants of which HIPC initiative assistance Capital grants Projects grants Source: Minecofin
First semester 2009 Actual Q2 Total Target
Deviation from the target
Actual
Q1
Amount
%
318.8
124.6
204.1
328.7
363.6
-34.9
-9.6
161.6 150.9 60.6 71.4 18.6 10.8 0.6 157.2 122.3 1.8 34.9 34.9
94.1 91.1 31.4 46.2 13.5 2.9 0.6 30.5 11.4 0.0 19.1 19.1
99.5 92.3 36.4 42.8 13.1 7.2 0.1 104.5 92.2 2.1 12.4 12.4
193.6 183.4 67.9 89.0 26.6 10.1 0.7 135 103.6 2.1 31.5 31.5
193 176.0 65.0 87.2 23.8 17 1.5 170.6 115.2 1.9 55.4 55.4
0.6 7.4 2.9 1.8 2.8 -6.9 -0.8 -35.6 -11.6 0.2 -23.9 -23.9
0.3 4.2 4.4 2.0 11.8 -40.6 -53.3 -20.9 -10.1 10.5 -43.1 -43.1
Taxes on international trade also performed well during the first half of the year 2009. However, declining trends have been observed throughout the second quarter when taken into consideration the level of 2008 and when considering projections for the first semester 2009. This decline is as a result of a shift in origin, whith more imports now coming from the Comesa free trade area. This downward trend is expected to continue as EAC customs union came into force on 1st July 2009.
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Quarterly Bulletin………………………………………………..………..June, 2009 Regarding the non tax revenues, they also performed well mainly due to the receipts from ID cards, driving licenses, NBR dividends, fertilizers reimbursement by farmers and license fees for telecommunication compagnies.
Finaly, in the first semester 2009, grants amounted RWF 135.0 billions, while RWF 170.6 billions were targeted. Budgetary grants represented a big proportion (88%) than capital grants (12%) but they were not disbursed as programmed. An important delay was observed during the first quarter.
2. Expenditure Total expenditure and net lending amounted RWF 351.9 billions at the end of June 2009. A close level to RWF 349.8 billions projected for the first half of the year. However, current expenditures decreased from RWF 109.3 in the first quarter to 97.6 billions in the second quarter. This is due to downward trends in transfers and exceptional social expenditures. On the category of wages and salaries, there was a quite stability during the review period. The category of purchases of goods and services represents a big portion (about 33% on average) of current expenditure. This category of expenditures has been decreasing over the second quarter. Regarding interest payments, one could mention that this category has been increasing in the review period due to paid internal interests, although external interests’ payments also increased as well. Transfers and exceptional social expenditure declined sharply especially in June where they amounted RWF 4.9 and 0.4 billions respectively. Table 16: Expenditure (in billions of RWF) 2008
Total expenditure and net lending Current expenditure Wages and salaries Purchases of goods and services Interests payments Transfers Exceptional social expenditure Capital expenditure Domestic Foreign Net lending Source: Minecofin
Actual 270.7 173.9 40.1 35.1 5.9 64.2 28.7 96.1 45.6 50.5 0.7
Q1 185.1 109.3 22.9 27.4 1.8 42.0 15.2 70.3 34.7 35.6 5.5
First semester 2009 Actual Q2 Total Target 166.8 351.9 349.8 97.6 206.9 206.5 23.6 46.5 48.7 30.5 57.9 50.5 2.9 4.7 5.6 33.4 75.4 78.4 7.2 22.4 23.3 64.7 135 103 31.3 66 67.3 33.3 68.9 72.6 4.5 10 3.4
Deviation from the target Amount 2.1 0.4 -2.2 7.4 -0.9 -3.0 -0.9 32 -1.3 -3.7 6.6
National Bank of Rwanda Page 37
% 0.6 0.2 -4.5 14.7 -16.1 -3.8 -3.9 31.1 -1.9 -5.1 194.1
Quarterly Bulletin………………………………………………..………..June, 2009 Regarding the Capital expenditures, domestically financed expenditures have been declining and achieved 31.3 billion RWF from 34.7 RWF in the first quarter and the target was fixed at RWF 66 billions. Foreign capital expenditure amounted 33.3 billion RWF against 35.6 billion RWF in the first quarter, while the target was projected at RWF 68.9 billions.
3. Deficits and Financing Following the Government decision to maintained the budget spending as programmed, despite the budget support disbursements delay, the current budget deficit has been deteriorating over the first half of the year 2009. Comparing the level of the current deficit by end June 2009 to the same period of 2008, it has been quite stable, but significantly below the target set for the first half of 2009. Table 17: Current expenditure (in billions of RWF) First semester 2009
2008
Tax revenue Current expenditure Current deficit Source: Minecofin
Actual 150.9 173.9 -23.0
Q1 91.1 109.3 -18.2
Actual Q2 92.3 97.6 -5.3
Total 183.4 206.9 -23.5
Deviation from the target
Target 176.0 206.5 -30.5
Amount 7.4 0.4 7.0
% 4.2 0.2 -23.0
By end June 2009 compared to the same period of 2008, the overall budget deficit deteriorated due to the delay of external budgetary support. Including grants, the balance passed from a surplus situation of RWF 48.1 billion, to a deficit of RWF 23.2 billion, while a surplus of 13.8 billions was targeted. Excluding grants, the chronic deficit sharply deteriorated, from RWF 109.1 to 158.3billion, close to RWF 156.8 billion initially set as target. Table 18: Overall deficit (in billions of RWF)
Actual 318.8 161.6 270.7
Q1 124.6 94.1 185.1
First semester 2009 Actual Q2 Total Target 204.1 328.7 363.6 99.5 193.6 193.0 166.8 351.9 349.8
48.1 -109.1
-60.5 -91.0
37.3 -67.3
2008
Revenue and grants Total Revenue Total expenditure and net lending Overall deficit (payment order) Including grants Excluding grants Source: Minecofin
-23.2 -158.3
13.8 -156.8
Deviation from the target Amount -34.9 0.6 2.1
% -9.6 0.3 0.6
-37.0 -1.5
-268.1 1.0
National Bank of Rwanda Page 38
Quarterly Bulletin………………………………………………..………..June, 2009 It is important to note that due to the combination of a number of factors (reduction of current expenditure, the increase in capital expenditure and a substantial external budgetary support), the overall budget deficit achieved in June a surplus of 30.0 billion RWF.
4. Financing of the deficit Foreign financing of the deficit has been more important than domestic financing. The net foreign financing increased from RWF 18.1 to 34.1 billions between the first half of 2008 and the first half of 2009. The target was set at RWF 13.7 billion. Due to the unsaficient external financing, the Government domestic financing significantly increased during the first quarter of to reach RWF 46.81 billion, resulting from the a decrease by RWF 49 billions in its deposits with the banking system and a reimbursement of RWF 2.3 billion de to non bank institutions. Regarding the domestic financing, from a situation of a net lender (RWF -59.3 billion) to the baking system by end June 2008, Government became a net borrower at the end of the first half of 2009 (RWF +1.48 billion), against a target of RWF -20.1 billions.
Table 19: Deficit financing (in billions of RWF) 2008 Actual Financing Foreign financing (net) Drawings Budgetary loans Project loans Amortization (paid) Domestic financing Banking system (monetary survey) Non Banking system Non bank (Net) Non Bank Sector Debt Repayment (Net) Source: Minecofin
Q1
First semester 2009 Actual Target Q2 Total
Deviation from the Amount
%
-44.1 18.1 20.8 5.2 15.6 -2.7 -62.2 -59.3 2.9 8.1
62.5 15.7 16.4 0.0 16.4 -0.8 46.8 49.1 -2.3 -2.3
-34.3 18.4 21.0 0.0 21.0 -2.6 -52.8 -47.6 -5.1 0.5
28.2 34.1 37.4 0.0 37.4 -3.3 -5.9 1.5 -7.4 -1.8
-10.5 13.7 17.2 0.0 17.2 -3.5 -25.0 -20.1 -4.9 -4.9
-38.7 -20.4 -20.2 0.0 -20.2 -0.2 -19.1 -21.6 2.5 -3.1
-137.3 -59.8 -54.0 -54.0 5.7 321.6 -1458.1 -33.9 172.2
-11.0
0.0
-5.6
-5.6
0.0
5.6
-100.0
National Bank of Rwanda Page 39
Quarterly Bulletin………………………………………………..………..June, 2009 V.2
DOMESTIC DEBT
In June 2009, Government domestic debt was RWF 11.6 billion down from RWF 153.7 billion RWF in December 2008. This was 8% reduction in the domestic debt stock during the period from December 2008 to June 2009. For the same period, the National Bank of Rwanda debt was RWF 16.2 billion up from RWF 15.6 billion in December 2008 to RWF 31.8 billion in June 2009. This corresponds to an equivalent of 104% increase in the NBR debt. Table 20: Domestic debt (in billions of RWF) Dec-08 Treasury bills (end of period stocks) Banks Non banks Recapitalization of Banks Government Bonds 7 Days operations ( MOP-UP) Repo Old bonds Banks Non banks Old Developments Bonds New Developments Banks Non banks Social Security Fund Other bonds for old arrears Consolidated debt
Mar-09
Apr-09
May-09
Jun-09
Treasury
NBR
Treasury
NBR
Treasury
NBR
Treasury
NBR
Treasury
NBR
9.4 6.6 2.8 1.0 14.3 0.0 0.0 2.3 1.4 1.0 0.3 1.8 1.5 0.3 58.2 21.9 39.7
0.0 0.0 0.0 0.0 0.0 0.0 15.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.2 0.0 0.2 1.0 14.3 0.0 0.0 2.3 1.4 1.0 0.3 1.8 1.5 0.3 58.2 21.9 39.7
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 1.0 14.3 0.0 0.0 2.3 1.4 1.0 0.3 1.8 1.5 0.3 58.2 21.9 39.7
2.0 2.0 0.0 0.0 0.0 0.0 7.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.8 14.3 0.0 0.0 2.3 1.4 1.0 0.3 1.8 1.5 0.3 58.2 21.9 39.4
5.0 4.3 0.7 0.0 0.0 0.0 12.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.5 14.3 0.0 0.0 2.3 1.4 1.0 0.3 1.8 1.5 0.3 57.3 21.9 39.4
6.1 4.9 1.2 0.0 0.0 0.0 25.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 15.6
6.2 145.9 145.9
0.0 0.0
6.2 145.8 154.8
0.0 9.0
6.4 145.4 162.4
0.0 17.0
4.3 142.1 173.9
0.0 31.8
Others accounts receivable (with BPR) 5.4 TOTAL 153.7 GENERAL TOTAL 169.3 Source: BNR, Statistiocs Department
The fall in domestic debt stock this year is mainly explained by outstanding domestic debt obligations, such as the consolidated debt of the National Bank of Rwanda being duly serviced and the fact that government took the decision of not rolling over Treasury bills from early February 2009. In June 2009, Government has fully repaid its debt to the banking system excluding the National Bank of Rwanda. In terms of composition, the largest share of Government domestic debt stock comprised of Social Security Fund of Rwanda debt with 40% on average from December 2008 to June 2009 to total Government domestic debt, followed by the government debt to the National Bank of Rwanda, taking approximately a proportion of 27%. Government domestic debt in terms of old arrears also matters as it represents an important portion in the overall debt stock (15%). Further, throughout the first half of this year, the total domestic debt has been boosted to over the target set initially to RWF 168.4 billion.
National Bank of Rwanda Page 40
Quarterly Bulletin………………………………………………..………..June, 2009 VI. FINANCIAL SECTOR SOUNDNESS VI.1 BANKING SECTOR The soundness of commercial banks was reinforced and all banks have strengthened their activities. The consolidated balance sheet of 8 commercial banks increased by 4.2% from 503.3 billion RWF as at March 2009 to 524.19 billion RWF as at June 2009. At the end of June 2009, the solvency ratio at a consolidated basis increased slightly at 17.7% against 19.1% in March 2009, this improvement is due to the increase of core capital following the increase of net profit from 1.9 billion RWF in March 2009 to 2.3 billion RWF as at June 2009. Non significant improvement was noted in terms of the bank’s loans portfolio quality with a ratio of nonperforming loans (NPL) in total loan portfolio which is stable from 13.9% in March 2009 to 14% in June 2009. As at June 2009, the consolidated net profit after tax was established at RWF 2.3 billion RWF compared to 6.4 billion in June 2008. This deterioration is due to the loss registered by some commercial banks following the deterioration of their assets quality. However, the annualized return on average equity decreased from 21.8 % as at 30 June 2008 to 6.4 % as at 30 June 2009 and the return on assets stood at 0.9% in June 2009 against 2.7% in June 2008. The cost to income ratio deteriorated by increasing from 84% in March 2009 to 90% in June 2009. During the second quarter 2009, in spite of improvement made by some banks, in overall they still have a liquidity squeeze. Funding is now largely from wholesale sources which is expensive. NBR has taken measures to address short term liquidity problem such as the reduction of the required reserve from 8 to 5%, introduction of medium and long term refinancing facility to allow banking system to borrow liquidity from Central Bank for 3-12 months and finally the Government and the Central Bank introduced a long term lending facility in order to increase long term lending to the economy.
National Bank of Rwanda Page 41
Quarterly Bulletin………………………………………………..………..June, 2009 Table 21: financial soundness indicators as at June 2009(in %) Financial soundness indicators 2008 June Capital adequacy Solvency ratio 18 Off balance sheet items/Total qualifying capital 205.9 Insider loans/Core capital 9.3 Large exposure/core capital 67.5
2008 December
2009 March
2009 June
15.9 210.2 16.7 103.1
19.1 182.6 9.2 92.7
17.7 181.5 18.5 90.4
Asset quality NPLs / Gross Loans NPLS net/Net loans Provisions / NPLs Earning Assets / Total Asset Large Exposures / Gross Loans
12 9.8 75.5 80.9 13
12.6 10.5 66.3 81.3 17.4
13.9 10.47 66.9 78.4 18.4
14 7.5 67 77.9 17.2
Profitability and earnings Return on Average Assets Return on Average Equity Net Interest Margin Cost of Deposits Cost to Income Overhead to income
2.7 21.9 8.9 9.3 74 46.7
2.4 18.5 9.5 12.3 78 48.6
1.6 11.8 10.3 13.8 84 52.2
0.9 6.4 10.2 14.5 90 53.4
Liquidity Short term Gap Liquid Assets / Total Deposits Interbank Borrowings / Total Deposits BNR Borrowings / Total Deposits Gross loans/Total deposits
25.5 60.4 5.7 0.1 76.2
21.3 61.1 8.1 0.2 87.8
17.2 65.4 9.3 0.1 88.6
20.7 56.6 9.1 0.1 82.8
Market sensitivity Forex Exposure / Core Capital 55.1 Forex Loans / Forex Deposits 0.5 Forex Assets / Forex Liabilities 105.4 Source: BNR, Supervision of Banks and Forex Bureaus Department
48 0.5 102.5
0.5 0.4 93.5
6.5 0.6 107.7
VI.2 MICROFINANCE SECTOR The Law No 40/2008 of 26/08/2008 establishing the organization of microfinance activities has been adopted and published in the Official Gazette No 13 of 30/03/2009. The implementing regulations of this Law has been signed by the Governor and sent to the services entitled to be published in the Official Gazette. During the first half of the year 2009, 100 Microfinance Institutions managers have been trained in management and governance with the capacity building fund. The training of trainers is ongoing and the perspective of training the Board members is in its implementation phase. This action is performed by AMIR, the Association of Microfinance Institutions in Rwanda which is assisting the Government in monitoring the programmes planned for the microfinance sector.
National Bank of Rwanda Page 42
Quarterly Bulletin………………………………………………..………..June, 2009 Licensing new micro finance units, as well as the offsite and on site inspections are the main ongoing actions in this sector. The activity in the microfinance sector has been consolidating during the first half of 2009 with 10.7% increase in total assets, 8.4% increase in total deposits, 9.2 % increase in total outstanding volume of credit from December 31, 2008 to June 30, 2009. The loan portfolio have deteriorated with an increased delinquency rate moving from 5% at the end of December 2008 to 5.6% at the end of June 2009. The solvency ratio fixed at 27% at the end 2008 remained unchanged at the end of the first half of 2009. Table 22: MFI consolidated financial position (in million of RWF) 31/12/2008
30/06/2009
Change (%)
Assets
60 134
66 597
10.7
Cash and equivalents
10 394
13 824
33
Gross Loans
Item
42 322
46 207
9.2
Non Performent Loans (NPL)
2 121
2 724
28.4
Provisions
1 066
1 498
40.5
Net Loans
41 255
44 709
8.4
5%
5.6%
Deposits
37 832
42 496
8.4
Equity (subsidies icluded)
16 237
18 194
12
27%
27%
-
NPL Rate
Solvency ratio Source: BNR, Supervision of Microfinance institutions Department
National Bank of Rwanda Page 43
Quarterly Bulletin………………………………………………..………..June, 2009
VII. APPENDICES
VII.1 TECHNICAL NOTES ON THE MONETARY STATISTICS The data of the money sector published in this bulletin are established in accordance with methodology of the Monetary and Financial Statistics Manual published in 2000 by the International Monetary International Monetary Fund. Assets and liabilities are presented by types of financial instruments; then a break down of the position of each financial instrument in its principal sectors of the economy is made. The purpose of the monetary statistics is to build the monetary aggregates of the national economy.
DEFINITIONS 1. FINANCIAL INSTRUMENTS
1.1 Financial assets 1.1.1 Monetary Gold: gold held by the central bank as part of official reserves. The gold which does not form part of the official reserves is classified like non-financial asset. 1.1.2 SDR: international reserves assets issued by the IMF and allocated to members to supplement existing official reserves. SDR holdings represent unconditional rights to obtain foreign exchange or other reserve assets from other IMF members. 1.1.3 Currency: notes and coins of a fixed nominal value, issued by the central banks or governments, and having legal tender within the national economy. 1.1.4 Foreign currency: notes and coins issued by non-residents and representing liabilities of central banks or governments in other countries. 1.1.5 Transferable Deposits: include all deposits that are (1) exchangeable on demand at par and without penalties or restrictions and (2) directly usable to make payments by check, draft, giro order, direct credit/debit or other direct payment facility. 1.1.6 Other deposits: comprise all claims other than transferable deposits, which are represented by evidence of the deposits. This is the case for sight deposits that permit immediate cash withdrawals but not of direct thirdparty transfers, savings and fixed-term deposits, non transferable deposits denominated in
National Bank of Rwanda Page 44
Quarterly Bulletin………………………………………………..………..June, 2009 foreign currency, shares or the similar titles issued financial corporations, shares of moneymarket mutual funds that have restrictions on transferability. 1.1.7 Securities other than shares: negotiable instruments serving as evidence that units have obligations to settle by means of providing cash, a financial instrument or some other item of economic value. Some common types of securities are government treasury bills, the government bonds, corporate bonds and debentures, commercial paper and certificates of deposits issued by depository corporations. 1.1.8 Loans: financial assets that are created when (1) a creditor lends funds directly to a debtor and (2) are evidenced by non-negotiable documents. The valuation of loans and deposits is an exception to the valuation principle based on market price or fair value. Loans and deposit values are hence based on creditors’ outstanding claims without adjustments for expected loan or deposit losses. I.1.9 Shares and other equity: instruments and records acknowledging, after the claims of all creditors have been met, claims on residual value of a corporation. This category includes proprietor’s nets equity in quasi-corporations, as well as shares and equity in corporations. 1.1.9 Shares and other equity: instruments and records acknowledging, after the claims of all creditors have been met, claims on residual value of a corporation. This category includes proprietor’s nets equity in quasi-corporations, as well as shares and equity in corporations.
1.2 Liabilities 1.2.1 Currency: see definition in 1.1.3 1.2.2 Deposits included in broad money: transferable deposits and other deposits issued by resident depository corporations and included in the national definition of the broad money. 1.2.3 Deposits excluded from broad money: transferable deposits and other deposits which are not included in the national definition of broad money. This category includes all deposits of the central government, depository corporations and non residents. 1.2.4 Securities other than shares included in broad money: negotiable instruments included in the national definition of broad money, and held by sectors designated as holders of the currency. 1.2.5 Securities other than shares excluded from broad money: negotiable instruments which are not included in the national definition of broad money. This category includes securities other than shares held by central government, depository corporations and non residents, as well as securities other than shares held by other sectors and which are not included in broad money. 1.2.6 Loans: comprise credits and advances granted by various sectors 1.2.7 Shares and other equity: category including: .Funds Contributed by owners: total amount from initial and any subsequent issuance of shares, stocks or other form of ownership of corporations and quasi-corporation. .Retained earnings: after tax profits that have not been distributed to the shareholders or appropriated as general or special reserves.
National Bank of Rwanda Page 45
Quarterly Bulletin………………………………………………..………..June, 2009 . Results of the period: cumulated profits or losses, if these benefits or losses are not taken into account in the retained earnings. .General and special reserves: appropriations of retained earnings. . SDR allocation: counterpart of the SDR provided by the IMF to the central banks. .Valuations adjustments: net counterpart to changes in value of assets and liabilities on the balance sheets of financial corporations, excluding those changes in value that are recorded in net profit or loss for the period. 2. SECTORS OF THE ECONOMY The main sectors of the domestic economy are the financial corporations, non-financial corporations, government units, households, non-profit-institutions. Financial corporations: comprise the central bank, deposit money banks, non bank depository institutions, other financial corporations, insurance companies and pension funds, other financial intermediaries and financial auxiliaries. Non-financial corporations: include public and private non-financial corporations. General government: are legal entities that are established by political process and have legislative, judicial or executive authority over other institutional units within a specific area. They include central government, local governments and the social security funds. Households: consist of individuals, families, or other groups of persons who share the same living accommodation, pool some or all of their income and wealth, and consume some goods and services collectively. Non profit institutions: legal or social entities, created for the purpose of producing goods and services, whose status does not permit them to be a source of income, profit, or other financial gain for the units that establish, control or finance them For the presentation of the monetary statistics, households and non-profit institutions are combined to make the position "other resident sectors ".
National Bank of Rwanda Page 46
Quarterly Bulletin………………………………………………..………..June, 2009 3. BROAD MONEY LIABILITIES AND THEIR COUNTERPARTS
3.1 Broad money liabilities Broad money liabilities comprise currency out of depository corporations, transferable deposits and the other deposits held by other domestic sector with the monetary system, excluding those held by central government. The definition of each component is in section I.
3.2 Counterparts of broad money These are claims corresponding to broad money. Four types of them exist: 3.2.1 Net foreign assets: total amount of foreign assets less foreign liabilities of the money sector. 3.2.2 Net credit to government: total assets of the central government less it’s liabilities towards the banking sector. 3.2.3 Claims on other sectors: total assets held by the banking system corresponding to the liabilities of domestic sectors other than the central government and other depository corporations. They form the main component of broad money counterparts. 3.2.4 Other items net: denotes a residual category for other liabilities less other assets, where other liabilities includes all liabilities not included in broad money. 4. Rates 4.1. Lending rate: is the interest rate charged by the banking sector on the loans they grant to the customers. 4.2. Deposit rate: is the interest rate paid by the banking sector on deposits or funds collected from the depositors/lenders. 4.3. Inter bank rate: is the interest rate charged by the banks to their colleagues, and negotiated freely on the interbank market (one of the compartments of the money market). 4.4. Rate of the money market: is the interest rate charged or paid by the central bank during its operations of open market. 4.5. Discount rate: is the interest rate at which the central bank lends its money to commercial banks facing short term needs of cash. 4.6. Rate on the market of the Treasury bills: is a weighed average resulting from the operations of tender on the Treasury bills market over a given period. 4.7. The central bank’s rate: is the maximum interest rate that the Central Bank is ready to pay for its seven days’ mop ups of cash or the minimum interest rate it is ready to accept for cash loans to commercial the banks if the banking system fall illiquid.
National Bank of Rwanda Page 47
VII.2 STATISTICAL APPENDICES
I. MONNAIE ET CREDIT/MONEY AND CREDIT
TAB. I.1 : SITUATION DE LA BNR (Selon MSMF)/CENTRAL BANK SURVEY (en millions de Frw)/(in millions of Rwf)
mars-08
juin-08
sept-08
déc-08
janv-09
févr-09
mars-09
avr-09
mai-09
Avoirs extérieurs nets
297 043.29
331 597.37
319 770.24
326 450.35
315 499.31
297 669.27
272 913.42
306 601.87
289 578.16
313 396.65 Net foreign assets
juin-09
Créances sur les non résidents
319 186.92
359 304.27
343 862.43
334 221.21
323 198.36
305 620.30
281 416.98
317 552.86
300 750.10
324 674.23 Claims on the non residents
Or monétaire et avoirs en DTS
18 127.96
18 005.17
17 626.97
17 650.85
17 391.86
17 076.41
17 311.44
17 375.23
17 778.35
18 002.82 Monetary Gold and SDRs
Encaisse Monnaies étangères
659.34
809.96
684.01
644.72
1 424.21
1 011.84
522.45
1 190.70
561.66
271 899.89
312 402.17
296 424.83
257 138.45
245 137.51
227 565.67
203 520.91
221 464.72
194 749.60
27 909.71
27 503.24
28 556.54
58 210.11
58 676.92
59 410.56
59 496.70
76 954.64
87 077.88
590.02
583.73
570.08
577.08
567.86
555.82
565.48
567.57
582.61
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-22 143.63
-27 706.90
-24 092.19
-7 770.86
-7 699.05
-7 951.03
-8 503.56
-10 950.99
-11 171.94
-16 525.67
-22 148.82
-17 677.64
-1 358.11
-414.18
-804.33
-1 250.27
-3 670.97
-3 725.68
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-5 617.96
-5 558.08
-6 414.55
-6 412.75
-7 284.87
-7 146.70
-7 253.29
-7 280.02
-7 446.26
Dépôts Titres autres qu'actions Crédits(1) Autres Moins : engagements envers les non résidents Dépôts Titres autres qu'actions Crédits Autres
1 153.81 Cash balance foreign Currency 217 374.98 Deposits 87 552.63 Securities others than shares 589.99 Credits(1) 0.00 Others -11 277.58 Less : liabilities towards the nonresidents -3 737.30 Deposits 0.00 Securities others than shares -7 540.28 Credits
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-1 258.30
-1 546.35
-1 437.48
-1 495.60
-1 504.22
-1 037.16
-891.66
-3 114.09
-3 187.89
-114 449.15
-153 434.93
-130 067.33
-141 393.81
-138 076.18
-135 206.03
-109 710.32
-140 932.82
-119 592.23
41 197.78
39 740.34
39 737.44
39 737.44
39 738.58
39 737.44
45 238.82
39 739.77
39 363.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
41 197.78
39 740.34
39 737.44
39 737.44
39 738.58
39 737.44
45 238.82
39 739.77
39 363.01
Moins : engagements envers l'administration centrale
-155 646.93
-193 175.27
-169 804.77
-181 131.25
-177 814.76
-174 943.47
-154 949.14
-180 672.59
-158 955.24
-156 432.52 Less : liabilities towards the public sector
Dépôts
-155 646.93
-193 175.27
-169 804.77
-181 131.25
-177 814.76
-174 943.47
-154 949.14
-180 672.59
-158 955.24
-156 432.52 Deposits
Créances sur les autres institutions de dépôts Créance net sur l'Administration Centrale Créances sur l'Administration Centrale Titres Autres créances
0.00 Others -3 040.25 Claims on other Depository Corporations -117 069.50 Net claims on Central Government 39 363.02 Claims on Central Government 0.00 Securities 39 363.02 Other shares
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Créance sur les autres secteurs
5 328.11
5 599.43
5 709.59
5 774.19
5 767.03
5 776.20
6 042.09
7 539.07
7 617.41
7 574.83 Claim on other sectors
Autres institutions financières
2 120.79 Other Bank-like institutions
Autres engagements
0.00 Other liabilities
1 197.43
1 073.46
1 059.58
1 010.73
1 010.73
998.54
974.02
2 149.29
2 149.29
Administrations provinciales et locales
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 Provincial and local administrations
Administrations de la sécurité sociale
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 Administrations of the social security
Entreprises publiques non financières Autres sociétes non financières Autres secteurs résidents Base monétaire Circulation fiduciaire
10.15
7.15
4.15
1.15
0.15
0.15
0.00
0.00
0.00
450.00
450.00
450.00
450.00
450.00
450.00
450.00
450.00
450.00
3 670.53
4 068.82
4 195.86
4 312.31
4 306.15
4 327.51
4 618.07
4 939.78
5 018.12
111 895.14
120 571.08
127 300.28
133 510.15
137 599.77
125 564.29
126 509.20
122 219.56
118 998.00
72 578.38
82 346.67
85 954.88
88 498.07
81 040.77
77 448.76
76 817.30
77 585.43
76 972.70
0.00 Non financial public corporations 450.00 Other non financial societies 5 004.04 Other residents sectors 125 987.83 Reserve money 81 664.66 Currency in circulation
TAB. I.1 : SITUATION DE LA BNR (Selon MSMF)/CENTRAL BANK SURVEY (en millions de Frw)/(in millions of Rwf) Engagements envers les autres institutions de dépôts
64 040.93
61 905.18
60 373.42
41 641.37
42 428.94
27 414.66
32 493.25
36 950.26
41 240.76
55 999.23 Liabilities towards the other institutions of deposits
Dépôts de réserve
24 804.78
25 684.63
24 372.84
25 041.37
36 428.94
27 414.66
32 493.25
27 988.58
24 355.18
22 510.14 Reserve deposits
Autres engagements
39 236.15
36 220.55
36 000.58
16 600.00
6 000.00
0.00
0.00
8 961.68
16 885.58
33 489.09 Other liabilities
Dépôts inclus dans la monnaie au sens large
14 511.98
12 539.78
16 972.56
19 970.71
20 130.06
20 700.87
17 198.65
16 645.55
17 670.12
21 813.03 Deposits included in broad money 16 925.69 Transferable deposits
Dépôts transférables
10 399.84
9 115.78
8 807.66
18 378.35
18 548.21
19 062.75
14 760.05
13 037.22
14 394.81
Autres institutions financières
4 149.68
196.92
315.93
496.26
429.56
448.32
1 046.58
426.44
387.77
1 687.57 Other financial corporations
Administrations provinciales et locales
4 201.46
6 830.27
5 827.70
15 090.48
15 508.96
16 013.37
13 295.00
11 900.88
13 594.33
14 504.14 State and local government
Administrations de la sécurité sociale
9.57
9.57
9.57
19.85
19.79
20.02
21.07
21.93
22.46
Entreprises publiques non financières
2 039.13
2 079.02
2 654.46
2 771.76
2 589.90
2 581.04
397.40
687.97
390.25
699.25 Public nonfinancial corporations
Autres sociétés non financières
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 Other nonfinancial corporations
Autres secteurs résidents
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Autres dépôts
4 112.14
3 424.00
8 164.90
4 880.23
4 621.10
4 687.50
3 903.65
3 608.33
3 275.31
Autres institutions financières
1 180.06
786.21
833.30
496.26
429.56
448.32
1 046.58
426.44
387.77
79.63
79.54
50.48
Administrations de la sécurité sociale
0.00
0.00
0.00
19.85
19.79
20.02
21.07
21.93
22.46
Entreprises publiques non financières
749.30
701.80
557.79
2 771.76
2 589.90
2 581.04
397.40
687.97
390.25
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Autres secteurs résidents
2 103.15
1 856.45
6 723.33
1 592.36
1 581.85
1 638.12
2 438.60
2 471.99
2 474.83
Dont : en devises
Administrations provinciales et locales
Autres sociétés non financières
34.73 Administrations of the social security
0.00 Other resident sector 4 887.34 Other deposit 1 687.57 Other financial corporations State and locale government 34.73 Administrations de la sécurité sociale 699.25 Public nonfinancial corporations 0.00 Other nonfinancial corporations 2 465.79 Other resident sectors Which in : foreign currency
2 311.67
1 869.47
6 819.86
Titres autres qu'actions inclus dans la monnaie au sens large
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 Securities other than shares, included in broad money
Titres autres qu'actions exclus de la monnaie au sens large
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 Securities other than shares, excluded from broad money
Crédit
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 Loans
Crédits commerciaux et avances
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 Trade credit and advances
Actions et autres participations
34 871.19
29 638.06
30 422.18
34 819.44
34 282.45
34 061.18
34 231.88
34 219.93
33 237.27
Apports des propriétaires
2 000.00
2 000.00
7 000.00
7 000.00
7 000.00
7 000.00
7 000.00
7 000.00
7 000.00
Résultat Net
7 394.67
0.26
0.00
5 195.07
4 840.73
4 840.73
4 840.73
4 785.98
0.00
13 486.40
15 775.54
10 775.54
10 775.54
10 775.54
10 775.54
10 775.54
10 775.54
14 312.63
Réserves générales et spéciales Réevaluations Allocations de DTS Autres postes nets
-276.61
-273.73
794.48
0.00
0.00
0.00
0.00
0.00
0.00
12 266.73
12 135.99
11 852.16
11 848.83
11 666.18
11 444.91
11 615.61
11 658.41
11 924.64
33 237.27 Shares and other equity 7 000.00 Funds contributed by owners 0.00 Net Result 14 312.63 General and special reserves 0.00 Valuation adjustement 11 924.64 SDR allocations
2 945.93
2 474.06
12 215.37
7 973.82
9 473.07
10 210.04
9 980.20
12 625.83
13 051.04
17 086.82 Other net items
Autres passifs
86 347.03
94 300.19
107 028.73
90 942.56
91 384.89
91 913.38
89 521.43
93 769.14
95 980.72
101 832.14 Other liabilities
Moins: Autres actifs
83 401.10
91 826.13
94 813.36
82 968.74
81 911.82
81 703.34
79 541.23
81 143.31
82 929.68
Source : BNR,Statistics Department (1) Il s'agit de la créance provisionnée sur la Banque du Congo N.B: 1. Les provisions pour risques et charges sont classées dans les autres passifs et non dans les fonds propres 2. La participation de la BNR dans la SIMTEL est classée dans le crédit aux autres sociétés non financières conformément à la méthodologie du MSMF 3. La décôte de titres en monnaies étrangère est classée dans la réévalution, de même que la fluctuation du cours de change
84 745.32 Less : Other assets
TAB. I.2 : SITUATION DES AUTRES INSTITUTIONS DE DEPOTS (Selon MSMF) /OTHER DEPOSITORY INSTITUTIONS SURVEY (BK, BCR, BPRsa, FINA BANK, ECOBANK(BCDI), BANCOR et COGEBANQUE, BHR* UOMB**) (Chiffres en millions de Frw)/(in millions of Rwf)
(en millions de Frw)/(in millions of Rwf)
AVOIRS EXTERIEURS NETS Créances sur les non résidents
mars-08
juin-08
sept-08
déc-08
janv-09
févr-09
mars-09
avr-09
mai-09
70 775.09
73 974.93
74 431.91
77 676.94
67 675.32
73 325.27
73 812.16
77 118.36
75 661.81
juin-09 76 845.51 NET FOREIGN ASSETS
86 815.69
91 875.60
92 614.26
96 241.14
86 537.79
92 281.90
94 795.03
96 412.75
99 824.02
99 689.66 Claims on the non residents
Encaisse en monnaies étrangères
16 632.08
13 753.40
19 601.89
13 765.25
13 765.25
13 765.25
13 765.25
15 677.73
14 464.34
14 509.28
Foreign Currency
Dépôts
69 135.16
77 065.49
71 996.11
81 454.30
71 658.68
77 417.41
79 731.52
79 403.65
83 968.46
83 767.67
Deposits
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1 038.15
1 045.08
1 004.52
1 012.99
1 105.14
1 083.46
1 181.13
1 143.83
1 208.07
1 336.01
Loans
76.71
Others
Titres autres qu'actions Crédits Autres Moins: engagements envers les non-résidents Dépôts Titres autres qu'actions
Securities other than shares
10.30
11.63
11.74
8.61
8.72
15.78
117.12
187.54
183.14
-16 040.60
-17 900.67
-18 182.35
-18 564.21
-18 862.48
-18 956.64
-20 982.87
-19 294.39
-24 162.21
-22 844.15 Less : liabilities towards non residents
-15 634.68
-17 346.80
-17 567.41
-15 952.00
-16 125.38
-15 905.16
-17 950.83
-16 253.33
-20 445.91
-19 302.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Deposits Securities other than shares
Crédits
0.00
0.00
0.00
-2 267.69
-2 372.07
-2 428.34
-2 452.76
-2 651.63
-2 894.76
-2 660.03
Loans
Autres
-405.92
-553.87
-614.95
-344.52
-365.02
-623.14
-579.28
-389.44
-821.54
-882.10
Others
CREANCES SUR LA BANQUE CENTRALE
73 458.38 Claims on the Central Bank
82 174.02
69 310.00
75 826.45
44 019.30
50 279.54
36 371.29
46 527.68
51 182.19
51 364.84
Numéraire
11 253.74
9 985.80
11 786.16
7 605.73
9 083.13
8 419.21
10 565.41
9 519.20
9 320.37
9 571.38
Dépôts de réserves
36 334.61
27 339.93
22 897.31
23 045.23
34 925.52
27 702.14
34 792.33
32 812.29
26 503.87
25 177.71
Reserve Deposits
Autres créances
34 585.67
31 984.27
41 142.98
13 368.34
6 270.89
249.94
1 169.94
8 850.70
15 540.60
38 709.28
Other Claims
Currency
CREANCES NETTES SUR L'ADMINISTRATION CENTRALE
16 122.29
8 999.99
4 444.45
11 689.86
7 921.20
7 086.22
-466.33
5 762.08
5 585.50
Créances sur l'administration centrale
38 003.89
31 489.31
26 355.85
29 541.21
25 793.47
25 480.18
23 558.07
25 733.86
25 781.36
23 543.68 Claims on Central Government
32 112.51
27 690.63
20 958.26
23 606.66
19 743.50
19 592.99
16 969.73
19 036.42
18 988.39
18 827.10
5 891.38
3 798.68
5 397.59
5 934.55
6 049.97
5 887.19
6 588.34
6 697.44
6 792.97
4 716.58
-21 881.60
-22 489.32
-21 911.40
-17 851.34
-17 872.26
-18 393.96
-24 024.39
-19 971.77
-20 195.86
-24 884.85 Less : Liabilities to central government
-8 864.85
-10 269.73
-10 471.87
-9 806.50
-9 113.97
-9 644.42
-10 823.49
-10 373.90
-10 641.54
-15 385.73
-13 016.75
-12 219.59
-11 439.53
-8 044.84
-8 758.29
-8 749.55
-13 200.90
-9 597.87
-9 554.32
-9 499.12
265 824.70
292 215.51
324 388.77
337 107.58
333 937.25
336 034.52
336 327.72
153 885.29
148 681.88
1 094.48
860.79
760.95
838.50
1 452.58
1 538.50
5 088.50
10 978.65
7 330.05
8 696.80
Other financial corporations
40.47
31.29
29.69
28.97
21.89
21.88
22.17
6 488.93
6 150.86
6 297.72
State and local government
Titres autres qu'actions Autres créances Moins: engagements envers l'administration centrale Dépôts Autres engagements CREANCES SUR LES AUTRES SECTEURS Autres institutions financières Administrations locales Administration de la sécurité sociale Sociétés non financières publiques Autres sociétés non financières Autres secteurs résidents
-1 341.17 NET CLAIMS ON CENTRAL GOVERNMENT
Securities Other than Shares Other claims
Deposits Other liabilities
156 114.74 Claims on other sectors
0.00
0.00
0.00
0.00
0.00
0.00
0.00
10 048.08
5 096.54
5 768.15
Administration of the social security
1 399.54
1 301.49
1 431.20
1 636.94
1 896.78
1 775.88
2 261.31
3 579.55
4 198.06
4 287.52
Public nonfinancial corporations
93 336.82
96 480.88
104 581.48
109 878.27
119 359.02
126 988.95
111 598.86
32 897.76
34 311.13
36 837.76
Other nonfinancial corporations
169 953.39
193 541.07
217 585.45
224 724.90
211 206.99
205 709.32
217 356.89
89 892.32
91 595.25
94 226.80
Other resident sectors
TAB. I.2 : SITUATION DES AUTRES INSTITUTIONS DE DEPOTS (Selon MSMF) /OTHER DEPOSITORY INSTITUTIONS SURVEY (BK, BCR, BPRsa, FINA BANK, ECOBANK(BCDI), BANCOR et COGEBANQUE, BHR* UOMB**) (Chiffres en millions de Frw)/(in millions of Rwf)
(en millions de Frw)/(in millions of Rwf) ENGAGEMENTS ENVERS LA BANQUE CENTRALE
3 143.42 LIABILITIES TO CENTRAL BANK
1 536.88
1 376.25
1 268.69
1 404.53
4 418.13
1 234.74
1 170.73
3 318.10
3 203.34
DEPOTS INCLUS DANS LA MONNAIE AU SENS LARGE
357 671.68
363 807.77
382 471.15
374 231.30
355 290.11
344 998.43
350 626.51
361 050.77
356 116.02
361 093.52 DEPOSITS INCLUDED IN BROAD MONEY
Dépôts transférables
Transferable deposits
141 856.48
140 895.19
139 184.83
133 485.19
132 169.32
119 292.45
116 774.62
153 885.29
148 681.88
156 114.74
Autres institutions financières
8 183.82
7 432.08
6 681.82
4 134.18
8 353.48
7 383.10
5 568.26
10 978.65
7 330.05
8 696.80
Other financial corporations
Administrations locales
1 023.38
1 399.09
1 049.77
852.63
784.02
1 039.09
1 252.26
6 488.93
6 150.86
6 297.72
Local government
Administration de la sécurité sociale
14 409.07
6 984.06
6 925.18
7 250.46
9 656.83
4 663.80
7 189.57
10 048.08
5 096.54
5 768.15
Administration of the social security
Sociétés non financières publiques
7 244.87
5 182.87
8 438.32
10 516.41
5 632.14
4 072.49
3 482.28
3 579.55
4 198.06
4 287.52
Public nonfinancial corporations
Autres sociétés non financières
45 287.90
46 073.84
42 706.03
34 617.94
35 186.29
31 221.06
29 197.53
32 897.76
34 311.13
36 837.76
Other nonfinancial corporations
Autres secteurs résidents
65 707.44
73 823.25
73 383.72
76 113.58
72 556.56
70 912.91
70 084.75
89 892.32
91 595.25
94 226.80
Other resident sectors
215 815.20
222 912.58
243 286.31
240 746.11
223 120.79
225 705.99
233 851.89
207 165.48
207 434.14
204 978.78
12 234.02
14 238.02
18 013.20
17 653.96
13 408.28
13 236.55
13 980.77
12 610.82
13 876.12
11 981.96
180.37
42.28
26.15
45.37
45.69
73.87
74.91
394.39
416.89
527.69
19 795.77
19 648.76
22 428.18
23 615.47
20 759.34
23 359.79
23 015.96
21 633.28
23 767.87
24 172.08
Autres dépôts Autres institutions financières Administrations locales Administration de la sécurité sociale Sociétés non financières publiques Autres sociétés non financières Autres secteurs résidents Dont : en devises TITRES AUTRES QU'ACTIONS INCLUS DANS LA MONNAIE AU SENS LARGE
13 163.42
14 240.57
9 357.98
9 253.37
9 122.69
12 602.34
12 880.02
13 623.19
15 026.15
Public nonfinancial corporations
41 574.64
46 097.38
48 874.44
42 428.27
43 599.45
49 220.36
45 716.10
48 144.45
49 097.88
Other nonfinancial corporations
133 657.81
134 245.45
142 480.83
141 198.90
137 225.85
136 313.64
134 957.56
113 930.88
107 605.62
104 173.02
69 628.04
79 761.34
84 302.53
82 338.22
77 264.14
79 779.88
81 952.34
83 262.13
85 460.61
85 519.73
1 112.41
1 135.03
1 102.58
1 109.48
1 117.30
1 124.82
1 031.52
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Administrations locales
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
451.10
308.38
101.10
462.98
451.62
454.03
456.71
459.30
360.87
363.46
Autres secteurs résidents TITRES AUTRES QU'ACTIONS EXCLUS DE LA MONNAIE AU SENS LARGE CREDITS
Other resident sectors Of which : in foreign currency
1 038.47 SECURITIES OTHER THAN SHARES INCLUDED IN BROAD MONEY
1 308.38
0.00
Sociétés non financières publiques
Local government Administration of the social security
8 579.92
1 101.10
Autres sociétés non financières
Other financial corporations
41 367.31
Autres institutions financières
Administration de la sécurité sociale
Other deposits
Other financial corporations Local government Administration of the social security
0.00
350.00
353.96
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Public nonfinancial corporations
650.00
650.00
657.35
672.06
650.96
655.45
660.42
665.23
670.20
675.00
Other nonfinancial corporations
0.00
0.00
0.00
0.00
0.00
0.00
0.17
0.29
0.45
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 SECURITIES OTHER THAN SHARES EXCLUDED FROM BROAD MONEY
Other resident sectors
8 247.51 LOANS
2 689.55
1 775.64
2 888.03
3 010.00
4 560.00
6 213.97
8 010.00
6 411.13
8 076.13
CREDITS COMMERCIAUX ET AVANCES
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
ACTIONS ET AUTRES PARTICIPATIONS
61 864.25
70 957.86
74 320.14
76 176.41
83 837.56
84 003.24
82 544.87
83 113.39
83 970.73
84 164.09 SHARES AND OTHER EQUITY
Apports des propriétaires
36 938.21
53 592.25
54 405.62
55 285.68
60 285.68
59 628.58
59 637.58
59 637.58
59 637.58
59 637.58
Bénéfices non distribués
4 581.44
673.50
673.70
-323.51
11 447.87
12 624.19
5 028.35
6 081.89
6 074.46
5 755.28
19 035.03
8 758.60
8 592.37
7 617.42
8 693.61
8 693.61
14 344.21
14 361.98
14 361.99
14 197.71
147.82
345.37
343.37
1 281.95
563.10
562.71
562.32
606.60
605.83
1 026.95
Valuation adjustment
Résultat net
1 161.75
7 588.14
10 305.08
12 314.87
2 847.30
2 494.15
2 972.41
2 425.33
3 290.87
3 546.57
Net Result
AUTRES POSTES NETS
10 034.38
5 273.98
17 031.16
15 048.16
10 605.21
16 519.99
15 224.58
14 867.56
14 186.26
Réserves générales et spéciales Réévaluations
0.00 TRADE CREDIT AND AVANCES
Fund contributed by owners Retained earnings General and special reserves
10 863.28 Other Items (net)
Autres passifs
67 026.86
72 826.02
77 058.67
81 207.63
77 568.38
78 210.45
82 340.14
82 006.03
84 383.00
85 743.50
Other liabilities
Moins: autres actifs
54 396.21
62 042.66
59 048.42
64 087.08
63 155.52
58 985.85
62 924.50
63 343.21
66 401.48
71 084.96
Less : Other assets
Plus ajustement de consolidation
-2 596.27
-5 509.37
-979.09
-2 072.39
-3 807.66
-2 704.61
-4 191.06
-3 795.26
-3 795.26
-3 795.26
Plus : Consolidation adjustement
*: A partir de Décembre 2005, la BHR fait partie des autres institutions de dépôts **: A partir d'Août 2007, UOMB fait partie des autres institutions de dépôts Source : BNR,Département des Etudes/Research Departement
TAB. I. 3 : SITUATION DES INSTITUTIONS DE DEPOTS (Selon MSMF),Mars 08-Décembre 09 /DEPOSITORY INSTITUTIONS SURVEY (BNR,BK, BCR, UBPR, BACAR, ECOBANK(BCDI), BANCOR, COGEBANQUE, BHR*UOMB**) (en
(en millions de Frw)/(in millions of Rwf)
mars-08
juin-08
sept-08
déc-08
janv-09
févr-09
mars-09
avr-09
mai-09
AVOIRS EXTERIEURS NETS
367 818.38
405 572.30
394 202.15
404 127.29
383 174.63
370 994.54
346 725.58
383 720.23
365 239.97
390 242.16 NET FOREIGN ASSETS
juin-09
Créances sur les non résidents
406 002.61
451 179.87
436 476.69
430 462.35
409 736.15
397 902.20
376 212.01
413 965.61
400 574.12
424 363.89 Claims on nonresidents
Or monétaire et DTS
18 127.96
18 005.17
17 626.97
17 650.85
17 391.86
17 076.41
17 311.44
17 375.23
17 778.35
18 002.82 Monetary Gold and SDRs
Encaisses en monnaies étrangères
17 291.42
14 563.36
20 285.90
14 409.97
15 189.46
14 777.09
14 287.70
16 868.43
15 026.00
341 035.05
389 467.66
368 420.94
338 592.75
316 796.19
304 983.08
283 252.43
300 868.37
278 718.06
27 909.71
27 503.24
28 556.54
58 210.11
58 676.92
59 410.56
59 496.70
76 954.64
87 077.88
1 628.17
1 628.81
1 574.60
1 590.07
1 673.00
1 639.28
1 746.61
1 711.40
1 790.68
1 926.00
Loans
76.71
Others
Dépôts Titres autres qu'actions Crédits
15 663.09 Foreign Currency 301 142.65 Deposits 87 552.63 Securities other than shares
Autres Moins : engagements envers les nonrésidents
10.30
11.63
11.74
8.61
8.72
15.78
117.12
187.54
183.14
-38 184.23
-45 607.57
-42 274.54
-26 335.07
-26 561.53
-26 907.67
-29 486.43
-30 245.38
-35 334.15
-34 121.73 Less : Liabilities to non resident
Dépôts
-32 160.35
-39 495.62
-35 245.05
-17 310.11
-16 539.56
-16 709.49
-19 201.10
-19 924.30
-24 171.59
-23 039.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Crédits
-5 617.96
-5 558.08
-6 414.55
-8 680.44
-9 656.94
-9 575.04
-9 706.05
-9 931.65
-10 341.02
-10 200.31
Credits
Autres
-405.92
-553.87
-614.95
-344.52
-365.02
-623.14
-579.28
-389.44
-821.54
-882.10
Others
172 825.95
153 380.00
204 475.48
213 177.82
209 549.30
213 690.91
232 193.16
26 253.62
42 292.56
Titres autres qu'actions
CREANCES INTERIEURES CREANCES NETTES SUR L'ADMINISTRATION CENTRALE
Deposits Securities other than shares
45 278.90 DOMESTIC CLAIMS -118 410.67 NET CLAIMS ON CENTRAL GOVERNMENT
-98 326.86
-144 434.94
-125 622.88
-129 703.95
-130 154.98
-128 119.81
-110 176.65
-135 170.74
-114 006.73
Créances sur l'administration centrale
79 201.67
71 229.65
66 093.29
69 278.65
65 532.05
65 217.62
68 796.89
65 473.63
65 144.37
62 906.70 Claims on central government
Titres autres qu'actions
32 112.51
27 690.63
20 958.26
23 606.66
19 743.50
19 592.99
16 969.73
19 036.42
18 988.39
18 827.10 Securities other than Shares
Autres créances Moins: engagements envers l'administration centrale
47 089.16
43 539.02
45 135.03
45 671.99
45 788.55
45 624.63
51 827.16
46 437.21
46 155.98
-177 528.53
-215 664.59
-191 716.17
-198 982.59
-195 687.02
-193 337.43
-178 973.53
-200 644.36
-179 151.10
-181 317.37 Less : Liabilities to central government
44 079.60 Other claims
Dépôts
-171 818.25 Deposits
-164 511.78
-203 445.00
-180 276.64
-190 937.75
-186 928.73
-184 587.89
-165 772.63
-191 046.49
-169 596.78
Autres engagements
-13 016.75
-12 219.59
-11 439.53
-8 044.84
-8 758.29
-8 749.55
-13 200.90
-9 597.87
-9 554.32
CREANCES SUR LES AUTRES SECTEURS
271 152.81
297 814.94
330 098.36
342 881.77
339 704.28
341 810.72
342 369.81
161 424.36
156 299.29
2 291.91
1 934.25
1 820.53
1 849.23
2 463.31
2 537.04
6 062.52
13 127.94
9 479.34
40.47
31.29
29.69
28.97
21.89
21.88
22.17
6 488.93
6 150.86
0.00
0.00
0.00
0.00
0.00
0.00
0.00
10 048.08
5 096.54
5 768.15 Administration de la sécurité sociale
1 409.69
1 308.64
1 435.35
1 638.09
1 896.93
1 776.03
2 261.31
3 579.55
4 198.06
4 287.52 Public nonfinancial corporations
93 786.82
96 930.88
105 031.48
110 328.27
119 809.02
127 438.95
112 048.86
33 347.76
34 761.13
37 287.76 Other nonfinancial corporations
173 623.92
197 609.89
221 781.31
229 037.21
215 513.14
210 036.83
221 974.96
94 832.10
96 613.37
99 230.84 Other resident sectors
Autres institutions financières Administrations locales Administration de la sécurité sociale Sociétés non financières publiques Autres sociétés non financières Autres secteurs résidents
-9 499.12 Other liabilities 163 689.57 CLAIMS ON OTHER SECTORS 10 817.59 Other financial corporations 6 297.72 Local government
TAB. I. 3 : SITUATION DES INSTITUTIONS DE DEPOTS (Selon MSMF),Mars 08-Décembre 09 /DEPOSITORY INSTITUTIONS SURVEY (BNR,BK, BCR, UBPR, BACAR, ECOBANK(BCDI), BANCOR, COGEBANQUE, BHR*UOMB**) (en PASSIFS MONETAIRES AU SENS LARGE
450 016.80
474 724.84
479 517.26
451 519.63
438 887.72
436 659.40
446 887.37
442 469.99
61 324.64
72 360.87
74 168.72
80 892.34
71 957.64
69 029.55
66 251.89
68 066.23
67 652.33
152 256.32
150 010.97
147 992.49
151 863.54
150 717.53
138 355.20
131 534.67
166 922.51
163 076.69
12 333.50
7 629.00
6 997.75
4 630.44
8 783.04
7 831.42
6 614.84
11 405.09
7 717.82
5 224.84
8 229.36
6 877.47
15 943.11
16 292.98
17 052.46
14 547.26
18 389.81
19 745.19
Numéraire hors institutions de dépôts Dépôts transférables
(en millions de Frw)/(in millions of Rwf)
434 609.40
Autres institutions financières Administrations locales Administration de la sécurité sociale
456 038.29 BROAD MONEY LIABILITIES 72 093.28 Currency outside depository corporations 173 040.43 Transferable deposits 10 384.37 Other financial corporations 20 801.86 Local government
14 418.64
6 993.63
6 934.75
7 270.31
9 676.62
4 683.82
7 210.64
10 070.01
5 119.00
5 802.88 Administration of the social security
9 284.00
7 261.89
11 092.78
13 288.17
8 222.04
6 653.53
3 879.68
4 267.52
4 588.31
4 986.77 Public nonfinancial corporations
Autres sociétés non financières
45 287.90
46 073.84
42 706.03
34 617.94
35 186.29
31 221.06
29 197.53
32 897.76
34 311.13
36 837.76 Other nonfinancial corporations
Autres secteurs résidents
65 707.44
73 823.25
73 383.72
76 113.58
72 556.56
70 912.91
70 084.75
89 892.32
91 595.25
219 927.34
226 336.58
251 451.21
245 626.34
227 741.89
230 393.49
237 755.54
210 773.81
210 709.45
13 414.08
15 024.23
18 846.50
18 150.22
13 837.84
13 684.87
15 027.35
13 037.26
14 263.89
260.00
121.82
76.63
45.37
45.69
73.87
74.91
394.39
416.89
19 795.77
19 648.76
22 428.18
23 635.32
20 779.13
23 379.81
23 037.03
21 655.21
23 790.33
24 206.81 Social security funds 15 725.40 Public nonfinancial corporations
Sociétés non financières publiques
Autres dépôts Autres institutions financières Administrations locales Administration de la sécurité sociale Sociétés non financières publiques
9 329.22
13 865.22
14 798.36
12 129.74
11 843.27
11 703.73
12 999.74
13 567.99
14 013.44
41 367.31
41 574.64
46 097.38
48 874.44
42 428.27
43 599.45
49 220.36
45 716.10
48 144.45
135 760.96
136 101.90
149 204.16
142 791.26
138 807.70
137 951.76
137 396.16
116 402.87
110 080.45
71 939.71
81 630.81
91 122.39
82 338.22
77 264.14
79 779.88
81 952.34
83 262.13
85 460.61
1 101.10
1 308.38
1 112.41
1 135.03
1 102.58
1 109.48
1 117.30
1 124.82
1 031.52
Autres sociétés non financières Autres secteurs résidents Dont : en devises TITRES AUTRES QU'ACTIONS INCLUS DANS LA MONNAIE AU SENS LARGE
94 226.80 Other resident sectors 209 866.12 Other deposits 13 669.53 Other financial corporations 527.69 Local government
49 097.88 Other nonfinancial securities 106 638.81 Other resident sectors 85 519.73 Of which foreign currency SECURITIES OTHER THAN SHARES, INCLUDED IN BROAD 1 038.47 MONEY
Autres institutions financières
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 Other financial corporations
Administrations locales
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00 Local government
Administration de la sécurité sociale Sociétés non financières publiques Autres sociétés non financières Autres secteurs résidents TITRES AUTRES QU'ACTIONS EXCLUS DE LA MONNAIE AU SENS LARGE CREDITS
451.10
308.38
101.10
462.98
451.62
454.03
456.71
459.30
360.87
0.00
350.00
353.96
0.00
0.00
0.00
0.00
0.00
0.00
650.00
650.00
657.35
672.06
650.96
655.45
660.42
665.23
670.20
0.00
0.00
0.00
0.00
0.00
0.00
0.17
0.29
0.45
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2 689.55
1 775.64
2 888.03
3 010.00
4 560.00
6 213.97
8 010.00
6 411.13
8 076.13
CREDITS COMMERCIAUX ET AVANCES
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
ACTIONS ET AUTRES PARTICIPATIONS
95 573.69
93 007.78
94 437.25
98 680.98
115 272.71
115 570.27
113 804.34
114 908.00
113 917.13
Apports des propriétaires
38 938.21
55 592.25
61 405.62
62 285.68
67 285.68
66 628.58
66 637.58
66 637.58
66 637.58
Bénéfices non distribués
11 976.11
673.76
673.70
4 871.56
16 288.60
17 464.92
9 869.08
10 867.87
6 074.46
Réserves générales et spéciales
32 521.43
24 534.14
19 367.91
18 392.96
19 469.15
19 469.15
25 119.75
25 137.52
28 674.62
Réévaluations Allocations de DTS AUTRES POSTES NETS
-128.79
71.64
1 137.85
1 281.95
563.10
562.71
562.32
606.60
605.83
12 266.73
12 135.99
11 852.16
11 848.83
11 666.18
11 444.91
11 615.61
11 658.41
11 924.64
363.46 Administration of the social security 0.00 Public nonfinancial corporations 675.00 Other nonfinancial securities 0.00 Other resident sectors SECURITIES OTHER THAN SHARES, EXCLUDED FROM 0.00 BROAD MONEY 8 247.51 LOANS 0.00 TRADE CREDITS AND ADVANCES 113 854.79 SHARES AND OTHER EQUITY 66 637.58 Fund contributed by owners 5 755.28 Retained earnings 28 510.34 General and special reserves 1 026.95 Valuation adjustment 11 924.64 SDR allocations
65 888.62
80 803.67
88 313.34
97 309.37
94 196.34
90 154.96
90 913.71
96 351.33
103 021.56
101 126.22 OTHER ITEMS (net)
Autres passifs
153 373.89
167 126.21
184 087.40
172 150.19
168 953.27
170 123.83
171 861.57
175 775.17
180 363.72
187 575.64 Other liabilities
Moins : autres actifs
137 797.31
153 868.79
153 861.78
147 055.82
145 067.34
140 689.19
142 465.73
144 486.52
149 331.16
155 830.28 Less : other assets
50 312.04
67 546.25
58 087.72
72 215.00
70 310.40
60 720.32
61 517.87
65 062.68
71 989.00
Plus ajustement de consolidation Source : BNR,Département des Etudes/Research Department
69 380.86 Plus : consolidation adjustment
TABLEAU I. 4 : COURS DE CHANGE DES PRINCIPALES MONNAIES / Monnaies Période
AVERAGE FOREING EXCHANGE RATES FOR MAJOR FOREING CURRENCIES
1USD
1GBP
1JPY
1DTS
1EURO
1KES
1TZS
1UGS
1ZAR
1BIF
1CMD
580.28 566.86 553.72 548.65 544.22
1030.52 1088.09 953.28 1075.69 1088.33
5.43 5.50 4.70 4.62 4.82
849.07 878.35 791.37 824.71 859.04
725.81 771.44 655.88 721.59 800.22
7.62 7.40 7.61 7.92 8.56
0.55 0.52 0.48 0.43 0.48
0.30 0.33 0.31 0.32 0.32
86.89 93.65 87.41 78.21 80.03
0.55 0.53 0.55 0.55 0.48
580.28 566.10 553.72 548.65 544.22
1.11 1.13 1.00 1.10 1.22
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
512.65 512.66 516.07 522.25 528.65 544.18 544.18 552.24 556.52 561.96 568.49 580.28
846.34 816.21 808.79 830.80 868.20 883.58 883.58 867.79 923.04 954.15 974.05 1030.52
4.34 4.39 4.30 4.32 4.47 4.54 4.54 4.71 5.00 5.20 5.22 5.43
700.02 698.66 697.06 711.20 739.58 752.11 752.11 752.65 781.51 799.72 812.37 849.07
553.82 554.81 553.69 575.42 622.91 622.27 622.27 602.72 638.60 656.03 674.51 725.81
6.56 6.70 6.72 6.93 7.42 7.24 7.21 7.25 7.09 7.36 7.44 7.62
0.51 0.50 0.50 0.50 0.50 0.51 0.52 0.53 0.53 0.54 0.54 0.55
0.28 0.27 0.27 0.26 0.26 0.27 0.27 0.28 0.28 0.28 0.29 0.30
58.19 63.11 64.33 71.36 64.22 69.11 72.59 73.65 76.73 80.29 86.46 86.89
0.49 0.49 0.50 0.50 0.50 0.51 0.52 0.52 0.51 0.54 0.55 0.55
512.65 512.48 516.07 522.55 528.65 536.25 544.18 552.24 556.52 561.96 568.49 580.28
0.84 0.84 0.84 0.88 0.95 0.93 0.95 0.92 0.97 1.00 1.03 1.11
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
582.57 581.79 582.93 581.02 578.71 579.45 578.49 576.98 573.22 570.26 569.39 566.86
1060.28 1092.43 1063.21 1035.09 1058.80 1054.55 1048.80 1039.20 1038.05 1043.46 1076.88 1088.09
5.50 5.31 5.50 5.25 5.22 7.32 7.18 5.27 5.19 5.38 5.58 5.50
855.68 854.01 850.67 832.37 838.60 850.29 841.87 842.11 842.47 853.11 873.49 878.35
726.76 728.11 710.42 689.62 706.08 704.09 696.03 695.27 705.52 723.89 755.29 771.44
7.63 7.61 7.51 7.43 7.24 7.32 7.18 7.02 7.05 7.01 7.01 7.40
0.54 0.52 0.53 0.52 0.52 0.52 0.53 0.53 0.54 0.53 0.51 0.52
0.30 0.31 0.31 0.30 0.31 0.32 0.33 0.34 0.33 0.33 0.33 0.33
80.82 86.49 90.25 85.05 87.57 92.88 91.75 86.64 89.44 92.49 94.72 93.65
0.55 0.54 0.55 0.54 0.54 0.54 0.54 0.54 0.53 0.53 0.52 0.53
582.57 581.79 582.93 581.02 578.71 579.45 578.49 576.98 573.22 570.26 564.41 566.10
1.11 1.11 1.08 1.05 1.08 1.07 1.06 1.06 1.08 1.10 1.12 1.13
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
564.62 563.40 560.73 559.49 558.00 553.50 553.50 555.52 554.29 553.85 553.62 553.72
1065.21 1077.68 1053.90 1066.10 1017.40 967.46 967.46 994.22 978.77 986.34 953.95 953.28
5.48 5.37 5.24 5.29 5.18 4.94 4.94 5.00 4.95 4.80 4.63 4.70
859.30 860.94 846.04 847.28 828.02 803.35 803.35 812.45 804.56 803.41 788.30 791.37
736.10 744.48 724.81 724.14 697.78 668.96 668.96 678.35 667.70 671.43 652.11 655.88
7.32 7.34 7.51 7.30 7.29 7.27 7.27 7.34 7.57 7.52 7.38 7.61
0.54 0.51 0.51 0.51 0.50 0.49 0.49 0.49 0.49 0.48 0.46 0.48
0.33 0.33 0.32 0.03 0.32 0.31 0.31 0.31 0.30 0.30 0.30 0.31
96.93 96.61 90.23 91.32 85.04 83.68 83.68 85.61 87.07 82.57 85.55 87.41
0.53 0.52 0.52 0.52 0.51 0.51 0.51 0.51 0.54 0.55 0.55 0.55
567.95 563.40 560.73 559.49 558.00 553.50 553.50 555.52 554.29 553.85 553.62 553.72
1.15 1.14 1.11 1.10 1.06 1.02 1.02 1.03 1.02 1.02 0.99 1.00
Fin de période 2003 2004 2005 2006 2007
1CFA Currencies Period End of period
2003
2003 2004 2005 2006 2007 2003
2004
January February March April May June July August September October November December 2004
2005
January February March April May June July August September October November December 2005
2006
January February March April May June July August September October November December 2006
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
554.66 554.01 552.91 552.43 551.70 552.01 552.50 551.52 549.85 550.70 550.67 548.65
980.25 964.54 962.50 988.85 1033.49 1002.67 1027.75 1048.44 1033.78 1047.11 1073.76 1075.69
4.72 4.77 4.71 4.84 4.91 4.79 4.82 4.71 4.68 4.69 4.74 4.62
800.82 794.29 797.07 809.86 822.47 811.67 818.58 819.84 813.59 816.22 829.31 824.71
670.70 656.73 668.36 688.82 707.82 692.99 702.17 707.00 699.25 700.82 724.63 721.59
7.74 7.63 7.64 7.74 7.60 7.45 7.46 7.58 7.57 7.65 7.84 7.92
0.47 0.47 0.45 0.45 0.44 0.44 0.43 0.42 0.45 0.43 0.42 0.43
0.31 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.32
90.05 90.26 88.81 90.11 83.94 76.06 80.02 77.48 71.83 73.39 77.29 78.21
0.57 0.57 0.57 0.57 0.56 0.56 0.56 0.56 0.53 0.53 0.53 0.55
554.66 554.01 552.91 552.43 551.70 552.01 552.50 551.52 549.85 550.70 550.67 548.65
1.02 1.00 1.02 1.05 1.08 1.06 1.07 1.08 1.07 1.07 1.10 1.10
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
549.40 547.74 546.47 546.10 545.14 547.87 549.06 547.86 546.76 545.86 545.29 544.22
1079.62 1076.15 1073.60 1091.44 1078.88 1096.99 1111.36 1099.33 1106.70 1127.20 1124.76 1088.33
4.51 4.59 4.65 4.57 4.55 4.46 4.64 4.75 4.73 4.76 4.96 4.82
819.51 824.57 826.94 833.21 827.08 829.66 840.49 838.60 849.84 856.37 866.87 859.04
711.86 723.89 729.32 744.72 734.95 737.48 750.51 745.69 773.89 785.60 803.48 800.22
7.79 7.90 7.95 7.99 8.13 8.23 8.13 8.18 8.17 8.22 8.58 8.56
0.42 0.43 0.44 0.43 0.44 0.44 0.43 0.43 0.45 0.48 0.46 0.48
0.31 0.31 0.32 0.32 0.32 0.34 0.33 0.31 0.31 0.31 0.32 0.32
76.67 77.42 74.71 78.17 78.32 77.06 78.69 75.42 79.70 82.89 78.39 80.03
0.53 0.53 0.53 0.53 0.51 0.51 0.50 0.50 0.49 0.48 0.48 0.48
549.40 547.74 546.47 546.10 545.14 547.87 549.06 547.86 546.76 545.86 545.29 544.22
1.09 1.10 1.11 1.14 1.12 1.12 1.14 1.14 1.18 1.20 1.22 1.22
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Decembre
542.92 544.23 544.10 543.60 542.85 543.60 545.67 548.80 550.88 552.19 553.54 558.90
1082.54 1078.27 1079.72 1073.23 1072.56 1079.92 1080.32 1007.11 1013.62 910.45 848.80 810.18
5.08 5.11 5.22 5.22 5.16 5.11 5.06 5.03 5.23 5.60 5.80 6.19
864.14 872.16 876.71 883.64 881.26 886.03 884.23 862.66 865.31 830.18 827.06 865.07
804.40 821.40 827.03 846.66 844.62 856.01 850.42 810.75 803.51 721.71 716.78 792.01
7.43 8.04 8.15 8.73 8.75 8.40 8.10 7.97 7.47 6.94 7.11 7.20
0.47 0.47 0.47 0.45 0.45 0.46 0.47 0.47 0.47 0.43 0.44 0.43
0.32 0.32 0.32 0.32 0.33 0.33 0.33 0.34 0.33 0.28 0.28 0.29
74.94 72.37 70.47 71.81 71.05 68.59 73.84 71.13 67.47 55.89 55.58 58.89
0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.48 0.49 0.49
542.92 544.23 544.35 543.60 542.85 543.60 545.67 548.80 550.88 552.19 553.54 558.90
1.23 1.25 1.26 1.29 1.29 1.30 1.30 1.24 1.22 1.10 1.09 1.21
Janvier Février Mars
566.04 567.38 569.12
811.02 808.86 806.16
6.31 5.80 5.88
851.73 835.58 848.04
743.15 725.06 749.48
7.13 7.12 7.07
0.44 0.43 0.43
0.28 0.29 0.26
57.18 57.02 58.49
0.50 0.50 0.46
566.04 567.38 569.12
1.14 1.11 1.14
2007
January February March April May June July August September October November December 2007
2008
January February March April May June July August September October November December 2008
2009 Trim I
January February March April May June July August September October November December 2009 Trim I
Trim II
January February March Trim II
Avril Mai Juin
568.07 567.11 568.66
Source : BNR, Statistics Department
839.27 905.16 568.66
5.86 5.85 5.96
851.17 870.60 881.59
752.58 787.26 798.96
7.23 7.26 7.38
0.43 0.43 0.44
0.26 0.25 0.27
66.44 68.44 72.90
0.47 0.47 0.47
568.07 567.11 568.66
1.15 1.20 1.22
April May June
TABLEAU I. 4(suite) : COURS DE CHANGE DES PRINCIPALES MONNAIAVERAGE FOREIGN EXCHANGE RATES FOR MAJOR FOREING CURRENCIES
1USD
1GBP
1JPY
1DTS
1EURO
1KES
1TZS
1UGS
1ZAR
1BIF
1CMD
1CFA
Période
Currencies Period
Moyenne Simple
Simple average 2003 2004 2005 2006 2007
535.19 577.55 557.82 548.00 546.93
868.10 1057.18 1016.54 1015.97 1094.78
4.59 5.70 5.09 4.74 4.65
738.59 849.97 825.21 811.64 837.33
599.58 716.77 695.65 692.40 749.30
7.09 7.31 7.38 7.65 8.13
0.52 0.53 0.50 0.44 0.44
0.27 0.32 0.31 0.30 0.32
71.05 88.33 88.46 82.13 77.76
0.51 0.54 0.53 0.55 0.51
537.91 577.25 558.18 551.75 547.01
0.93 1.09 1.06 1.06 1.14
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
511.25 512.48 513.44 519.50 524.92 539.37 539.37 547.97 554.80 559.55 564.42 574.84
826.50 831.09 813.37 817.31 850.84 876.74 876.74 876.93 889.59 937.31 952.66 1002.99
4.31 4.29 4.33 4.34 4.47 4.55 4.55 4.60 4.81 5.11 5.17 5.33
692.44 696.98 697.25 704.30 729.59 745.59 745.59 752.69 765.51 793.48 801.07 832.50
542.50 553.17 554.82 563.05 605.58 613.63 613.63 615.20 620.30 654.64 658.90 703.95
6.55 6.66 6.70 6.83 7.27 7.28 7.25 7.26 7.16 7.18 7.38 7.09
0.51 0.50 0.50 0.50 0.50 0.51 0.52 0.53 0.53 0.54 0.54 0.52
0.28 0.27 0.27 0.26 0.26 0.27 0.27 0.27 0.28 0.28 0.29 0.27
58.19 60.97 63.11 66.72 69.04 66.24 70.56 73.22 74.82 79.51 82.41 71.05
0.49 0.49 0.49 0.50 0.50 0.50 0.51 0.52 0.51 0.53 0.54 0.51
512.65 512.48 513.44 519.80 524.92 532.10 539.37 547.97 554.80 559.55 564.42 537.91
0.84 0.84 0.85 0.86 0.92 0.95 0.94 0.94 0.95 1.00 1.00 0.93
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
582.64 582.37 582.17 582.05 580.95 579.24 579.24 577.84 574.90 571.65 569.88 567.62
1057.71 1085.03 1067.52 1053.15 1036.99 1059.16 1059.16 1053.66 1031.22 1031.72 1055.81 1095.08
5.48 5.47 5.36 5.43 5.18 7.30 7.30 5.41 5.23 5.26 5.46 5.49
857.28 860.88 848.42 843.25 833.15 843.49 843.49 846.87 842.11 845.10 861.55 874.09
733.37 736.12 715.47 699.59 696.52 702.71 702.71 704.27 701.98 711.70 737.35 759.47
7.65 7.63 7.54 7.48 7.36 7.30 7.30 7.15 7.14 7.04 7.02 7.10
0.54 0.53 0.53 0.52 0.52 0.52 0.52 0.53 0.53 0.54 0.53 0.51
0.30 0.31 0.30 0.31 0.31 0.32 0.32 0.33 0.33 0.33 0.33 0.33
84.14 84.65 86.78 88.32 83.78 89.49 89.49 90.21 87.85 89.28 93.00 92.93
0.55 0.55 0.54 0.54 0.54 0.54 0.54 0.54 0.53 0.53 0.53 0.52
582.64 582.37 582.17 582.05 580.95 579.24 579.24 577.84 574.90 571.65 568.99 564.90
1.12 1.12 1.09 1.07 1.06 1.07 1.07 1.07 1.07 1.08 1.12 1.12
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
565.54 564.28 561.86 560.08 558.70 556.58 555.37 554.62 553.89 554.74 553.60 553.94
1064.45 1064.05 1072.56 1060.87 1039.77 998.33 979.66 993.41 1002.52 978.23 961.34 967.34
5.50 5.41 5.38 5.23 5.24 5.09 4.97 5.03 5.02 4.86 4.69 4.67
864.22 856.54 859.50 846.58 837.74 815.09 806.60 813.64 812.94 802.55 790.66 792.70
745.68 734.04 743.71 726.05 711.11 677.98 669.83 681.42 679.27 667.10 652.90 656.78
7.24 7.32 7.47 7.37 7.31 7.27 7.28 7.31 7.45 7.53 7.42 7.54
0.54 0.53 0.51 0.51 0.50 0.49 0.49 0.49 0.49 0.49 0.47 0.47
0.33 0.33 0.33 0.30 0.27 0.32 0.32 0.31 0.30 0.30 0.30 0.30
97.61 97.25 94.06 91.04 88.62 82.69 82.89 85.63 87.12 84.58 83.12 87.14
0.53 0.53 0.52 0.52 0.52 0.51 0.51 0.51 0.53 0.54 0.55 0.55
566.15 567.96 561.86 560.08 558.70 556.58 555.37 554.62 553.89 554.74 553.60 553.94
1.15 1.15 1.13 1.11 1.08 1.03 1.02 1.04 1.04 1.02 1.00 1.00
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
554.33 553.39 552.89 552.41 551.93 552.13 551.63 551.68 550.77 550.01 550.25 549.57
977.02 966.73 964.61 974.42 1030.28 1019.17 1016.51 1043.61 1039.81 1030.53 1050.09 1078.92
4.80 4.69 4.72 4.72 4.94 4.82 4.77 4.77 4.70 4.64 4.69 4.69
801.51 794.26 795.67 801.19 821.26 816.43 814.96 820.35 816.25 810.44 818.68 828.69
669.98 660.66 664.21 676.19 703.86 699.54 699.59 706.71 701.70 693.85 707.01 725.53
7.65 7.72 7.63 7.75 7.68 7.55 7.50 7.56 7.56 7.61 7.72 7.89
0.47 0.47 0.46 0.45 0.45 0.44 0.44 0.43 0.42 0.44 0.42 0.43
0.31 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.31
90.78 90.35 88.89 90.90 87.70 79.59 77.75 79.52 74.51 71.78 75.72 78.04
0.57 0.57 0.57 0.57 0.56 0.56 0.56 0.56 0.54 0.52 0.53 0.54
554.33 553.39 552.89 552.41 551.93 552.13 551.63 551.68 550.77 550.01 550.24 549.57
1.02 1.01 1.01 1.03 1.07 1.07 1.07 1.08 1.07 1.06 1.08 1.11
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
549.21 548.18 546.93 546.50 546.04 546.03 548.87 548.43 547.28 546.21 545.29 544.22
1075.84 1073.46 1065.50 1085.57 1083.32 1083.27 1115.75 1102.57 1103.40 1115.49 1130.66 1102.54
4.57 4.54 4.66 4.60 4.53 4.46 4.51 4.70 4.75 4.71 4.91 4.86
821.27 820.63 824.53 830.39 828.92 825.14 839.05 838.86 844.20 851.04 865.05 858.88
714.59 716.16 724.15 737.46 738.05 732.25 752.39 747.01 759.03 776.61 799.69 794.22
7.88 7.88 7.89 7.96 8.10 8.20 8.19 8.20 8.16 8.18 8.33 8.61
0.43 0.42 0.43 0.43 0.43 0.43 0.43 0.43 0.44 0.47 0.48 0.47
0.31 0.31 0.31 0.32 0.32 0.33 0.33 0.32 0.31 0.31 0.32 0.32
76.86 76.59 74.56 76.76 78.08 76.14 78.86 76.08 76.74 80.65 81.90 79.90
0.55 0.53 0.53 0.53 0.52 0.51 0.50 0.50 0.50 0.49 0.48 0.48
549.21 548.18 546.93 546.50 546.04 546.03 548.87 548.43 547.28 546.21 545.56 544.81
1.09 1.09 1.10 1.12 1.13 1.12 1.15 1.14 1.16 1.18 1.22 1.21
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
543.84 543.59 544.25 543.92 543.08 543.06 544.37 547.50 549.54 551.35 552.73 554.97
1071.68 1066.91 1089.83 1077.74 1067.36 1066.08 1083.04 1038.83 988.71 937.42 850.86 827.52
5.03 5.07 5.39 5.32 5.21 5.08 5.10 5.01 5.14 5.50 5.70 6.07
861.20 861.53 887.52 890.66 881.94 878.93 888.18 869.30 855.52 836.82 819.75 842.20
800.29 800.81 843.66 857.98 845.05 843.87 859.64 822.49 790.90 737.90 704.27 743.87
8.07 7.83 8.42 8.73 8.76 8.54 8.16 8.08 7.69 7.22 7.08 7.11
0.47 0.47 0.46 0.45 0.45 0.46 0.47 0.47 0.47 0.45 0.44 0.43
0.32 0.32 0.32 0.32 0.33 0.34 0.33 0.34 0.34 0.31 0.30 0.28
78.13 71.06 68.44 69.62 71.30 68.60 71.34 71.73 68.53 57.58 54.75 55.46
0.48 0.48 0.48 0.48 0.47 0.48 0.48 0.48 0.48 0.48 0.49 0.49
543.84 543.58 544.25 543.92 543.08 543.06 544.37 547.50 549.54 551.35 552.73 554.97
1.22 1.22 1.29 1.31 1.29 1.29 1.31 1.25 1.21 1.13 1.07 1.13
Janvier Février Mars
564.19 566.80 568.53
818.69 819.40 806.32
6.24 6.16 5.82
811.25 843.40 842.58
751.34 726.52 739.97
7.14 7.13 7.08
0.42 0.43 0.43
0.29 0.30 0.28
57.19 56.78 56.93
0.52 0.50 0.47
564.19 566.98 568.38
1.15 1.11 1.13
Avril Mai Juin
568.50 567.21 567.97
833.80 872.06 911.11
5.76 5.86 5.88
847.85 861.30 877.37
749.48 771.60 796.07
7.13 7.29 7.29
0.43 0.43 0.44
0.26 0.25 0.26
62.96 67.60 70.52
0.46 0.47 0.47
568.50 567.21 567.97
1.14 1.18 1.21
2003
2003 2004 2005 2006 2007 2003
2004
January February March April May June July August September October November December 2004
2005
January February March April May June July August September October November December 2005
2006
January February March April May June July August September October November December 2006
2007
January February March April May June July August September October November December 2007
2008
January February March April May June July August September October November December 2008
2009
January February March April May June July August September October November December
2009
Trim I
Trim I
Trim II
January February March Trim II
Source : BNR, Statistics Departement
April May June
TAB.EVOLUTION TRIMESTRIELLE DES TAUX D'INTERET DE 2007-2009 (en pourcentage à fin période)/QUATERLY EVOLUTION OF THE INTEREST RATES 2007-2009
2007 Mars
Juin
2008
Septembre
Décembre
Mars
Juin
2009 Septembre
Decembre
January
February
March
April
May
Juin
Taux d'intérêt créditeur moyen (BCM)
7.86
7.65
7.35
6.77
5.69
6.05
6.40
6.72
6.36
6.33
7.66
8.23
10.41
10.16 Average deposit Interest rate (BCM)
Taux d'intérêt débiteur moyen (BCM)
15.98
16.03
15.84
16.19
15.63
16.20
-
16.51
16.33
16.18
15.74
16.81
16.64
16.89 Average lending Interest rate (BCM)
7.98
6.33
5.20
6.00
8.00
6.62
6.97
7.69
8.67
9.15
7.49
4.95
5.47
Taux sur le marché interbancaire moyen (BCM)
6.94 Average interbank market interest Rate (BCM)
Taux moyen sur le Marché monétaire (BNR): - A la ponction - A l'injection
Average money market interest rate (BNR): 8.71
5.59
5.52
5.26
5.24
6.59
-
-
-
-
-
-
- Mopping up
-
-
-
-
-
-
-
-
-
-
-
-
- Injection
6.55
6.56
7.28
6.50
5.29
-
11.05
-
-
- Discount Rate (BNR)
Repo Rate Reverse Repo Taux de refinancement (BNR)
12.5
12.5
12.5
12.5
12.5
12.5
8.55
11.25
12.87
-
-
9.57
7.03
6.62
5.89
6.22
6.5
7.02
7.72
na
na
na
2.49
4.64
5.50 Rate on Repo
Taux moyen pondéré sur le marché des bons du Trésor Source : Statistics Department
7.69
9.72
10.09 Average weighted rate on treasury bills market
II. FINANCES PUBLIQUES/PUBLIC FINANCE
TAB. II.1: Operations of the Central Government (in millions RWF)
January 2009 February 2009 March 2009
Quarter 1 - 2009 April 2009
May 2009
June 2009 Quarter 2 - 2009
Revenue and grants
29 319.7
37 497.1
65 805.1
132 621.8
80 215.7
31 634.8
92 211.5
204 062.0
Total revenue
29 319.7
29 951.0
34 806.3
94 077.0
29 082.9
29 712.1
40 743.0
99 538.0
Tax revenue
28 050.0
28 991.2
34 087.3
91 128.5
27 238.0
27 106.3
37 998.5
92 342.8
8 304.1
8 040.1
15 087.2
31 431.4
8 439.3
9 523.8
18 486.8
36 449.9
Tax on goods and sevices
15 978.4
16 263.3
13 921.5
46 163.2
14 378.9
13 683.2
14 745.9
42 808.0
Tax on International Trade
3 767.5
4 687.8
5 078.6
13 533.9
4 419.8
3 899.3
4 765.8
13 084.9
1 269.7
959.8
719.0
2 948.5
1 844.9
2 605.8
2 744.5
7 195.2
816.6
1.1
0.0
817.7
184.6
0.0
0.0
184.6
0.0
0.0
0.0
0.0
0.0
1 248.9
0.0
1 248.9
314.9
222.7
61.1
598.7
28.9
35.2
18.5
82.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Total Grants
0.0
7 546.1
30 998.8
38 544.8
51 132.8
1 922.7
51 468.5
104 524.0
Budgetary grants
Direct Taxes
Non -Tax revenue of which : strategic stock ( fuel product) BNR Dividends ID cards Receipts+Driving Licence Licence fee for telephone line (RURA)
0.0
7 546.1
3 852.8
11 398.8
51 132.8
1 922.7
39 107.8
92 163.3
United Kingdom
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
MTF Demobilisation (incl. German)
0.0
335.0
0.0
335.0
0.0
0.0
0.0
0.0
United Kingdom ( Education)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
United Kingdom ( Health)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
UK VUP
0.0
0.0
3 852.8
0.0
0.0
0.0
0.0
EU
0.0
0.0
0.0
0.0
0.0
0.0
8 649.2
8 649.2
Other ( Sweden)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
IDA PRSC
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
AU Grant ( Peace Keeping)
0.0
0.0
0.0
0.0
6 367.1
0.0
6 168.1
12 535.2
AFDB
0.0
0.0
0.0
0.0
0.0
0.0
19 491.9
19 491.9
Belgium
0.0
0.0
0.0
0.0
0.0
1 922.7
2 387.2
4 309.9
German
0.0
7 211.1
0.0
7 211.1
0.0
0.0
311.4
311.4
Netherland
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
World Bank
0.0
0.0
0.0
0.0
44 765.7
0.0
0.0
44 765.7
IFAD HIPC Savings
0.0
0.0
0.0
0.0
0.0
0.0
2 100.0
2 100.0
Paris Club
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Fast Track Multidonors( Education)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Education sectors Grants
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
CDF( Budget support)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
27 146.0
27 146.0
0.0
0.0
12 360.7
12 360.7 166 802.3
Capital Grants Total expenditure and net lending
49 030.2
36 806.7
99 290.0
185 126.8
62 549.6
42 011.7
62 241.0
Current Expenditures
39 828.1
26 938.4
42 569.9
109 336.3
46 651.7
27 676.6
23 255.3
97 583.6
Wages and salaries
9 428.5
6 140.4
7 340.9
22 909.8
9 914.9
6 838.3
6 803.9
23 557.1
Civil
7 178.0
3 965.5
5 233.6
16 377.1
7 604.8
4 707.1
4 784.2
17 096.1
Defense
2 250.5
2 174.9
2 107.3
6 532.7
2 310.1
2 131.2
2 019.7
6 461.0
Purchases of goods and services
11 643.4
7 282.4
8 515.8
27 441.6
11 354.5
9 986.6
9 178.9
30 520.0
Civil
8 506.3
4 493.7
5 370.5
18 370.5
8 117.6
9 865.8
9 074.2
27 057.6
Defense
3 137.1
2 788.7
3 145.3
9 071.1
3 236.9
120.8
104.7
3 462.4
320.5
78.3
1 360.0
1 758.8
829.3
102.4
1 963.9
2 895.6
0.0
0.0
1 091.3
1 091.3
37.6
0.0
1 394.6
1 432.2
320.5
78.3
268.7
667.5
791.7
102.4
569.3
1 463.4
Interests payment Domestic interests ( paid) External interest ( paid)
TAB. II.1: Operations of the Central Government (in millions RWF)
Transfers
15 508.6
10 222.5
16 294.2
42 025.3
18 670.3
9 863.8
4 890.8
33 424.9
2 927.1
3 214.8
9 059.0
15 200.9
5 882.7
885.5
417.8
7 186.0
1 200.8
1 103.8
1 199.7
3 504.2
1 217.5
44.7
0.0
1 262.2
338.6
181.0
482.6
1 002.3
1 637.8
156.7
117.4
1 911.9
0.0
0.0
0.0
0.0
354.1
879.1
5 384.3
6 617.4
1 443.3
173.9
204.9
1 822.1
Resettlement of refugees
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Strategic stock (fuel product)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Emergency desaster expenditure
0.0
130.2
245.8
376.1
0.0
0.0
0.0
0.0
47.7
65.3
1 533.2
1 646.2
0.0
0.0
0.0
0.0
986.0
855.3
213.4
2 054.7
1 584.1
510.2
95.5
2 189.8
8 454.7
8 966.7
52 846.9
70 268.3
12 329.0
14 136.4
38 207.9
64 673.3
8 454.7
8 966.7
17 272.9
34 694.3
12 329.0
14 136.4
4 881.9
31 347.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Agriculture guarantee fund
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Foreign revenue
0.0
0.0
35 574.0
35 574.0
0.0
0.0
33 326.0
33 326.0
Exceptional Social Exependiture Assistance to victims of Genocide ( FARG)
Demobilisation / Reintegration Troops withdrawal Peace keeping operations
ID Cards Other Capital expenditure Domestic of which CDF
Net lending
0.0
747.4
901.6
3 873.2
5 522.2
3 568.9
198.7
777.8
4 545.4
Primary deficit ( including exceptional expenditures)
-18 642.6
-5 875.8
-23 676.5
-48 194.9
-29 068.5
-11 998.5
14 569.7
-26 497.3
Primary deficit ( excluding exceptional expenditures)
-16 036.0
-2 739.3
-15 977.5
-34 752.8
-24 015.1
-11 215.4
13 023.6
-22 206.9
Including grants
-19 710.5
690.4
-33 484.9
-52 505.0
17 666.1
-10 376.9
29 970.5
37 259.7
Excluding grants
-19 710.5
-6 855.7
-64 483.7
-91 049.8
-33 466.7
-12 299.6
-21 498.0
-67 264.3
Change in arrears ( net reduction)
-877.0
-531.5
-565.3
-1 973.8
-2 258.9
-873.0
205.2
-2 926.7
Domestic
-877.0
-531.5
-565.3
-1 973.8
-2 258.9
-873.0
205.2
-2 926.7
Payments (old) + float
-898.2
-535.3
-571.8
-2 005.3
-1 883.8
-1 043.9
-338.8
-3 266.5
21.2
3.8
6.5
31.5
-375.1
170.9
544.0
339.8
External
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Payments
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
New accumulation
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-20 587.4
158.9
-34 050.2
-54 478.8
15 407.2
-11 249.9
30 175.7
34 333.0
20 587.4
-158.9
34 050.2
54 478.8
-15 407.2
11 249.9
-30 175.7
-34 333.0
-493.7
-148.7
8 307.2
7 664.7
-283.6
-162.7
18 860.8
18 414.5
0.0
0.0
8 428.0
8 428.0
0.0
0.0
20 965.3
20 965.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
IDA (Demob)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Fonds OPEC
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
AFDB loans
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Project loans
0.0
0.0
8 428.0
8 428.0
0.0
0.0
20 965.3
20 965.3
Amortization (due)
-493.7
-148.7
-120.8
-763.3
-283.6
-162.7
-2 104.5
-2 550.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Domestic Financing
21 081.1
-10.1
25 743.0
46 814.0
-15 123.6
11 412.6
-49 036.5
-52 747.5
Banking system ( monetary survey)
New accumulations
Deficit ( cash basis) Financing Foreign Financing (net) Drawings Budgetary loans
Exceptional Financing
-1 400.0
2 000.0
22 800.0
23 400.0
-13 098.1
9 929.4
-44 464.8
-47 633.5
Non Bank ( Net)
-900.0
-200.0
-1 200.0
-2 300.0
-2 025.7
1 483.4
-4 572.2
-5 114.5
Government Securities ( Net)
-900.0
-200.0
-1 200.0
-2 300.0
-200.0
700.0
0.0
500.0
-900.0
-200.0
-1 200.0
-2 300.0
-200.0
700.0
0.0
500.0
Non Bank T/Bonds
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Non Bank Sector Debt Repayment
0.0
0.0
0.0
0.0
-1 825.7
783.4
-4 572.2
-5 614.5
Repayment to CSR
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Repayment to CSS
0.0
0.0
0.0
0.0
-418.3
-27.2
-1 898.9
-2 344.4
Non Bank T/Bills
Repayment to OCIR THE
0.0
0.0
0.0
0.0
0.0
0.0
-1 159.0
-1 159.0
Non Bank Debt Repayment (old arrears)
0.0
0.0
0.0
0.0
-1 407.4
810.6
-430.4
-1 027.2
Non Bank borrowing (CSR BK shares)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
BACAR and BCR Restructuring Debt
0.0
0.0
0.0
0.0
0.0
0.0
-505.2
-505.2
Repayment Development Bonds
0.0
0.0
0.0
0.0
0.0
0.0
-578.7
-578.7
Repayment Consolidated debt to BNR
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
22 002.9
-3 193.7
-1 783.5
17 025.6
0.0
0.0
0.0
0.0
Drawdown of projects and Districts Accounts Source: MINECOFIN
TAB. II.2 : Development of current revenue of the Government Budget (in millions Rwf)
Taxes on Incomes
FISCAL REVENUE Property Taxes on taxes goods and
Taxes on International
Non Tax revenue
Total Revenue
PERIOD 2001
23 900.5
612.5
41 045.3
13 956.5
6 691.2
86 206.0
2002
29 499.8
748.8
47 852.1
16 705.1
6 595.2
101 401.0
2003
34 402.8
675.4
57 460.2
22 113.1
7 690.9
122 342.5
2004
37 427.0
665.3
71 430.4
25 601.7
12 320.9
147 445.3
2005
50 688.2
749.3
82 905.7
28 205.5
17 732.6
180 281.3
2006
64 536.1
828.1
95 536.7
30 284.6
14 564.9
205 750.4
2007
85 754.7
0.0
121 143.6
31 047.6
14 228.3
252 174.2
2008
85 754.7
0.0
121 143.6
31 047.6
14 228.3
252 174.2
24 385.6
2002 1st Quarter
6 572.0
587.8
10 458.4
3 307.9
3 459.5
January
1 765.9
34.9
3 428.5
1 186.3
1 188.3
7 603.9
February
1 284.1
88.8
3 388.4
1 035.3
105.1
5 901.7
March
3 522.0
464.1
3 641.5
1 086.3
2 166.1
10 880.0
7 025.5
113.9
11 129.8
3 374.3
640.0
22 283.5
April
1 723.0
86.3
3 560.5
1 110.8
120.9
6 601.5
May
1 824.2
14.9
3 910.8
1 157.7
178.1
7 085.7
June
3 478.3
12.7
3 658.5
1 105.8
341.0
8 596.3
2nd Quarter
3rd quarter
7 958.9
28.9
12 817.0
4 219.5
663.8
25 688.1
July
2 541.3
7.6
3 810.2
1 284.8
196.2
7 840.1
August
1 640.3
14.0
4 431.1
1 208.4
333.0
7 626.8
September
3 777.3
7.3
4 575.7
1 726.3
134.6
10 221.2 29 043.8
4th Quarter
7 943.4
18.2
13 446.9
5 803.4
1 831.9
October
2 246.4
5.3
3 963.1
1 631.6
645.6
8 492.0
November
1 780.0
7.7
4 500.5
1 690.9
451.0
8 430.1
December Total Annual
3 777.3
5.2
4 983.3
2 480.9
735.3
11 982.0
29 499.8
748.8
47 852.1
16 705.1
6 595.2
101 401.0
2003 1st Quarter
6 814.9
347.7
13 176.3
4 607.6
2 971.0
27 917.5
January
1 729.5
9.6
4 054.8
1 371.4
442.5
7 607.8
February
1 876.1
41.1
4 451.5
1 365.7
435.1
8 169.5
March
3 209.3
297.0
4 670.0
1 870.5
2 093.4
12 140.2
2nd Quarter
10 253.9
164.7
14 258.1
5 760.3
1 623.6
32 060.6
April
2 423.6
62.0
4 652.1
1 737.4
237.7
9 112.8
May
2 939.1
52.3
4 478.8
2 018.0
419.8
9 908.0
June
4 891.2
50.4
5 127.2
2 004.9
966.1
13 039.8
3rd quarter
7 678.1
119.1
15 097.5
5 756.8
1 796.7
30 448.2
July
2 527.6
49.9
4 661.2
1 921.6
527.1
9 687.4
August
2 063.6
40.2
5 207.0
1 925.5
582.2
9 818.5
September
3 086.9
29.0
5 229.3
1 909.7
687.4
10 942.3
4th Quarter
9 655.9
43.9
14 928.3
5 988.4
1 299.7
31 916.2
October
2 787.3
17.9
5 155.4
2 167.2
514.3
10 642.1
November
1 952.1
9.8
4 634.1
1 807.8
274.9
8 678.7
December
4 916.5
16.2
5 138.8
2 013.4
510.5
12 595.4
34 402.8
675.4
57 460.2
22 113.1
7 691.0
122 342.5
Total Annual
TAB. II.2 : Development of current revenue of the Government Budget (in millions Rwf) 2004 1st Quarter
9 781.1
518.1
16 045.2
5 552.4
3 950.8
35 847.6
January
3 129.9
26.2
5 497.2
1 796.5
908.8
11 358.6
February
2 033.9
33.3
5 182.9
1 813.3
604.5
9 667.9
March
4 617.3
458.6
5 365.1
1 942.6
2 437.5
14 821.1
9 136.2
91.8
17 282.0
6 234.6
2 468.6
35 213.2
April
2 443.1
50.8
5 791.3
1 941.6
453.6
10 680.4
2nd Quarter
May
2 142.9
22.8
5 675.9
2 026.9
423.2
10 291.7
June
4 550.2
18.2
5 814.8
2 266.1
1 591.8
14 241.1
3rd quarter
8 602.4
40.8
19 835.9
5 957.5
3 257.6
37 694.2
July
2 659.8
12.3
5 663.5
2 103.2
454.9
10 893.7
August
2 306.6
12.5
7 955.5
2 322.0
1 269.3
13 865.9
September
3 636.0
16.0
6 216.9
1 532.3
1 533.4
12 934.6 38 690.3
4th Quarter
9 907.3
14.6
18 267.3
7 857.2
2 643.9
October
2 471.9
5.6
6 035.3
2 385.8
465.9
11 364.5
November
2 629.2
4.8
6 068.5
2 402.4
235.8
11 340.7
December Total Annual
4 806.2
4.2
6 163.5
3 069.0
1 942.2
15 985.1
37 427.0
665.3
71 430.4
25 601.7
12 320.9
147 445.3
42 592.6
2005 1st Quarter
11 315.4
633.1
18 999.7
6 572.2
5 072.2
January
3 092.8
37.2
6 377.9
1 743.8
784.7
12 036.4
February
2 498.2
103.9
5 917.5
1 827.4
526.8
10 873.8 19 682.4
March 2nd Quarter April
5 724.4
492.0
6 704.3
3 001.0
3 760.7
13 160.1
65.6
20 586.0
6 912.4
4 344.4
45 068.5
3 059.2
44.2
6 597.4
1 903.5
2 231.1
13 835.4
May
2 797.6
21.4
6 935.4
2 495.8
963.6
13 213.8
June
7 303.3
16.8
7 053.2
2 513.1
1 149.7
18 036.1
3rd Quarter
13 115.2
26.5
21 405.2
7 223.1
2 145.4
26 424.2
July
3 668.7
12.5
6 787.4
1 968.0
595.7
13 032.3
August
2 628.1
14.0
7 151.1
2 757.4
841.3
13 391.9
September
6 818.4
11.0
7 466.7
2 497.7
708.4
17 502.2 48 704.8
4th Quarter
13 097.5
24.1
21 914.8
7 497.8
6 170.6
October
3 151.2
11.2
6 978.1
2 424.2
1 954.5
14 519.2
November
3 271.9
8.5
6 866.0
2 258.0
2 257.2
14 661.6
December Total Annual
6 674.4
4.4
8 070.7
2 815.6
1 958.9
19 524.0
50 688.2
749.3
82 905.7
28 205.5
17 732.6
180 281.3
47 786.3
2006 1st Quarter
13 915.4
707.5
21 529.4
7 313.8
4 320.2
January
3 025.3
56.4
7 220.8
2 192.9
1 043.6
13 539.0
February
3 141.9
125.3
6 920.0
2 253.2
454.0
12 894.4 21 352.9
March 2nd Quarter April
7 748.2
525.8
7 388.6
2 867.7
2 822.6
17 561.4
69.7
22 813.2
7 056.4
2 623.7
50 124.4
3 601.5
32.0
6 951.1
1 937.7
1 310.8
13 833.1
May
3 922.7
19.1
7 421.9
2 497.0
670.6
14 531.3
June
10 037.2
18.6
8 440.2
2 621.7
642.3
21 760.0
15 616.3
21.3
25 437.1
7 751.8
3 083.2
51 909.7
7 803.0
2 877.3
1 033.5
15 354.4
8 547.1
2 644.2
1 053.6
16 466.9
3rd Quarter July
3 640.6
August
4 209.1
September
12.9
7 766.6
8.4
9 087.0
2 230.3
996.1
20 088.4
17 443.0
29.6
25 757.0
8 162.6
4 537.8
55 930.0
October
4 352.7
5.2
8 220.5
2 503.9
1 094.5
16 176.8
November
4 099.7
5.0
8 211.0
2 642.2
1 746.6
16 704.5
4th Quarter
December Total Annual
8 990.6
19.5
9 325.5
3 016.5
1 696.7
23 048.8
64 536.1
828.1
95 536.7
30 284.6
14 564.9
205 750.4
TAB. II.2 : Development of current revenue of the Government Budget (in millions Rwf)
2007 1st Quarter
18 841.9
0.0
27 823.4
6 967.2
3 100.0
32 395.9
January
4 229.1
0.0
9 411.1
2 257.2
638.0
16 535.4
February
4 894.1
0.0
8 260.9
2 005.5
700.0
15 860.5
March
9 718.7
0.0
10 151.4
2 704.5
1 762.0
24 336.6
24 583.1
0.0
29 709.3
8 440.2
4 961.9
67 694.5
6 217.3
0.0
9 766.9
3 023.8
1 455.4
20 463.4
2nd Quarter April May
6 135.5
0.0
9 555.4
2 729.5
2 479.8
20 900.2
June
12 230.3
0.0
10 387.0
2 686.9
1 026.7
26 330.9 62 092.2
3rd Quarter
20 675.7
0.0
29 938.9
7 982.0
3 495.6
July
5 407.2
0.0
9 604.9
2 331.8
1 325.1
18 669.0
August
5 386.5
0.0
10 403.5
3 217.2
1 182.4
20 189.6
September
9 882.0
0.0
9 930.5
2 433.0
988.1
23 233.6
21 654.0
0.0
33 672.0
7 658.2
2 670.8
65 655.0
October
6 092.1
0.0
10 213.7
2 499.0
1 066.0
19 870.8
November
5 744.6
0.0
11 894.7
2 583.3
1 047.4
21 270.0
4th Quarter
December Total Annual
9 817.3
0.0
11 563.6
2 575.9
557.4
24 514.2
85 754.7
0.0
121 143.6
31 047.6
14 228.3
252 174.2
2008 1st Quarter
24 730.8
0.0
34 952.7
8 757.6
2 137.2
70 578.3
January
6 770.0
0.0
11 690.3
2 650.6
1 069.0
22 179.9
February
6 431.0
0.0
11 614.9
2 644.3
474.2
21 164.4
March
11 529.8
0.0
11 647.5
3 462.7
594.0
27 234.0
36 190.6
0.0
36 443.4
9 804.0
8 628.6
91 066.5
9 788.9
0.0
10 822.7
2 873.2
2 269.9
25 754.7
2nd Quarter April May
7 517.8
0.0
12 672.8
3 450.9
889.7
24 531.2
June
18 883.9
0.0
12 947.9
3 479.9
5 469.0
40 780.7
Semester 1
60 921.4
0.0
71 396.1
18 561.6
10 765.8
161 644.8
3rd Quarter
29 851.5
0.0
43 047.1
11 215.7
3 753.2
87 867.5
July
7 569.6
0.0
13 301.8
3 501.6
749.9
25 122.9
August
7 186.8
0.0
13 801.8
3 694.9
1 505.4
26 188.9
September
15 095.1
0.0
15 943.5
4 019.2
1 497.8
36 555.6 131 466.7
4th Quarter
32 300.4
0.0
47 254.4
14 146.3
37 765.6
October
9 216.6
0.0
15 842.4
4 249.4
1 617.1
30 925.5
November
6 854.7
0.0
14 826.8
4 201.9
1 302.3
27 185.7
December Semester 2 Total Annual
16 229.1
0.0
16 585.2
5 695.0
34 846.2
73 355.5
62 151.9
0.0
90 301.5
25 362.0
41 518.7
219 334.1
123 073.3
0.0
161 697.6
43 923.6
52 284.5
380 979.0
31 431.4
0.0
46 163.2
13 533.9
2 948.5
94 077.0
2009 1st Quarter January
8 304.1
0.0
15 978.4
3 767.5
1 269.7
29 319.7
February
8 040.1
0.0
16 263.3
4 687.8
959.8
29 951.0
March
15 087.2
0.0
13 921.5
5 078.6
719.0
34 806.3
2nd Quarter
36 449.9 April
8 439.3
0.0 0.0
42 808.0 14 378.9
13 084.9 4 419.8
7 195.2 1 844.9
99 538.0 29 082.9
May
9 523.8
0.0
13 683.2
3 899.3
2 605.8
29 712.1
June
18 486.8
0.0
14 745.9
4 765.8
2 744.5
40 743.0
Source : MINECOFIN
TAB. II.3:
Development of current expenditure of the government ordinary Budget (in millions RWF)
Goods and services
Types of Expenditure Wages and salaries Interests payment
Total Expenditure Grants and transfers
Exceptional
Period 2001
30 620.5
39 266.4
15 100.0
106 492.6
2002
35 157.3
40 822.3
7 769.5
20 368.2
28 565.9
132 683.2
2003
45 304.6
44 011.4
10 178.1
6 300.0
22 010.1
15 205.7
41 612.6
163 116.8
2004
50 329.0
52 414.1
11 909.8
40 660.2
19 534.9
174 848.0
2005
64 466.6
51 205.1
10 537.5
53 538.7
35 381.3
215 129.2
2006
71 634.9
62 194.5
11 439.6
72 564.4
33 474.9
251 308.3
2007
77 982.1
73 720.6
10 980.8
103 595.3
46 948.6
313 227.4
2008
80 326.9
84 178.7
12 612.3
130 445.8
60 937.8
368 501.4
2002 1st quarter
9 256.0
9 696.9
2 030.6
4 112.7
4 072.2
29 168.4
January
4 274.2
3 283.0
897.6
988.7
1 194.6
10 638.1
February
3 554.5
3 173.5
308.4
1 531.1
2 151.3
10 718.8
March
1 427.3
3 240.4
824.6
1 592.9
726.3
7 811.5
11 093.9
10 362.8
1 135.7
5 315.0
2 121.9
30 029.3
4 698.3
3 370.8
455.5
1 827.5
733.5
11 085.6
1 041.2
12 243.7
2nd quarter April May June 3rd quarter July
4 763.0
3 577.1
519.5
2 342.9
1 632.6
3 414.9
160.7
1 144.6
347.2
6 700.0
8 902.4
10 342.7
2 398.4
4 668.3
6 058.1
32 369.9
3 475.7
1 358.1
1 677.5
12 653.9
3 824.8
2 317.8
August
2 702.5
3 510.2
649.5
1 188.1
1 154.1
9 204.4
September
2 375.1
3 356.8
390.8
1 162.4
3 226.5
10 511.6
5 905.0
10 419.9
2 204.8
6 272.2
16 313.7
41 115.6 16 942.9
4th quarter October
3 161.9
3 521.1
699.1
2 482.6
7 078.2
November
1 317.3
3 697.5
949.8
1 994.3
5 201.0
December
1 425.8
3 201.3
555.9
1 795.3
4 034.5
11 012.8
35 157.3
40 822.3
7 769.5
20 368.2
28 565.9
132 683.2
Total Annual
13 159.9
2003 1st quarter
8 530.1
10 791.4
2 724.5
January
3 318.3
3 533.7
1 539.5
497.2
748.7
9 637.4
February
3 555.0
3 806.2
650.4
3 227.2
2 346.9
13 585.7
March 2nd quarter April
5 701.1
6 786.5
34 533.6
1 656.8
3 451.5
534.6
1 976.7
3 690.9
11 310.5
13 468.8
10 979.8
2 612.4
5 045.6
7 550.6
39 657.1
8 581.7
3 857.0
1 106.2
2 095.1
3 351.1
18 991.1 10 881.7
May
2 408.6
3 566.5
711.0
1 292.2
2 903.4
June
2 478.4
3 556.3
795.2
1 658.3
1 296.1
9 784.3
9 549.2
11 025.9
1 763.7
5 308.1
16 449.4
44 096.3
3 976.3
3 903.9
826.5
2 969.8
7 499.9
19 176.4
3rd quarter July August
541.2
1 188.2
5 036.0
13 104.0
2 780.7
3 575.6
396.0
1 150.1
3 913.5
11 815.9
13 756.5
11 214.4
3 077.5
5 955.3
10 826.1
44 829.8
October
7 080.5
3 823.9
1 179.0
1 852.7
2 435.4
16 371.5
November
4 238.0
3 567.2
414.3
1 740.8
1 663.0
11 623.3
December
2 438.0
3 823.3
1 484.2
2 361.8
6 727.7
16 835.0
45 304.6
44 011.4
10 178.1
22 010.1
41 612.6
163 116.8
September 4th quarter
Total Annual
2 792.2
3 546.4
2004 1st quarter
12 156.2
11 050.1
2 724.5
7 461.7
5 463.2
38 855.7
January
4 932.3
3 533.6
1 539.5
1 695.7
1 561.5
13 262.6
February
4 230.8
4 032.4
650.4
4 189.5
2 750.6
15 853.7
March
2 993.1
3 484.1
534.6
1 576.5
1 151.1
9 739.4
11 598.0
13 075.4
2 802.4
9 258.6
4 470.5
41 204.9
4 435.0
1 106.2
2nd quarter
1 463.4
15 966.9
May
3 911.0
4 812.8
911.0
2 058.1
1 723.3
13 416.2
June
April
2 714.2
3 827.6
785.2
3 211.0
1 283.8
11 821.8
14 833.2
11 233.9
3rd quarter
4 972.8
3 989.5
14 665.2
2 812.4
5 074.2
48 618.9
July
6 974.8
4 676.4
1 106.2
4 627.3
1 532.2
18 916.9
August
3 953.8
4 045.5
911.0
3 176.2
2 333.1
14 419.6
September
3 904.6
5 943.3
795.2
3 430.4
1 208.9
15 282.4
11 741.6
13 623.4
3 570.5
12 706.0
4 527.0
46 168.5 16 409.8
4th quarter October
4 855.4
4 326.0
1 129.0
3 787.0
2 312.4
November
1 958.0
4 372.8
954.3
4 749.3
1 067.0
December
4 928.2
4 924.6
1 487.2
4 169.7
1 147.7
16 657.4
50 329.0
52 414.1
11 909.8
40 660.2
19 534.9
174 848.0
Total Annual
13 101.4
2005 1st quarter
12 621.4
12 259.4
2 627.2
8 247.4
4 042.6
39 798.0
January
3 856.4
4 317.9
1 217.4
3 749.5
1 449.1
14 590.3
February
5 198.1
4 252.2
384.3
2 320.1
1 355.0
13 509.7
March
3 566.9
3 689.3
1 025.5
2 177.8
1 238.5
11 698.0
15 886.0
12 033.6
2 389.0
13 917.2
5 683.8
49 909.6
April
6 899.9
4 741.1
685.4
5 823.3
2 506.0
20 655.7
May
5 419.3
3 875.0
794.7
3 971.1
2 113.6
16 173.7
2nd quarter
June 3rd quarter July
3 417.5
908.9
4 122.8
1 064.2
13 080.2
14 281.1
2 556.8
16 238.5
12 423.8
62 951.5
5 858.8
5 168.8
668.7
6 262.6
4 383.7
22 342.6
August
6 586.3
4 591.1
451.9
5 558.4
2 552.3
19 740.0
September
5 006.2
4 521.2
1 436.2
4 417.5
5 487.8
20 868.9
18 507.9
12 631.0
2 964.5
15 135.6
13 231.1
62 470.1
October
1 640.2
2 643.8
576.5
2 176.5
2 980.5
10 017.5
November
13 226.9
5 727.1
831.2
9 798.9
8 008.1
4th quarter
December Total Annual
3 566.8 17 451.3
37 592.2
3 640.8
4 260.1
1 556.8
3 160.2
2 242.5
14 860.4
64 466.6
51 205.1
10 537.5
53 538.7
35 381.3
215 129.2
TAB. II.3:
Development of current expenditure of the government ordinary Budget (in millions RWF)
Goods and services
Types of Expenditure Wages and salaries Interests payment
Total Expenditure Grants and transfers
Exceptional
Period
2006 1st quarter
13 411.6
12 709.5
1 219.7
17 353.1
10 507.1
55 201.0
January
4 539.6
5 176.6
205.6
2 733.5
4 781.2
17 436.5
February
5 574.8
4 385.2
270.6
5 847.6
3 650.3
19 728.5
March
3 297.2
3 147.7
743.5
8 772.0
2 075.6
18 036.0
22 729.2
15 145.8
2 259.3
18 237.6
9 626.0
67 997.9
April
7 975.3
6 985.8
769.0
7 390.8
4 180.6
27 301.5
May
7 172.3
4 695.6
392.4
7 079.6
3 357.2
22 697.1
June
7 581.6
3 464.4
1 097.9
3 767.2
2 088.2
17 999.3
2nd quarter
3rd quarter
21 080.2
16 751.6
3 395.3
19 447.4
7 095.6
67 770.1
July
7 744.0
6 908.5
1 000.6
6 912.1
2 260.9
24 826.1
August
7 363.6
4 841.5
771.7
5 075.3
3 099.1
21 151.2
September
5 972.6
5 001.6
1 623.0
7 460.0
1 735.6
21 792.8
14 413.9
17 587.6
4 565.3
17 526.3
6 246.2
60 339.3
4th quarter October
6 690.0
5 923.4
1 962.8
6 840.5
2 699.6
24 116.3
November
6 733.0
6 110.6
520.2
8 002.6
2 868.4
24 234.8
December
990.9
5 553.6
2 082.3
2 683.2
678.2
11 988.2
71 634.9
62 194.5
11 439.6
72 564.4
33 474.9
251 308.3
Total Annual
2007 1st Quarter
16 962.4
18 667.7
1 294.9
22 052.1
11 347.2
70 324.3
January
5 635.7
6 248.5
185.4
7 266.7
3 712.8
23 049.1
February
7 298.6
5 723.1
451.7
9 002.6
4 799.3
27 275.3
March
4 028.1
6 696.1
657.8
5 782.8
2 835.1
19 999.9
13 757.9
18 491.8
1 968.7
24 203.9
8 519.4
66 941.7
April
7 358.7
6 070.1
798.7
13 706.4
3 955.9
31 889.8
May
3 983.1
6 382.8
182.0
7 020.5
2 555.0
20 123.4
June
2 416.1
6 038.9
988.0
3 477.0
2 008.5
14 928.5
22 039.6
18 418.0
2 087.8
31 032.0
17 570.1
91 147.5
10 281.3
7 330.1
1 535.8
14 639.1
7 831.7
41 618.0
2nd quarter
3rd quarter July August
6 272.7
5 343.5
278.4
10 885.1
5 652.5
28 432.2
September
5 485.6
5 744.4
273.6
5 507.8
4 085.9
21 097.3
25 221.8
18 142.9
5 629.4
26 307.3
9 512.0
84 813.4 31 058.8
4th quarter October
5 478.5
6 191.6
2 429.3
12 787.3
4 172.1
November
16 670.8
5 785.2
2 392.2
11 049.8
4 377.7
December
3 072.5
6 166.1
807.9
2 470.2
962.2
13 478.9
77 981.7
73 720.4
10 980.8
103 595.3
46 948.7
313 226.9
Total Annual
40 275.7
2008 1st Quarter
17 688.7
19 635.0
2 202.3
30 689.0
12 640.9
82 855.9
January
6 195.5
6 899.1
382.0
12 969.9
4 147.1
30 593.6
February
5 763.4
6 111.9
19.1
9 047.5
5 871.0
26 812.9
March
5 729.8
6 624.0
1 801.2
8 671.6
2 622.8
25 449.4
2nd Quarter
17 435.4
20 435.5
3 673.5
33 527.6
16 016.2
91 088.2
April
7 763.6
7 155.6
768.1
18 975.3
7 850.2
42 512.8
May
5 225.7
6 573.2
864.7
9 039.3
5 486.2
June
27 189.1
4 446.2
6 706.7
2 040.7
5 513.0
2 679.8
21 386.3
Semester 1
35 124.1
40 070.5
5 875.7
64 216.6
28 657.1
173 944.1
3rd Quarter
21 795.1
22 324.1
2 796.6
36 509.4
18 016.1
101 441.4
July
11 737.6
8 359.7
558.2
17 475.6
9 636.2
47 767.4
August
4 691.1
6 812.2
1 753.0
12 424.2
4 870.2
30 550.7
September
5 366.4
7 152.2
485.4
6 609.6
3 509.7
23 123.3
23 407.7
21 784.0
3 939.9
29 719.8
14 264.6
93 115.9
October
14 147.0
9 099.3
705.8
23 312.0
7 997.7
55 261.8
November
6 865.6
6 368.2
1 769.6
3 914.8
4 687.4
December
2 395.1
6 316.5
1 464.5
2 492.9
1 579.5
14 248.5
Semester 2
45 202.8
44 108.1
6 736.6
66 229.2
32 280.6
194 557.3
Annual total
80 326.9
84 178.7
12 612.3
130 445.8
60 937.8
368 501.4
4th Quarter
23 605.7
2009 1st Quarter
27 441.6
22 909.8
1 758.6
42 025.3
15 200.8
109 336.1
January
11 643.4
9 428.5
320.3
15 508.6
2 927.1
39 827.9
February
7 282.4
6 140.4
78.3
10 222.5
3 214.8
26 938.4
March
8 515.8
7 340.9
1 360.0
16 294.2
9 058.9
42 569.8
30 520.0
23 557.1
2 895.6
33 424.9
7 185.9
97 583.5
April
11 354.5
9 914.9
829.3
18 670.3
5 882.6
46 651.6
2nd Quarter
Source : MINECOFIN
May
9 986.6
6 838.3
102.4
9 863.8
885.5
27 676.6
June
9 178.9
6 803.9
1 963.9
4 890.8
417.8
23 255.3
TAB. II.4 :
Monthly Situation of the treasury bills ( in millions Rwf)
Denomination
mars-08
juin-08
Treasury BNR Outstanding of treasury bills(end of period) Banks Non banks Issuance of the treasury bills Banks Non banks Reimbursement of the treasury bills Banks
18 229.1
351.3
sept-08
Treasury BNR 21 927.3
7 135.6
déc-08
Treasury BNR
janv-09
févr-09
mars-09
avr-09
Treasury BNR Treasury BNR Treasury BNR Treasury BNR
11 216.5
9 000.0
9 389.5
0.0
4 536.6
0.0
4 322.3
0.0
222.0
0.0
Treasury BNR 0.0
2 000.0
mai-09
juin-09
Treasury BNR
Treasury BNR
0.0
4 995.0
0.0
6 108.8
16 094.6
0.0
8 829.7
7 135.6
500.0
9 000.0
6 599.4
0.0
2674
0.0
2 674.0
0.0
0.0
0.0
0.0
1 956.9
0.0
4 308.3
0.0
4 908.3
2 134.5
351.3
13 097.6
0.0
10 716.5
0.0
2 790.1
0.0
1862.6
0.0
1 648.3
0.0
222.0
0.0
0.0
43.1
0.0
686.7
0.0
1 200.5
15 000.0
0.0
14 102.9
4 135.6
6 000.0
5 000.0
6 417.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2 000.0
0.0
2 995.0
0.0
1 313.8
13 797.1
0.0
4 500.0
4 135.6
500.0
5 000.0
4 102.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1 956.9
0.0
2 351.4
0.0
600.0
1 202.9
0.0
9 602.9
0.0
5 500.0
0.0
2 314.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
43.1
0.0
643.6
0.0
713.8
2 422.9
1 509.1
5 778.5
3 279.2
18 208.6
5 149.0
14 599.0
0.0
4 852.7
0.0
214.3
0.0
4 100.3
0.0
222.0
0.0
0.0
0.0
0.0
200.0
2 263.9
1 496.9
4 978.7
3 000.0
8 829.7
5 149.0
8 661.3
0.0
3925.2
0.0
0.0
0.0
2674
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Non banks
159.0
12.2
799.8
279.2
9 378.9
0.0
5 937.7
0.0
927.5
0.0
214.3
0.0
1426.3
0.0
222.0
0.0
0.0
0.0
0.0
200.0
Government Bonds
14 257.0
0.0
14 257.0
0.0
14 257.0
0.0
14 257.0
0.0
14 257.0
0.0
14 257.0
0.0
14 257.0
0.0
14 257.0
0.0
14 257.0
0.0
14 257.0
0.0
11 505.9
0.0
11 505.9
0.0
11 505.9
0.0
11 505.9
0.0
11 505.9
0.0
11 505.9
0.0
11 505.9
0.0
11 505.9
0.0
11 505.9
0.0
11 505.9
0.0
2 751.1
0.0
2 751.1
0.0
2 751.1
0.0
2 751.1
0.0
2 751.1
0.0
2 751.1
0.0
2 751.1
0.0
2 751.1
0.0
2 751.1
0.0
2 751.1
0.0
Banks Non banks Source: BNR, Financial Markets Department
TAB. II. 5 :
EVOLUTION DES TIRAGES SUR LES PRETS EXTERIEURS/DEVELOPMENT OF EXTERNAL DEBT DRAWINGS (En millions de FRW)/(In millions of Rwf)
Appuis aux Projets/Projects Support Période
Multilatéraux
Bilatéraux
Total
Appuis budgétaires/Budgetary Support Multilatéraux
Bilatéraux
Total
Total Général
Period
2000
12 204.15
62.76
12 266.91
16 783.11
0.00
16 783.11
29 050.02
2001
15 292.38
59.22
15 351.60
21 611.78
0.00
21 611.78
36 963.38
2001
2002
13 448.90
679.20
14 128.10
26 017.51
362.81
26 380.32
40 508.42
2002
2003
22 860.69
0.00
22 860.69
56 665.13
0.00
56 665.13
79 525.75
2003
2004
25 530.93
0.00
25 530.93
35 919.38
0.00
35 919.38
61 450.31
2004
2005
50 740.31
0.00
50 740.31
5 564.85
0.00
5 564.85
56 305.16
2005
2006
30 529.41
0.00
30 529.41
1 690.91
0.00
1 690.91
32 220.32
2006
2007
44 141.77
4 104.79
48 246.56
2 440.49
0.00
2 440.49
50 687.05
2007
2008
56 254.76
934.85
57 189.61
3 149.85
0.00
3 149.85
60 339.46
2008
2002
2000
13 448.90
679.20
14 128.10
26 017.51
362.81
26 380.32
1er Trim
3 633.35
214.28
3 847.63
134.79
0.00
134.79
3 982.42
1st Quarter
2e Trim
3 200.62
464.92
3 665.54
397.33
0.00
397.33
4 062.87
2nd Quarter
3e Trim
4 098.13
0.00
4 098.13
16.99
362.81
379.80
4 477.93
3rd Quarter
4e Trim
2 516.80
0.00
2 516.80
25 468.40
0.00
25 468.40
27 985.20
4th Quarter
2003
22 860.69
0.00
22 860.69
1er Trim
7 352.40
0.00
7 352.40
2eTrim
4 879.33
0.00
4 879.33
3eTrim
8 568.71
0.00
8 568.71
6 121.62
0.00
6 121.62
14 690.33
3rd Quarter
4eTrim
2 060.25
0.00
2 060.25
47 585.52
0.00
47 585.52
49 645.70
4th Quarter
61 450.31 2004
2004
56 665.13
40 508.42 2002
146.21 2 811.78
0.00
56 665.13
0.00
146.21
79 525.75 2003 7 498.61
1st Quarter
0.00
2 811.78
7 691.11
2nd Quarter
25 530.93
0.00
25 530.93
35 919.38
0.00
35 919.38
1er Trim
4 402.18
0.00
4 402.18
149.91
0.00
149.91
3 433.31
1st Quarter
2è TRIM
6 972.79
0.00
6 972.79
13 823.50
0.00
13 823.50
17 075.98
2nd Quarter
3eTRIM
5 395.14
0.00
5 395.14
12 804.43
0.00
12 804.43
18 199.56
3rd Quarter
4eTRIM
8 760.82
0.00
8 760.82
9 141.54
0.00
9 141.54
17 902.36
4th Quarter
-
5 564.85
2005
50 740.31
-
50 740.31
1er Trim
13 749.10
0.00
13 749.10
5 564.85 733.80
0.00
733.80
14 482.90
56 305.16 2005 1st Quarter
2è Trim
7 194.59
0.00
7 194.59
3 931.23
0.00
3 931.23
11 125.83
2nd Quarter
3eTrim
8 593.35
0.00
8 593.35
604.81
0.00
604.81
9 198.16
3rd Quarter
4eTrim
21 203.27
0.00
21 203.27
295.01
0.00
295.01
21 498.27
4th Quarter
2006
30 529.41
0.00
30 529.41
0.00
1 690.91
1er Trim
7 136.17
0.00
7 136.17
1 690.91 190.65
0.00
190.65
32 220.32 2006 7 326.81
1st Quarter
2è Trim
7 178.91
0.00
7 178.91
1 500.27
0.00
1 500.27
8 679.17
2nd Quarter
3è Trim
4 135.43
0.00
4 135.43
0.00
0.00
0.00
4 135.43
3rd Quarter
4eTrim
12 078.91
0.00
12 078.91
0.00
0.00
0.00
12 078.91
4th Quarter
2007
44 141.77
4 104.79
48 246.56
0.00
2 440.49
1er Trim
8 394.07
628.92
9 022.99
1 217.09
0.00
1 217.09
10 240.08
1st Quarter
2è Trim
16 162.79
2 247.53
18 410.32
0.00
0.00
0.00
18 410.32
2nd Quarter
3è Trim
9 527.94
1 228.34
10 756.28
1 223.40
0.00
1 223.40
11 979.68
3rd Quarter
4eTrim
10 056.97
0.00
10 056.97
0.00
0.00
0.00
10 056.97
4th Quarter
2008
2 440.49
56 254.76
934.85
57 189.61
0.00
3 149.85
1er Trim
15 933.92
244.71
16 178.63
1 007.64
0.00
1 007.64
17 186.27
1st Quarter
2è Trim
17 546.06
604.92
18 150.98
409.90
0.00
409.90
18 560.88
2nd Quarter
3è Trim
14 175.44
11.65
14 187.09
1 580.95
0.00
1 580.95
15 768.04
3rd Quarter
4eTrim
8 599.34
73.57
8 672.91
151.36
0.00
151.36
8 824.27
4th Quarter
2009
14 866.39
24 311.95
1 261.49
60 339.46 2008
-
1 261.49
25 573.44 2009
1er Trim
7 202.63
3 120.27
10 322.90
1 232.58
0.00
1 232.58
11 555.48
1st Quarter
2è Trim
7 663.76
6 325.29
13 989.05
28.91
0.00
28.91
14 017.96
2nd Quarter
Source : BNR, Statistics Department
9 445.56
3 149.85
50 687.05 2007
TAB. II. 6 :
Evolution du service de la dette publique extérieure (en millions de FRW) (Voir Réponse service dû donné au FMI)
Années
Multilatéraux/Multilateral Principal Intérêts Total
Principal
Bilatéraux/Bilateral Intérêts Total
Total Principal
Intérêts
2000
6 289.87
3 716.35
10 006.22
1 881.44
832.76
2 714.20
8 171.31
4 549.11
2001
12 618.88
4 494.27
17 113.15
1 259.35
891.30
2 150.65
13 878.23
5 385.57
2002
13 163.49
4 400.94
17 564.43
2 650.97
1 453.28
4 104.25
15 814.46
5 854.22
2003
12 945.07
6 047.61
18 992.68
2 604.53
1 577.70
4 182.23
15 549.60
7 625.31
2004
15 334.62
6 033.35
21 367.98
1 762.04
1 385.37
3 147.41
17 096.66
7 418.73
2005
19 278.46
5 145.99
24 424.45
3 020.76
2 061.85
5 082.62
22 299.23
7 207.84
2006
13 793.90
3 514.28
17 308.18
2 159.69
1 253.35
3 413.04
15 953.59
4 767.63
2007
1 141 700.85
304 811.45
1 446 512.30
144 343.84
135 781.39
280 125.23
1 286 044.69
440 592.84
2008
9 558.28
6 633.09
16 191.37
282.45
1 296.48
1 578.93
9 840.73
7 929.57
2000
6 289.87
3 716.35
10 006.22
1 881.44
832.76
2 714.20
8 171.31
4 549.11
1st Quarter
1 184.54
864.79
2 049.32
464.94
217.74
682.68
1 649.47
1 082.53
2nd Quarter
1 796.12
889.71
2 685.83
475.95
174.15
650.11
2 272.07
1 063.86
3rd Quarter
1 524.02
990.02
2 514.04
402.67
240.54
643.20
1 926.69
1 230.56
4th Quarter
1 785.19
971.84
2 757.03
537.89
200.32
738.21
2 323.08
1 172.16
2001
12 618.88
4 494.27
17 113.15
1 259.35
891.30
2 150.65
13 878.23
5 385.57
1st Quarter
2 847.69
984.80
3 832.49
383.04
233.37
616.41
3 230.73
1 218.17
2nd Quarter
3 317.65
1 215.72
4 533.37
274.59
152.66
427.25
3 592.24
1 368.38
3rd Quarter
3 440.81
1 242.80
4 683.60
315.98
331.85
647.83
3 756.79
1 574.65
4th Quarter
3 012.74
1 050.95
4 063.69
285.73
173.42
459.16
3 298.48
1 224.37 5 854.22
2002
13 163.49
4 400.94
17 564.43
2 650.97
1 453.28
4 104.25
15 814.46
1st Quarter
3 496.61
1 048.20
4 544.81
299.98
440.97
740.95
3 796.59
1 489.17
2nd Quarter
2 917.29
893.72
3 811.01
1 015.45
293.41
1 308.86
3 932.74
1 187.13
3rd Quarter
3 798.98
1 268.22
5 067.20
372.87
398.10
770.96
4 171.85
1 666.32
4th Quarter
2 950.61
1 190.80
4 141.41
962.67
320.81
1 283.48
3 913.28
1 511.61
2003
12 945.07
6 047.61
18 992.68
2 604.53
1 577.70
4 182.23
15 549.60
7 625.31
1st Quarter
2 965.97
1 306.46
4 272.42
560.35
506.01
1 066.36
3 526.31
1 812.47
2nd Quarter
2 837.90
1 756.29
4 594.19
848.96
294.51
1 143.47
3 686.86
2 050.80
3rd Quarter
3 303.35
1 423.42
4 726.77
222.24
485.05
707.29
3 525.59
1 908.47
4th Quarter
3 837.86
1 561.44
5 399.30
972.98
292.13
1 265.11
4 810.84
1 853.57
15 334.62 3 430.92 3 804.22 4 111.11 3 988.37
6 033.35 1 383.71 1 232.86 1 543.96 1 872.83
21 367.98
1 762.04 699.04 989.80 73.20 0.00
1 385.37 668.79 431.72 284.86 0.00
3 147.41
17 096.66
7 418.73
1 367.83
4 129.96
19 278.46 4 626.93 5 053.45 4 814.61 4 783.48
5 145.99 1 392.84 1 294.36 1 324.02 1 134.76
3 020.76 659.84 1 037.34 235.50 1 088.07
2 061.85 643.49 394.03 627.25 397.08
22 299.23
7 207.84
1 303.33 1 431.38 862.75 1 485.16
5 286.77 6 090.79 5 050.11 5 871.55
2 036.34 1 688.40 1 951.27 1 531.84
2004 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2005 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2006 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2007 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2008 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2009 1st Quarter 2nd Quarter
4 814.63 5 037.07 5 655.07
5 861.20 24 424.45
6 019.77 6 347.81 6 138.63 5 918.24
2 052.51
1 421.52
4 794.02
1 664.57
358.06
4 184.31
1 828.82
0.00
3 988.37
1 872.83
5 082.62
13 793.90 5 336.95 6 383.96 1 546.51 526.49
3 514.28 1 356.77 1 161.35 207.92 788.25
17 308.18 6 693.72 7 545.30 1 754.42 1 314.74
2 159.69 647.41 929.81 485.07 97.41
1 253.35 634.37 311.38 274.55 33.06
3 413.04 1 281.77 1 241.19 759.61 130.46
15 953.59 5 984.36 7 313.77 2 031.57 623.89
4 767.63 1 991.13 1 472.72 482.46 821.31
1 141 700.85 202 355.81 744 155.53 194 894.66 294.85
304 811.45 66 767.24 172 723.12 64 934.72 386.37
1 446 512.30 269 123.05 916 878.65 259 829.38 681.22
144 343.84 46 136.37 5 646.82 92 560.65 0.00
135 781.39 67 879.55 0.00 67 892.32 9.52
280 125.23 114 015.92 5 646.82 160 452.97 9.52
1 286 044.69 248 492.18 749 802.35 287 455.31 294.85
440 592.84 134 646.79 172 723.12 132 827.04 395.89
9 558.28 607.37 2 199.47 593.89 546.51
6 633.09 254.53 1 363.63 241.05 1 226.94
16 191.37 861.90 3 563.10 834.94 1 773.45
282.45 69.42 0.00 69.17 0.00
1 296.48 279.55 40.02 284.23 42.36
1 578.93 348.97 40.02 353.40 42.36
9 840.73 676.79 2 199.47 663.06 546.51
7 929.57 534.08 1 403.65 525.28 1 269.30
2 805.52 610.62 2 194.90
1 773.47 341.00 1 432.47
4 578.99 951.62 3 627.37
71.93 71.93 0.00
325.16 281.22 43.94
397.09 353.15 43.94
2 877.45 682.55 2 194.90
2 098.63 622.22 1 476.41
Source : BNR, Statistics Department
III. PRIX ET PRODUCTION/PRICE AND PRODUCTION
Monthly Evolution of Consumer Price Index
TABLE .III.1:
(for the general index and the divisions index) 2003 = 100
2006 Weights
2007
2008
2009
Dec.06
Jan.07
Febr.07
Mar.07
Apr.07
Mar.07
June07
July07
Aug.07
Sept.07
Oct.07
Nov.07
Dec.07
janv-08
févr-08
mars-08
avr-08
mai-08
juin-08
juil-08
août-08
sept-08
oct-08
nov-08
déc-08
janv-09
févr-09
mars-09
avr-09
mai-09
3 709
151.4
155.1
158.7
159.6
157.5
150.9
148.8
150.6
155.2
157.9
157.9
157.7
152.8
156.1
159.4
162.3
166.9
168.7
177.7
185.2
191.0
195.5
201.1
203.3
200.0
200.1
205.4
208.0
204.6
201.3
201.4
- Bread and cereals
625
153.7
154.7
155.4
155.3
154.2
151.1
147.9
146.0
148.0
149.7
150.0
154.4
155.3
162.2
164.8
164.3
171.0
175.0
187.1
192.4
197.8
202.5
214.6
219.7
223.2
225.9
227.4
225.2
218.6
219.0
219.4
- Meat
345
120.6
125.6
120.4
119.7
119.2
118.4
119.5
119.8
121.3
120.9
121.9
123.4
125.1
128.2
131.6
134.6
141.7
149.5
153.7
157.1
162.3
171.1
179.0
183.8
190.0
190.4
192.8
192.6
188.8
191.1
188.2
- Fish
114
142.3
141.3
143.9
154.0
155.2
154.0
153.7
154.7
151.2
150.3
159.4
157.0
151.8
149.8
156.0
168.0
184.5
185.3
192.7
217.9
212.3
203.0
210.4
207.6
207.0
202.9
205.4
214.3
213.9
219.8
220.6
1 332
167.8
176.5
187.2
188.5
185.4
168.4
164.3
169.4
178.7
182.3
181.5
179.4
162.7
164.2
165.9
167.1
161.8
161.8
176.9
185.3
192.9
196.3
202.6
205.3
191.7
193.8
203.4
206.4
206.3
199.0
197.3
180
124.9
124.6
129.8
129.0
131.1
131.0
131.9
131.7
132.6
132.8
132.5
132.7
133.2
137.6
138.1
136.9
137.3
140.5
140.5
145.9
153.9
159.2
159.0
159.5
160.4
160.4
163.2
167.7
168.4
164.5
164.7
02. Alcoholic beverages and tobacco
221
117.6
119.3
131.7
127.6
126.8
127.8
127.9
129.0
128.3
127.7
129.2
128.5
128.0
129.4
134.6
142.6
144.2
144.6
145.2
145.9
165.8
168.5
171.6
173.1
173.4
173.8
174.2
179.1
179.1
179.0
179.4
03. Clothing and footwear
500
105.6
105.8
106.5
104.2
104.2
103.8
104.6
108.5
109.8
108.5
109.2
108.4
108.5
108.7
110.6
111.0
110.2
110.1
112.1
112.2
111.3
112.9
113.2
112.7
113.8
114.1
114.8
115.0
115.0
112.9
113.3
1 579
161.5
168.0
167.8
189.6
187.9
191.7
191.3
192.5
192.2
192.6
192.0
193.0
192.4
192.9
195.1
216.5
230.8
219.9
214.5
222.7
232.7
232.5
233.2
236.9
233.6
234.7
235.3
237.6
241.1
237.8
235.4
764
117.2
117.3
118.4
117.3
118.0
119.1
118.9
119.7
119.9
119.7
120.5
120.8
121.1
121.4
124.6
133.9
140.1
141.7
142.1
143.1
145.7
147.7
149.9
149.8
150.7
151.1
151.7
154.7
155.7
154.9
153.0
708
109.8
113.9
120.2
119.4
122.7
122.5
122.2
123.0
122.1
122.5
122.7
123.9
124.0
124.6
125.5
124.8
126.1
128.9
133.1
136.3
138.2
138.2
140.2
138.9
139.3
134.9
136.6
141.0
139.7
139.6
139.1
07. Transport
987
122.0
122.5
122.7
123.0
123.2
123.4
123.5
123.6
123.6
123.6
124.4
125.3
130.7
136.8
142.9
143.9
144.7
146.6
149.7
159.1
159.6
160.1
153.0
148.2
146.7
147.2
147.1
148.2
153.5
153.5
153.8
08. Communication
37
135.9
135.0
135.3
135.3
135.3
135.3
135.3
135.3
135.3
135.3
135.3
136.2
140.2
141.6
121.5
121.4
121.4
120.5
120.4
120.4
120.4
120.4
120.4
119.5
120.1
120.1
118.7
119.7
119.7
119.6
119.5
09. Recreation and culture
206
113.4
113.6
112.7
113.4
108.5
107.0
107.6
107.7
106.6
107.4
108.0
108.4
108.6
107.9
107.9
107.9
108.1
108.3
108.4
108.7
109.1
110.3
111.5
111.3
111.3
112.2
113.9
114.4
115.2
116.6
117.2
10. Education
432
139.5
139.5
156.1
156.1
156.5
155.8
155.9
156.1
156.1
156.1
156.1
156.1
153.4
175.3
175.8
175.8
176.5
175.7
175.4
175.1
175.1
175.1
175.2
175.2
175.2
191.8
205.7
206.7
207.7
208.7
209.7
11. Restaurants and hotels
273
125.6
128.9
135.2
135.8
144.5
148.0
148.6
142.1
142.1
144.6
142.8
139.0
139.1
139.9
145.6
146.0
149.0
154.4
159.2
164.9
165.7
167.8
169.4
173.8
174.0
175.3
175.4
176.8
179.9
179.3
179.8
12. Miscellaneous goods and services
584
109.7
109.4
108.8
109.3
111.1
106.4
107.9
109.9
110.2
110.9
111.2
111.3
112.4
113.4
114.6
116.4
116.3
117.8
118.5
119.7
118.8
120.0
123.2
121.3
121.3
121.2
123.5
122.6
123.2
122.9
121.8
10 000
Divisions
01. Food and non-alcoholic beverages
- Vegetables - Non-alcoholic beverages
04. Housing, water, electricity, gas and other fuels 05. Furnishing, household equipment and household maintenance 06. Health
routine
juin-09
137.0
140.0
142.9
146.4
145.9
143.9
143.2
144.3
146.0
147.1
147.2
147.4
146.0
149.0
151.9
157.4
162.1
161.8
165.2
170.7
175.2
177.3
179.5
180.3
178.6
179.4
182.2
184.3
184.2
182.3
181.8
Monthly changes
0.9
2.2
2.1
2.5
-0.3
-1.4
-0.5
0.8
1.2
0.7
0.1
0.1
-0.9
2.1
1.9
3.7
3.0
-0.2
2.1
3.3
2.6
1.2
1.2
0.5
-0.9
0.4
1.6
1.2
-0.04
-1.04
-0.28
Changes over 12 months
12.1
12.6
10.9
12.0
10.1
8.8
7.3
8.2
8.4
8.0
7.9
8.6
6.6
6.5
6.3
7.5
11.1
12.4
15.4
18.3
20.0
20.5
21.9
22.3
22.3
20.4
19.9
17.1
13.6
12.7
10.1
GENERAL INDEX
Source : Statistics Department
Table III.2 : EVOLUTION DE LA PRODUCTION DES CULTURES D'EXPORTATION /EVOLUTION OF EXPORT CROPS (de 2003 à Juin 2009) / (from 2003 to June 2009)
PERIODE 2003 2004 2005 2006 2007 2008 2003 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2004 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2005 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2006 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2007 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2008 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2009 Janvier Février Mars Avril Mai Juin
CAFE MARCHAND Quantité (en tonnes) 14 175.18 28 762.44 18 597.26 26 597.62 14 682.79 19 794.40
THE SEC Quantité (en tonnes) 15 483.52 14 178.43 16 457.64 16 972.62 20 394.61 19 899.70
245.16 126.00 64.80 232.80 670.80 3 507.60 3 122.40 1 815.12 1 719.60 1 287.00 806.40 577.50
1 823.78 1 424.84 1 463.21 1 654.38 1 714.99 1 339.17 891.95 518.73 773.97 1 414.64 1 131.24 1 332.63
740.40 815.16 575.88 710.10 2 587.50 4 408.26 4 804.20 4 711.02 2 703.54 2 744.40 1 999.44 1 962.54
1 466.31 1 271.35 1 591.90 1 563.22 1 528.69 1 154.09 454.81 464.27 656.89 1 173.42 1 337.00 1 516.47
39.36 58.32 383.40 2 588.40 3 580.20 3 669.00 3 442.12 1 855.76 1 380.14 878.40 722.16
1 667.37 1 509.07 1 684.89 1 739.45 1 768.89 1 421.42 950.31 775.30 918.32 1 239.53 1 350.82 1 432.25
501.96 228.00 540.36 866.40 2 945.30 3 234.00 3 686.70 3 223.80 2 824.80 4 072.22 2 767.94 1 706.14
1 510.81 1 363.00 1 711.82 1 584.87 1 921.07 1 598.44 1 020.20 957.06 926.52 1 345.08 1 365.18 1 668.58
793.02 207.30 350.40 214.38 667.92 1 059.60 2 269.80 2 921.78 2 266.02 1 762.92 1 452.54 717.12
2 111.33 1 873.64 1 895.42 1 979.63 2 081.05 1 657.60 1 378.56 1 220.00 1 199.21 1 665.27 1 553.02 1 779.88
402.00 444.00 320.40 853.20 1 418.70 2 172.00 3 062.60 3 303.20 3 215.80 2 717.00 1 224.40 661.10
1 896.68 1 554.31 1 617.57 2 079.96 2 108.09 1 623.95 1 332.69 1 048.92 1 274.95 1 631.77 1 711.11 2 019.70
567.48 134.18 232.80 715.92 779.64 1 584.60
1 801.31 1 479.43 1 892.80 2 025.67 2 010.89 2 035.40
EXTRAIT BRUT DE PYRETHRE Quantité (en tonnes) PERIOD 14.66 2003 1.43 2004 19.52 2005 30.00 2006 13.87 2007 2008 2003 1.34 January February March 3.24 April 2.50 May 2.88 June 0.24 July August 1.20 September October 1.44 November 1.82 December 2004 1.43 January February March April May June July August September October November December 2005 January February March 3.98 April 2.26 May June 0.19 July 1.63 August 1.44 September 2.40 October 3.28 November 4.34 December 2006 0.78 January 3.93 February 2.29 March 3.74 April 3.50 May 1.97 June July 2.80 August 5.80 September 5.20 October November December 2007 January 3.12 February March April 2.50 May 2.25 June 1.18 July 2.38 August 1.40 September October 1.04 November December 2008 January 1.10 February March 3.73 April May 0.84 June July August September 1.22 October November December 2009 4.34 January 3.78 February 2.00 March 1.40 April May June
Source : OCIR-CAFE, OCIR-THE, SORWATHE, PFUNDA TEA COMPANY, SOPYRWA
IV. COMMERCE EXTERIEUR / EXTERNAL TRADE
TABLEAU IV-1:
BALANCE COMMERCIALE ( 2003 à 2009 )/TRADE BALANCE (2003-2009) (Valeur FOB en millions de Frw)/millions of RWF
PERIODE
Importations /Imports
Exportations /Exports
Total des échanges / Exchange volume
Balance Taux de couverture des importations commerciale par les exportations (en %) (solde)/Trade balance /Cover rate of imports by the exports -65 870 34 -79 916 41 -124 165 34 -149 055 35 -234 640 29 -393 198 27
2003 2004 2005 2006 2007 2008
99 647 136 451 189 370 227 713 331 309 539 670
33 777 56 535 65 205 78 658 96 669 146 472
133 424 192 986 254 575 306 371 427 978 686 142
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
7 058 6 758 8 835 7 894 7 970 8 298 9 189 7 460 7 689 8 923 8 549 11 025
1 813 2 534 3 342 2 007 2 709 5 052 4 454 2 894 2 606 1 997 2 371 1 998
8 871 9 292 12 177 9 901 10 679 13 350 13 643 10 354 10 295 10 920 10 920 13 023
-5 245 -4 224 -5 493 -5 887 -5 261 -3 246 -4 736 -4 566 -5 083 -6 926 -6 178 -9 027
26 37 38 25 34 61 48 39 34 22 28 18
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
8 207 7 641 9 752 10 872 11 585 12 352 10 865 13 059 11 684 14 594 10 966 14 872
3 622 2 146 3 909 3 637 7 521 6 247 6 136 6 193 4 673 4 624 3 784 4 041
11 829 9 787 13 661 14 509 19 106 18 599 17 001 19 252 16 357 19 218 14 750 18 913
-4 585 -5 495 -5 843 -7 235 -4 064 -6 105 -4 729 -6 866 -7 011 -9 970 -7 182 -10 831
44 28 40 33 65 51 56 47 40 32 35 27
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
12 187 12 426 14 987 14 303 15 262 20 407 15 940 13 822 15 083 17 923 13 144 23 886
3 576 3 130 3 570 5 231 8 441 8 597 8 173 6 383 4 782 4 626 2 989 5 706
15 764 15 556 18 557 19 534 23 703 29 004 24 113 20 206 19 865 22 549 16 133 29 592
-8 611 -9 295 -11 417 -9 072 -6 821 -11 810 -7 768 -7 439 -10 301 -13 296 -10 155 -18 180
29 25 24 37 55 42 51 46 32 26 23 24
Janvier Février Mars Avril Mai juin Juillet Août Septembre Octobre Novembre Décembre
14 651 14 217 15 334 20 965 17 339 23 557 18 431 20 805 19 278 21 206 21 970 19 961
3 505 3 644 3 915 5 447 9 379 11 811 8 790 6 667 4 236 8 462 5 635 7 168
18 156 17 861 19 249 26 412 26 718 35 368 27 220 27 472 23 514 29 668 27 604 27 129
-11 147 -10 572 -11 419 -15 518 -7 960 -11 746 -9 641 -14 138 -15 042 -12 744 -16 335 -12 793
24 26 26 26 54 50 48 32 22 40 26 36
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
21 147 19 402 22 828 22 464 28 856 26 511 27 686 30 860 26 734 28 543 35 809 40 471
5 855 5 596 5 629 4 561 9 221 10 739 10 010 8 983 9 981 7 607 10 160 8 329
27 002 24 998 28 456 27 025 38 076 37 250 37 696 39 843 36 715 36 150 45 968 48 800
-15 292 -13 806 -17 199 -17 903 -19 635 -15 772 -17 676 -21 878 -16 753 -20 937 -25 649 -32 142
28 29 25 20 32 41 36 29 37 27 28 21
Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
26 691 30 329 36 011 50 695 41 854 42 988 49 045 51 242 55 819 55 703 43 693 55 601
9 740 10 232 7 273 11 025 13 220 15 315 12 850 11 899 13 513 17 476 12 717 11 213
36 431 40 560 43 284 61 720 55 074 58 303 61 895 63 141 69 332 73 179 56 410 66 814
-16 951 -20 097 -28 738 -39 670 -28 634 -27 674 -36 195 -39 343 -42 306 -38 227 -30 976 -44 388
36 34 20 22 32 36 26 23 24 31 29 20
Janvier Février Mars Avril Mai Juin
48 506 52 265 55 925 48 737 48 968 53 296
6 524 8 373 10 352 5 959 8 179 9 215
55 030 60 638 66 278 54 696 57 147 62 511
-41 982 -43 891 -45 573 -42 779 -40 788 -44 081
13 16 19 12 17 17
2003
PERIOD
2003 2004 2005 2006 2007 2008 2003
2004
January February March April May June July August September October November December 2004
2005
January February March April May June July August September October November December 2005
2006
January February March April May June July August September October November December 2006
2007
January February March April May June July August September October November December 2007
2008
January February March April May June July August September October November December 2008
2009
January February March April May June July August September October November December 2009
Source : BNR, Département des Statistiques/ Statistics Department.
January February March April May June
TABLEAU IV. 2 :
STRUCTURE DES EXPORTATIONS MENSUELLES DE 2009/STRUCTURE OF THE MONTHLY EXPORTS OF 2009 TRIM I Quantité en tonnes/Quantity in tons Valeur FOB en millions de Frw/FOB in millions of RWF
MOIS RUBRIQUES PRODUITS PRIMAIRES D'origine animale Peaux brutes Autres D'origine végétale Café
Janvier/January Qté/Qty
Février/February
Val/Value
1 660
Qté/Qty
Mars/March
Val/Value
Qté/Qty
TRIM I
Val/Value
MONTHS
Val/Value
4 212
DESIGNATION
3 217
995
4 154
1 557
4 212
201
240
162
188
153
161
516
589 Of animal origin
55
107
37
79
19
42
110
227 Raw skins
147
133
125
109
134
120
1 065
1 111
282
301
762
507
2 109
1 919 Of plant origin
868
1 096
216
294
474
488
1 558
1 877 Coffee
Plantes et produits de la floriculture Lég.et plantes potagères frais ou réfrigérés
Qté/Qty
Others
0 56
10
65
6
1
1
108
10
Ecorce de quinquina Fruits frais (bananes,maracuja) Autres fruits frais 6
11 583 PRIMARY GOODS
229
0 Plants and products of the floriculture 27 Edible plants or refrigerated
0
0 Peel of cinchona
1
1 Fresh fruits (bananes,maracuja)
21
2
21
158
6
300
2 Other fresh fruits 12
Autres
142
D'origine minérale
394
1 866
552
3 666
642
3 544
1 587
Cassitérite
254
1 021
259
933
463
1 485
976
3 439 Cassiterite and tin
Wolfram
28
126
166
631
83
369
278
1 126 Wolfram
Coltan
40
561
126
2 103
95
1 689
262
4 353 Coltan
Or Autres minerais
0.000 72
157
72
PRODUITS MANUFACTURES
2 234
2 147
D'origine alimentaire
1 711
1 944
1 464
1 667
Thé
1 517
1 777
1 231
1 612
Autres
195
167
233
54
200
Des Industries diverses
522
194
905
316
Ciment
200
28
610
91
2 377
2 058
5 230
9 076 Of mineral origin
0 Gold 157 Others
3 995
9 840
8 200 MANUFACTURED GOODS
2 926
3 604
6 101
7 215 Of food origin
2 726
3 543
5 474
6 933 Tea
61
628
2 304
389
3 731
899 various Industries
847
121
1 657
240 Cement
282 Others
Etain non allié
Tin
Extraits de pyrèthre
0
Textiles Eaux minérales et gazéfiées
264
13
98
52
230
46
13 319
68
0 Phyretrium products 98 Textiles
813
166 Others
Produits de beauté
30
61
45
65
41
76
117
202
Autres
28
53
7
16
1 097
125
235
130 Artcrafts
0
8
7
76
1
3
8
87 Pictures, posters, paintings and drawings
0
8
7
76
1
3
8
87 Others
Des arts graphiques Tableaux et peintures, dessins à la main Productions des arts statuaire et sculptural
Statuary and sculptural products
Autres ENERGIE*(en Kwh)
ENERGY*(in Kwh)
REEXPORTATIONS
280
919
610
1 600
640
2 213
1 531
4 732 RE-EXPORTS
AUTRES MARCHANDISES
650
317
790
275
426
460
1 866
1 052 OTHER GOODS
4 824
6 601
4 772
8 087
7 852
10 880
17 448
25 567 OVERAL TOTAL
TOTAL GENERAL Source : BNR, Département des Statistiques/ Statistics Department
TABLEAU IV. 2(suite) :
STRUCTURE DES EXPORTATIONS MENSUELLES DE 2009/STRUCTURE OF THE MONTHLY EXPORTS OF 2009 TRIM II
Quantité en tonnes/Quantity in tons Valeur FOB en millions de Frw/FOB in millions of RWF
MOIS RUBRIQUES PRODUITS PRIMAIRES
D'origine animale Peaux brutes Autres D'origine végétale Café
Avril/April Qté/Qty
Mai/May
Val/Value
Qté/Qty
1 692
2 500
160 43
Juin/June
Val/Value
Qté/Qty
TRIM II
Val/Value
4 770
Qté/Qty
4 289
10 064
DESIGNATION
3 602
3 855
155
289
178
333
246
782
579 Of animal origin
47
116
29
233
154
393
230 Raw skins
117
108
173
149
100
91
390
1 132
812
2 784
1 329
3 870
1 825
7 786
3 966 Of plant origin
560
766
985
1 187
1 172
1 557
2 717
3 510 Coffee
Plantes et produits de la floriculture Lég.et plantes potagères frais ou réfrigérés
MONTHS Val/Value
0
10 644 PRIMARY GOODS
349 Others
0 Plants and products of the floriculture
295
18
1 531
128
1 485
238
3 310
86
7
167
10
41
2
294
192
21
101
4
1 173
28
1 466
D'origine minérale
399
1 534
530
2 347
567
2 219
1 495
6 100 Of mineral origin
Cassitérite
314
931
371
1 306
402
1 463
1 087
3 700 Cassiterite and tin
Wolfram
71
324
64
287
118
399
252
1 010 Wolfram
Coltan
15
206
95
754
46
358
156
1 317 Coltan
0.005
73
Ecorce de quinquina Fruits frais (bananes,maracuja)
0
Autres fruits frais Autres
Or
0
0.005
Autres minerais
PRODUITS MANUFACTURES
0
2 652
2 212
3 248
2 934
3 916
3 773
384 Edible plants or refrigerated 0 Peel of cinchona 20 Fresh fruits (bananes,maracuja) 0 Other fresh fruits 52
73 Gold 0 Others
9 815
8 918 MANUFACTURED GOODS
D'origine alimentaire
1 453
1 752
1 993
2 566
2 494
3 366
5 939
7 684 Of food origin
Thé
1 288
1 697
1 817
2 509
2 293
3 301
5 397
7 507 Tea
165
54
176
57
201
65
542
1 199
461
1 255
366
1 422
406
3 875
897
131
875
106
1 040
143
2 812
2
192
253
54
Autres
Des Industries diverses Ciment
177 Others
1 233 Various Industries 380 Cement
Etain non allié Extraits de pyrèthre
Tin 2
Textiles Eaux minérales et gazéfiées Produits de beauté Autres Des arts graphiques
0 291
62
280
60
824
192 Phyretrium products 0 Textiles 175 Others
5
13
44
70
12
36
60
43
72
45
129
90
168
289
0
0
0
1
0
0
0
1 Pictures, posters, paintings and drawings
0.223
1
0
1 Others
Tableaux et peintures, dessins à la main
119 266 Artcrafts
Statuary and sculptural products
Productions des arts statuaire et sculptural Autres ENERGIE*(en Kwh)
ENERGY*(in Kwh)
REEXPORTATIONS
400
950
337
1 128
257
593
994
AUTRES MARCHANDISES
442
273
913
216
473
509
1 828
997 OTHER GOODS
5 186
5 935
8 099
8 132
9 415
9 163
22 700
23 230 OVERAL TOTAL
TOTAL GENERAL Source : BNR, Département des Statistiques/ Statistics Department
2 671 RE-EXPORTS
TABLEAU IV.3 : EXPORTATIONS DU CAFE ET DU THE : 2003 - 2009
/
EXPORTS OF COFFEE AND TEA : 2003 - 2009
Poids en tonnes/Volume in Tons Valeur FOB en millions de Frw/FOB value in millions of Rwf
CAFE/COFEE PERIODES
Quantité/Quantity
THE/TEA Valeur/Value
Quantité/Quantity
Valeur/Value
PERIOD
2003
14 701
8 113
14 332
12 027
2003
2004
27 084
18 630
13 063
12 474
2004
2005
18 399
21 293
15 213
13 375
2005
2006
26 533
29 799
16 522
17 715
2006
2007
13 672
19 514
18 397
17 267
2008
18 191
25 570
19 542
22 191
Janvier
37
13
950
792
January
Février
90
14
1 467
1 153
February
Mars
242
75
1 723
1 362
March
Avril
450
241
1 255
1 013
April
Mai
1 684
819
1 465
1 128
May
Juin
4 728
2 483
1 562
1 243
June
Juillet
3 294
1 834
1 678
1 406
July
Août
1 214
707
1 134
983
August
Septembre
1 194
797
892
814
September
Octobre
540
315
578
561
October
Novembre
466
242
927
888
November
Décembre
761
573
701
684
2003
2003
2004
December 2004
Janvier
1 191
563
1 246
1 255
January
Février
414
113
816
778
February
Mars
82
72
1 985
1 928
March
Avril
1 073
757
911
904
April
Mai
6 392
4 399
1 817
1 688
May
Juin
4 804
3 507
1 029
982
June
Juillet
3 959
2 997
1 104
1 052
July
Août
2 683
1 902
1 518
1 330
August
Septembre
1 962
1 316
626
671
September
Octobre
1 520
936
413
412
October
Novembre
1 239
839
966
905
November
Décembre
1 765
1 229
632
569
2005
December 2005
Janvier
43
65
1 052
1 025
January
Février
53
59
1 036
1 010
February
Mars
163
188
1 266
1 175
March
Avril
1 193
1 370
1 255
1 104
April
Mai
3 238
4 113
1 728
1 443
May
Juin
3 728
4 792
1 338
1 150
June
Juillet
2 875
3 265
1 364
1 123
July
Août
1 920
2 175
1 773
1 569
August September
Septembre
492
458
1 098
938
Octobre
1 734
1 654
913
808
October
Novembre
690
682
1 154
952
November
Décembre
2 270
2 473
1 238
1 083
December
TABLEAU IV.3 : EXPORTATIONS DU CAFE ET DU THE : 2003 - 2009
/
EXPORTS OF COFFEE AND TEA : 2003 - 2009
Poids en tonnes/Volume in Tons Valeur FOB en millions de Frw/FOB value in millions of Rwf
CAFE/COFEE PERIODES
Quantité/Quantity
THE/TEA Valeur/Value
Quantité/Quantity
Valeur/Value
PERIOD
2006
2006 Janvier
444
437
1 937
1 812
January
Février
379
270
1 442
1 571
February
Mars
561
712
829
856
March
Avril
1 290
1 444
1 432
1 649
April
Mai
3 914
4 478
1 549
1 779
May
Juin
6 313
7 042
1 628
1 846
June
Juillet
4 492
4 994
1 321
1 585
July
Août
1 733
1 766
1 037
1 240
August September
Septembre
906
960
1 074
1 149
Octobre
2 803
3 015
2 019
1 913
October
Novembre
1 236
1 434
1 291
1 349
November
Décembre
2 462
3 249
963
966
2007
December 2007
Janvier
461
442
1 304
1 345
January
Février
451
661
1 865
1 744
February
Mars
229
252
976
951
March
Avril
294
360
1 100
1 033
April
Mai
837
1 065
3 149
2 665
May
Juin
1 382
1 663
1 771
1 604
June
Juillet
3 433
4 332
1 638
1 586
July
Août
1 052
1 390
1 324
1 191
August
Septembre
1 681
4 330
1 141
1 123
September
Octobre
830
1 096
1 471
1 454
October
Novembre
1 574
2 021
1 597
1 571
November
Décembre
1 449
1 903
1 062
1 002
2008
December 2008
Janvier
869
1 063
1 914
2 118
January
Février
472
646
1 536
1 776
February
Mars
299
396
1 328
1 396
March
Avril
617
884
2 089
2 360
April
Mai
1 073
1 454
1 616
1 744
May
Juin
1 587
2 102
2 433
2 867
June
Juillet
3 004
4 180
1 760
2 182
July
Août
2 396
3 630
1 342
1 724
August
Septembre
1 936
2 916
1 022
1 229
September
Octobre
3 336
5 098
1 248
1 354
October
Novembre
1 850
2 414
1 142
1 232
November
Décembre
754
987
2 113
2 210
2009
December 2009
Janvier
868
1 096
1 503
1 822
January
Février
216
294
1 415
1 806
February
Mars
474
488
2 339
3 014
March
Avril
560
766
1 288
1 697
April
Mai
985
1 187
1 817
2 509
May
Juin
1 172
1 557
2 293
3 301
June
Source : BNR, Département des Statistiques/ Statistics Department
TAB. IV. 4 :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Documents utilisés: '- Relevé des ventes pour le thé, contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits
Janvier
Février
Mars
Janvier-Mars
Café Valeur : en $USA en Frw Volume : kg Prix : $USA/Kg Frw/kg
1 941 438
517 704
858 715
3 317 857
1 095 509 781
293 549 151
488 076 260
1 877 135 192
867 953
216 000
474 079
1 558 032
2.24
2.40
1.81
2.13
1 262.18
1 359.02
1 029.53
1 205
Thé Valeur : en $USA en Frw Volume : kg Prix : $USA/Kg Frw/kg
3 228 143
3 185 307
5 302 958
11 716 408
1 821 568 535
1 806 136 614
3 014 093 980
6 641 799 129
1 503 867
1 415 269
2 339 439
5 258 574
2.15
2.25
2.27
1 211.26
1 276.18
1 288.38
2.23 1 263
Cassitérite Valeur : en $USA en Frw Volume : Kg Prix : $USA/Kg Frw/kg
1 810 263
1 644 693
2 613 378
6 068 334
1 021 490 534
932 576 061
1 485 391 186
3 439 457 781
254 188
259 162
463 184
976 534
7.12
6.35
5.64
4 018.64
3 598.43
3 206.91
6.21 3 522
Coltan Valeur : en $USA en Frw Volume : kg Prix : $USA/Kg Frw/kg
995 032
3 708 214
2 972 574
7 675 820
561 474 312
2 102 635 928
1 689 551 018
4 353 661 258
40 107
126 355
95 442
261 904
24.81
29.35
31.15
13 999.41
16 640.70
17 702.38
29.31 16 623
Wolfram Valeur : en $USA en Frw Volume : kg Prix : $USA/Kg Frw/kg
223 850
1 111 981
649 760
1 985 591
126 313 667
630 516 785
369 310 530
1 126 140 981
27 924
166 453
83 478
277 855
8.02
6.68
7.78
7.15
4 523.48
3 787.96
4 424.05
4 052.98
Peaux Valeur : en $USA en Frw Volume : kg Prix : $USA/Kg Frw/kg
189 401
138 951
73 146
401 498
106 874 961
78 788 135
41 574 514
227 237 610
54 500
36 500
18 852
109 852
3.48
3.81
3.88
1 961.01
2 158.58
2 205.31
3.65 2 069
Pyrèthre Valeur : en $USA en Frw Volume : kg Prix : $USA/Kg Frw/kg
S/TOTAL Valeur : en $USA en Frw Volume en Kg
8 388 128
10 306 850
12 470 530
31 165 508
4 733 231 789
5 844 202 673
7 087 997 488
17 665 431 951
2 748 539
2 219 739
3 474 474
8 442 751
TAB. IV. 4 :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Documents utilisés: '- Relevé des ventes pour le thé, contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits Nature de produits
Janvier Janvier 2009
Février
Mars
Fevrier 2009
Janvier-Mars
March 2009
Janvier-Mars 2009
Autres produits Valeur : en $USA
1 544 201
1 639 357
1 850 045
5 033 603
en Frw
871 357 755
929 550 052
1 051 528 411
2 852 436 218
Volume en Kg
1 610 792
2 317 416
3 352 884
7 281 092
1 244 332
1 352 263
1 072 217
3 668 812
dont : Valeur : en $USA Or Valeur : en $USA
0
en Frw
0
Volume : kg
0
Autres minerais et métaux précieux Valeur : en $USA en Frw Volume : kg
278 952
278 952
157 406 449
157 406 449
71 530
71 530
Ecorce de quinquina Valeur : en $USA
0
en Frw
0
Volume : kg
0
Bananes Valeur : en $USA en Frw Volume : kg
694
694
393 521
393 521
568
568
Autres fruits frais (pensions) Valeur : en $USA en Frw Volume : kg
385
4 223
4 608
218 496
2 400 002
2 618 498
221
21 349
21 570
Maïs et Farine de maïs Valeur : en $USA en Frw Volume : kg
1 881
1 881
1 069 200
1 069 200
19 780
19 780
Haricots Valeur : en $USA en Frw Volume : kg
18 390
11 401
18 354
48 145
10 376 989
6 464 680
10 432 000
27 273 669
55 550
64 800
108 460
228 810
TAB. IV. 4 :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Documents utilisés: '- Relevé des ventes pour le thé, contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits
Janvier
Février
Mars
Janvier-Mars
Agrumes Valeur : en $USA en Frw Volume : kg Fleurs et bouquets de fleurs Valeur : en $USA
0
en Frw
0
Volume : kg
0
Produits de beauté Valeur : en $USA en Frw Volume : kg
108 534
114 178
133 386
356 098
61 243 380
64 741 453
75 813 673
201 798 506
30 132
45 290
41 291
116 713
Produits Textiles (Tissus,Vêtements,…) Valeur : en $USA en Frw Volume: kg
172 510
172 510
97 816 939
97 816 939
13 300
13 300
Pommes de terre Valeur : en $USA en Frw Volume : kg
9 972
10 769
20 741
5 654 400
6 120 700
11 775 100
141 980
158 480
300 460
Produits artisanaux Valeur : en $USA en Frw Volume : kg
15 000
133 465
4 658
153 123
8 464 397
75 677 617
2 647 331
86 789 344
266
7 006
528
7 800
Ciments Valeur : en $USA en Frw Volume: kg
50 190
160 716
212 397
423 304
28 321 116
91 129 508
120 722 343
240 172 966
200 000
610 000
846 500
1 656 500
Chaussures ( SRC) Valeur : en $USA en Frw Volume : kg
60 495
137 249
166 816
364 560
34 136 244
77 823 163
94 814 749
206 774 156
19 742
37 594
51 680
109 016
Eaux minérales et gazéifiées Valeur : en $USA en Frw Volume: kg
92 757
81 764
118 845
293 366
52 340 912
46 361 801
67 549 021
166 251 734
264 150
230 153
318 805
813 108
Farine de manioc Valeur : en $USA en Frw Volume : kg
15 486
15 486
8 781 109
8 781 109
10 750
10 750
Bières de malt Valeur : en $USA en Frw Volume: kg
88 075
91 661
105 889
285 625
49 698 549
51 973 935
60 184 957
161 857 441
171 886
165 916
180 331
518 133
TAB. IV. 4 :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Documents utilisés: '- Relevé des ventes pour le thé, contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits
Janvier
Février
Mars
Janvier-Mars
Farine de sorgo et de blé Valeur : en $USA en Frw Volume: kg
1 551
4 233
5 783
875 000
2 400 000
3 275 000
22 700
67 340
90 040
Bovins Valeur : en $USA en Frw Volume: kg
235 496
192 444
210 854
638 794
132 885 000
109 120 000
119 845 000
361 850 000
146 510
125 475
133 981
405 966
Debris des fontes Valeur : en $USA en Frw Volume : kg
29 064
45 464
35 513
110 041
16 400 000
25 779 250
20 185 000
62 364 250
405 000
301 950
1 031 560
1 738 510
Boîtes, caisses et cassiers) Valeur : en $USA en Frw Volume: kg
4 346
4 346
2 469 965
2 469 965
9 182
9 182
Reservoirs d'eau Valeur : en $USA en Frw Volume : kg
32 655
28 759
12 839
74 253
18 426 763
16 306 850
7 297 280
42 030 893
8 070
6 860
5 143
20 073
Vêtements (effets personnels) Valeur : en $USA en Frw Volume : kg
233 172
151 880
31 450
416 502
131 573 810
86 119 139
17 875 287
235 568 236
17 008
14 643
6 354
38 005
Autres Valeur : en $USA en Frw Volume : kg
299 869
287 094
777 828
1 364 791
169 209 146
162 788 191
442 101 904
774 099 241
198 248
473 570
419 460
1 091 278
TAB. IV. 4 :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Documents utilisés: '- Relevé des ventes pour le thé, contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits
Janvier
Février
Mars
Janvier-Mars
Réexportations : Valeur : en $USA en Frw Volume: kg
1 629 285
2 821 301
3 893 091
8 343 677
919 369 104
1 599 737 330
2 212 754 339
4 731 860 772
280 483
610 360
640 462
1 531 305
Dont : Valeur : en $USA en Frw Volume: kg
1 554 679
2 684 390
2 473 685
6 712 753
877 270 127
1 522 105 942
1 405 992 553
3 805 368 622
244 392
594 915
550 966
1 390 273
Produits alimentaires (lait sucre, farine et autres) Valeur : en $USA en Frw Volume: kg Cassitérite (26) Valeur : en $USA en Frw Volume : kg
852 672
1 087 396
1 799 581
3 739 649
481 143 645
616 576 429
1 022 845 416
2 120 565 490
159 515
223 170
293 033
675 718
Coltan (26) Valeur : en $USA en Frw Volume : kg Wolfram (26) Valeur : en $USA en Frw Volume: kg
326 426
78 200
404 626
184 194 941
44 447 326
228 642 267
45 200
11 569
56 769
Autres minerais (26) Valeur : en $USA en Frw Volume: kg
37 463
1 248 711
61 813
1 347 987
21 139 449
708 045 408
35 133 542
764 318 400
12 894
192 522
21 340
226 756
carburant (27) Valeur : en $USA en Frw Volume: kg
123 768
86 731
210 499
70 179 068
49 296 027
119 475 095
144 083
92 090
236 173
Médicaments (30) Valeur : en $USA en Frw Volume : kg
1 719
1 719
974 777
974 777
150
150
Savons et autres toilettes (33, 34) Valeur : en $USA en Frw Volume: kg Tyres (40) Valeur : en $USA en Frw Volume: kg Déchets métalliques (72) Valeur : en $USA en Frw Volume : kg
762
762
430 060
430 060
900
900
Matériel pour constr(scaffolding 73) Valeur : en $USA en Frw Volume : kg
4 447
70 721
75 168
2 509 304
40 196 553
42 705 857
4 060
12 300
16 360
TAB. IV. 4 :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Documents utilisés: '- Relevé des ventes pour le thé, contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits
Janvier
Février
Mars
Janvier-Mars
Machines et engins, leur parties et accessoires des(84-85) Valeur : en $USA en Frw Volume: kg
45 765
131 518
241 359
418 641
25 823 918
74 573 234
137 183 714
237 580 866
16 292
17 318
88 473
122 083
Vehicules et leurs pièces(87) Valeur : en $USA en Frw Volume : kg
63 930
91 279
72 449
227 658
36 074 210
51 757 025
41 178 522
129 009 757
4 820
17 672
3 834
26 326
Appareils médical et de prise de vue (90) Valeur : en $USA en Frw Volume: kg
223 214
18 094
241 308
125 954 600
10 284 458
136 239 058
711
259
970
Matériel en bois (94) Valeur : en $USA en Frw Volume: kg
44 736
44 736
25 426 996
25 426 996
28 068
28 068
Autres Valeur : en $USA en Frw Volume : kg
74 607
136 911
165 598
377 116
42 098 977
77 631 388
94 122 460
213 852 825
36 091
15 445
18 496
70 032
TOTAL GENERAL : Valeur : en $USA en Frw Taux de change moyen $
11 561 614
14 767 508
18 213 667
44 542 788
6 523 958 648
8 373 490 055
10 352 280 238
25 249 728 941
564.28
567.02
568.38
Source : BNR, Département des Statistiques/ Statistics Department
TAB. IV.4 ( suite) :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Document utilisés : '- Relevé des ventes pour le thé; contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits
Avril
Mai
Juin
Avril-Juin 2009
Café Valeur : en $USA en Frw Volume: Kg Prix : $USA/Kg Frw/Kg
1 347 502
2 093 233
2 741 520
6 182 255
766 052 555
1 187 296 056
1 557 095 960
3 510 444 572
559 920
984 540
1 172 100
2 716 560
2.41
2.13
2.34
2.28
1 368.15
1 205.94
1 328.47
1 292
Thé Valeur : en $USA en Frw Volume: kg Prix : $USA/Kg Frw/Kg
2 985 855
4 423 336
5 812 249
13 221 440
1 697 453 705
2 508 946 168
3 301 172 382
7 507 572 254
1 287 660
1 817 070
2 292 503
5 397 232
2.32
2.43
2.54
1 318.25
1 380.77
2.45 1 391
Cassitérite Valeur : en $USA en Frw Volume : Kg Prix : $USA/Kg Frw/kg
1 637 725
2 303 276
2 575 064
6 516 065
931 044 284
1 306 433 883
1 462 554 212
3 700 032 379
313 893
370 685
402 433
1 087 011
5.22
6.21
6.40
2 966.12
3 524.38
3 634.28
5.99 3 404
Coltan Valeur : en $USA en Frw Volume: kg Prix : $USA/Kg Frw/kg
361 559
1 329 033
629 820
2 320 412
205 545 475
753 836 539
357 717 730
1 317 099 744
14 977
95 401
45 949
156 327
24.14
13.93
13.71
13 724.08
7 901.77
7 785.10
14.84 8 425
Wolfram Valeur : en $USA en Frw Volume: Kg Prix : $USA/Kg Frw/kg
570 738
506 084
702 058
1 778 880
324 463 467
287 054 534
398 746 791
1 010 264 792
70 542
63 607
118 246
252 395
8.09
7.96
5.94
7.05
4 599.58
4 512.94
3 372.18
4 002.71
Peaux Valeur : en $USA en Frw Volume: Kg Prix : $USA/Kg Frw/Kg
82 469
50 712
271 780
404 961
46 883 669
28 764 181
154 362 143
230 009 993
43 268
116 118
233 462
392 848
1.91
0.44
1.16
1 083.56
247.72
661.19
1.03 585
Pyrèthre Valeur : en $USA en Frw Volume: Kg Prix : $USA/Kg Frw/kg
337 216.41
337 216.41
191 707 002.10
191 707 002.10
1 809.00
1 809.00
105 974.02
186.41
186.41
105 974.02
S/TOTAL Valeur : en $USA
7 323 063
10 705 674
12 732 491
30 761 229
en Frw
4 163 150 156
6 072 331 361
7 231 649 219
17 467 130 736
Volume en Kg
2 292 069
3 447 421
4 264 693
10 004 182
TAB. IV.4 ( suite) :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Document utilisés : '- Relevé des ventes pour le thé; contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits Nature de produits
Avril
Mai
Juin
Avril-Juin 2009
Avril 2009
Mai 2009
Juin 2009
Avril -Juin 2009
Autres produits Valeur : en $USA
1 487 705
1 725 249
2 447 855
5 660 810
en Frw
845 758 189
978 573 243
1 390 303 482
3 214 634 914
Volume en Kg
3 449 905
5 475 916
14 343 300
23 269 121
1 008 121
1 344 310
1 552 162
3 904 594
dont : Valeur : en $USA
Or Valeur : en $USA en Frw Volume: kg
127 887
127 887
72 703 465
72 703 465
5
5
Autres fruits frais (pensions) Valeur : en $USA en Frw Volume: Kg
13 017
18 196
3 979
35 192
7 400 000
10 320 833
2 260 000
19 980 833
85 800
167 308
41 000
294 108
Maïs et Farine de maïs Valeur : en $USA en Frw Volume: Kg
2 625
1 065
21 670
25 359
1 492 200
604 000
12 307 750
14 403 950
36 000
34 400
99 650
170 050
Haricots Valeur : en $USA en Frw Volume: Kg
31 258
225 399
419 506
676 162
17 770 000
127 847 722
238 265 993
383 883 715
294 500
1 530 500
1 484 550
3 309 550
Produits de beauté Valeur : en $USA en Frw Volume: Kg
22 850
123 662
62 772
209 284
12 989 997
70 141 960
35 652 777
118 784 734
4 770
43 619
11 701
60 090
Pommes de terre Valeur : en $USA en Frw Volume : Kg
12 990
5 853
12 999
31 843
7 384 800
3 320 000
7 383 200
18 088 000
145 180
67 000
163 290
375 470
Produits artisanaux Valeur : en $USA en Frw Volume: Kg
2 116
2 116
1 200 000
1 200 000
223
223
Ciment Valeur : en $USA en Frw Volume : kg
230 045
187 324
251 200
668 569
130 780 284
106 251 595
142 673 456
379 705 335
896 500
875 000
1 040 000
2 811 500
Chaussures ( SRC) Valeur : en $USA en Frw Volume : kg
77 015
86 580
87 541
251 135
43 782 671
49 108 497
49 720 258
142 611 426
31 187
26 368
25 950
83 505
TAB. IV.4 ( suite) :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Document utilisés : '- Relevé des ventes pour le thé; contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits
Avril
Mai
Juin
Avril-Juin 2009
Eaux minérales et gazéifiées Valeur : en $USA en Frw Volume: Kg
94 520
108 556
105 114
308 190
53 734 745
61 573 495
59 701 537
175 009 776
253 128
290 808
279 936
823 872
Farine de manioc Valeur : en $USA en Frw Volume : Kg
20 858
20 858
11 857 567
11 857 567
10 860
10 860
Bières de malt Valeur : en $USA en Frw Volume: Kg
95 534
100 618
115 270
311 421
54 310 953
57 071 132
65 469 439
176 851 524
165 432
175 668
201 312
542 412
Farine de sorgo et de blé Valeur : en $USA en Frw Volume : Kg
14 187
14 187
8 057 650
8 057 650
910 030
910 030
Bovins Valeur : en $USA en Frw Volume : kg
190 431
263 502
160 704
614 637
108 260 000
149 460 000
91 274 592
348 994 592
117 140
172 930
99 695
389 765
Débris de fontes Valeur : en $USA en Frw Volume : Kg
39 862
81 100
88 245
209 208
22 661 360
46 000 638
50 120 620
118 782 619
955 043
1 159 945
9 448 365
11 563 353
Boîtes, caisses et cassiers Valeur : en $USA en Frw Volume :Kg
82 042
82 042
46 597 231
46 597 231
27 360
27 360
Reservoirs d'eau Valeur : en $USA en Frw Volume Kg
19 096
24 056
40 815
83 967
10 856 202
13 644 764
23 181 354
47 682 320
5 836
5 372
11 968
23 176
Vêtements (effets personnels) Valeur : en $USA en Frw Volume : Kg
30 134
116 285
86 119
232 537
17 130 971
65 957 384
48 912 880
132 001 236
5 868
13 714
25 237
44 819
Autres Valeur : en $USA en Frw Volume : Kg
479 584
380 939
895 692
1 756 216
272 642 975
216 071 222
508 724 746
997 438 942
442 656
913 061
473 256
1 828 973
TAB. IV.4 ( suite) :
EXPORTATIONS MENSUELLES (Valeur FOB Kigali en $ et en Frw) Période : 2009 Document utilisés : '- Relevé des ventes pour le thé; contrats de vente pour le café '- Déclarations Douanière pour les autres produits
Nature de produits
Avril
Mai
Juin
Avril-Juin 2009
Réexportations: Valeur : en $USA en Frw Volume : Kg
1 670 406
1 989 525
1 043 614
4 703 545
949 623 214
1 128 472 021
592 739 581
2 670 834 816
400 372
336 760
256 581
993 713
Dont: Valeur : en $USA en Frw Volume :Kg
1 650 649
1 940 278
842 812
4 433 739
938 391 390
1 100 538 703
478 690 287
2 517 620 380
372 551
325 955
129 039
827 545
Cassitérite (26) Valeur : en $USA en Frw Volume : Kg
1 202 785
1 256 993
186 654
2 646 433
683 781 636
712 975 258
106 013 440
1 502 770 334
235 837
197 575
25 000
458 412
Wolfram (26) Valeur : en $USA en Frw Volume : kg
272 795
426 659
121 824
821 279
155 083 591
242 004 056
69 192 260
466 279 907
41 000
54 886
21 160
117 046
Carburant (27) Valeur : en $USA en Frw Volume: kg
54 642
14 040
1 673
70 355
31 064 089
7 963 703
950 000
39 977 793
73 250
37 000
800
111 050
Médicaments (30) Valeur : en $USA en Frw Volume : kg
461
461
261 600
261 600
1 000
1 000
Déchets métalliques (72) Valeur : en $USA en Frw Volume : kg
2 463
2 463
1 400 000
1 400 000
15 000
15 000
Materiel pour constr(scaffolding 73) Valeur : en $USA en Frw Volume : kg
1 051
1 051
597 118
597 118
412
412
Machines et engins, leur parties et accessoires des(84-85) Valeur : en $USA en Frw Volume : Kg
17 869
132 347
454 105
604 322
10 158 584
75 068 300
257 917 330
343 144 213
2 584
23 050
67 956
93 590
Vehicules et leurs pièces(87) Valeur : en $USA en Frw Volume : Kg
100 094
110 237
77 044
287 376
56 903 490
62 527 386
43 758 539
163 189 416
4 880
13 444
12 711
31 035
Autres Valeur : en $USA en Frw Volume: Kg
14 020
49 247
200 802
264 069
7 970 306
27 933 318
114 049 294
149 952 919
27 621
10 805
127 542
165 968
TOTAL GENERAL : Valeur : en $USA en Frw
Taux de change moyen $
10 481 175
14 420 448
16 223 960
41 125 583
5 958 531 559
8 179 376 625
9 214 692 282
23 352 600 466
568.50
567.21
567.97
Source : BNR, Département des Statistiques/ Statistics Department
Tableau IV.5
2003 2004 2005 2006 2007 2008
IMPORTATIONS SELON LA DESTINATION ECONOMIQUE ( 2003- June 2009) / IMPORTS BY ECONOMIC CATEGORIES (2003 - June 2009) Q = Quantité en Tonnes/Quantity in Tons V = Valeur CIF en millions de Frw/CIF Value in millions of Rwf Biens de consommation /Consumer goods Q V 131 516 75 037 149 100 84 953 120 855 73 137 173 743 91 864 285 259 125 331 253 662 155 506
Biens d'équipement/ Capital goods Q V 8 538 21 856 9 048 30 080 17 506 61 254 20 803 69 951 31 551 110 774 39 860 201 048
Biens d'approvisionnement/ Intermediary goods Q V 60 608 20 849 58 889 22 894 154 363 61 987 206 831 80 630 274 574 103 819 367 938 177 281
Energie et Lubrifiants/ Energy and Lubricants Q V 98 436 21 756 120 135 25 660 136 196 27 316 172 585 31 389 183 252 31 293 187 082 86 889
TOTAL Q 299 097 337 173 428 920 573 962 774 637 848 543
2003 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
4 706 4 175 6 097 5 866 6 143 5 725 7 226 5 599 6 372 7 039 7 734 8 353
404 397 563 352 598 584 1 456 607 813 752 554 1 456
1 828 1 406 1 992 1 788 1 948 2 186 1 699 1 805 2 410 1 652 1 443 1 699
4 616 6 922 6 163 4 299 6 055 3 800 4 817 3 449 3 845 5 656 6 170 4 817
1 481 2 065 1 889 1 890 2 079 1 323 1 878 1 260 1 655 1 638 1 813 1 878
6 328 7 878 7 748 5 251 7 718 9 797 7 866 9 092 9 147 9 788 7 197 10 626
1 210 1 609 1 539 1 843 1 605 2 013 1 668 1 911 1 968 2 139 1 605 2 646
18 599 21 899 25 440 26 037 28 363 25 539 24 067 23 666 23 862 28 698 24 345 28 582
2003 9 226 January 9 255 February 11 517 March 11 387 April 11 775 May 11 247 June 12 471 July 10 575 August 12 405 September 12 468 October 12 595 November 14 576 December
10 298 9 277 9 823 11 094 13 826 12 689 12 004 12 663 14 165 16 125 13 203 13 933
6 059 4 723 5 455 5 276 6 366 7 628 6 876 8 449 7 492 10 660 7 417 8 552
676 742 695 394 771 700 604 644 950 1 214 743 918
1 452 1 716 2 554 2 140 2 523 1 898 2 007 2 076 2 421 3 547 2 744 5 001
4 405 4 439 4 343 4 329 4 595 4 570 4 210 4 646 4 260 5 910 4 297 8 887
1 583 1 376 1 777 1 830 2 190 1 914 1 420 1 864 1 905 2 279 1 625 3 131
8 060 8 113 10 622 10 212 8 342 10 174 10 042 11 452 11 079 9 801 10 852 11 386
1 827 1 832 2 230 2 171 1 763 2 117 2 210 2 421 2 282 2 147 2 243 2 417
23 439 22 571 25 482 26 028 27 534 28 134 26 860 29 405 30 453 33 049 29 095 35 123
2004 10 920 January 9 647 February 12 016 March 11 417 April 12 842 May 13 557 June 12 513 July 14 810 August 14 100 September 18 634 October 14 030 November 19 102 December
7 428 8 617 11 888 11 871 11 645 8 961 10 207 9 982 13 254 9 374 5 675 11 953
4 991 4 258 5 652 6 315 6 994 10 501 6 186 4 991 6 544 5 116 3 830 7 760
843 1 489 1 759 1 892 1 418 2 112 1 332 1 372 1 531 1 421 739 1 600
3 297 4 453 5 541 5 192 4 914 5 644 6 318 5 715 4 562 5 982 3 428 6 208
12 640 11 808 9 837 13 360 11 730 17 071 13 295 11 480 12 507 13 786 9 899 16 948
4 722 4 877 4 972 4 817 4 922 6 238 5 073 4 806 5 667 4 824 4 047 7 022
10 469 10 052 11 279 9 204 13 426 11 126 12 307 12 109 11 763 10 787 10 564 13 109 136 196
2 305 2 259 2 489 2 020 2 276 2 197 2 347 2 261 2 426 2 001 1 841 2 895 27 316
31 379 31 966 34 763 36 327 38 219 39 270 37 141 34 944 39 056 35 368 26 876 43 610 428 920
8 197 9 834 11 046 11 069 12 626 16 740 16 496 16 982 17 314 18 780 18 361 16 299
5 305 5 405 6 355 6 463 7 048 9 587 8 695 8 924 8 855 9 377 9 400 6 449
967 1 182 1 895 1 324 1 419 1 877 1 644 2 230 1 870 1 960 2 411 2 025
4 677 5 165 4 632 5 172 5 635 8 548 5 208 6 413 5 287 5 950 7 395 5 870
13 059 13 935 14 987 15 103 17 275 18 010 17 820 19 602 18 467 22 265 18 435 17 874
5 437 4 601 5 645 10 787 5 650 7 608 6 266 7 376 6 844 7 694 6 746 5 976
11 733 12 190 14 575 12 115 14 624 14 663 14 207 19 967 14 925 14 390 15 414 13 784
2 628 2 383 2 980 2 279 2 920 2 361 2 314 2 434 2 601 2 798 2 919 2 773
33 956 37 140 42 503 39 610 45 943 51 289 50 167 58 781 52 575 57 394 54 622 49 982
2005 15 314 January 15 847 February 18 654 March 18 343 April 19 105 May 24 580 June 19 925 July 17 773 August 19 199 September 17 923 October 13 144 November 23 886 December 223 693 2006 18 047 January 17 554 February 19 612 March 24 701 April 21 252 May 28 105 June 22 483 July 25 147 August 23 587 September 25 819 October 26 460 November 21 068 December
23 058 23 058 26 083 26 528 26 181 21 371 21 928 25 059 21 483 23 111 25 021 22 378
7 028 7 693 9 404 8 799 10 405 8 003 20 399 10 178 10 849 9 009 11 913 11 651
1 867 2 176 2 548 2 574 2 806 2 622 2 856 3 006 2 207 2 634 3 521 2 734
7 406 6 861 7 323 6 911 8 799 7 637 11 410 11 997 8 448 9 185 14 177 10 621
21 385 14 792 21 159 20 365 26 399 21 785 20 604 19 961 19 358 21 616 21 729 45 423
6 528 5 311 6 577 7 819 10 042 9 502 7 024 8 588 6 369 9 013 10 176 16 870
15 378 10 469 16 074 11 309 14 454 17 504 16 496 15 782 15 606 17 534 15 135 17 513
3 189 2 538 3 324 2 187 2 472 2 681 2 685 2 451 2 216 2 652 2 071 2 825
61 688 50 496 65 864 60 775 69 839 63 281 61 885 63 807 58 653 64 894 65 405 88 048
2007 24 152 January 22 403 February 26 628 March 25 717 April 31 719 May 27 823 June 41 518 July 33 215 August 27 881 September 29 858 October 38 337 November 41 967 December
19 420 19 226 20 272 20 785 18 759 20 135 21 268 20 025 24 896 23 472 19 050 26 355
8 771 10 343 11 769 11 742 9 999 11 889 15 574 15 487 14 513 15 053 11 702 18 663
2 087 2 341 2 467 3 646 3 103 3 336 3 836 3 561 3 400 4 401 3 920 3 762
7 551 9 375 11 768 24 997 17 719 15 995 14 075 19 414 19 403 25 009 16 124 19 617
22 394 21 395 26 294 29 590 27 023 33 675 32 528 35 788 39 527 31 264 31 639 36 821
9 413 9 112 12 119 13 875 13 180 14 545 17 484 17 938 21 397 14 125 14 277 19 817
14 443 15 969 16 295 14 648 15 296 15 478 17 909 15 773 15 646 15 989 15 670 13 968
5 439 6 313 6 580 6 380 7 081 7 898 9 443 8 270 7 610 8 583 8 127 5 165
58 345 58 931 65 327 68 668 64 180 72 625 75 540 75 146 83 469 75 126 70 278 80 907
2008 31 173 January 35 143 February 42 237 March 56 994 April 47 979 May 50 327 June 56 576 July 61 109 August 62 924 September 62 770 October 50 230 November 63 262 December
73 945 70 409 86 527 73 796 74 935 82 008
55 693 59 127 63 720 55 967 55 480 59 408
2005 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2006 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2007 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2008 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre 2009 Janvier Février Mars Avril Mai Juin
2003 2004 2005 2006 2007 2008
7 252 6 702 10 966 16 135 13 992 11 358 9 928 10 518 10 057 12 502 10 423 11 683
2004 Janvier Février Mars Avril Mai Juin Juillet Août Septembre Octobre Novembre Décembre
V 139 498 163 588 223 693 273 835 371 217 620 724
21 382 23 052 35 426 29 128 27 887 26 283
Source: BNR, Statistics Department
12 695 17 650 17 347 24 497 13 783 13 760
3 296 3 548 3 541 2 827 4 072 4 477
18 388 19 820 25 225 11 525 21 977 22 748
32 146 25 503 32 747 27 173 29 069 35 155
18 302 15 189 15 570 14 454 14 555 16 701
17 121 18 306 14 814 14 667 13 907 16 094
6 309 6 467 5 578 5 491 5 165 6 199
2009 January February March April May June
TAB.IV.6
IMPORTATIONS DES PRINCIPAUX PRODUITS PETROLIERS 2005-2009/IMPORTS OF THE MAIN OIL PRODUCTS 2003-20009 Q = Quantité en Tonnes V = Valeur CIF en millions de Frw
PERIODE
Essence d'aviation/kerosene
2005
Q Janvier
Essence pour moteurs/Motor Spirit
V -
Q -
3 422
V
Pétrole Lampant/Illuminatin Kerosene Q
670
V 496
Gaz-oil/Gas oil Q
178
Fuel-oil/Fuel oil V
4 198
Q 645
Lubrifiants/lubricating oils V
817
Q
Gaz de Pétrole/Petroleum Gas
V
Q
179
138
78
V
PERIOD
TOTAL Q
27
13
9 099
V
2005
1 762
January
Février
-
-
3 384
641
203
73
3 314
508
1 251
278
218
152
0
0
8 370
1 651
February
Mars
-
-
3 491
679
223
80
4 625
705
1 144
255
85
58
47
23
9 616
1 801
March
Avril
-
-
3 085
586
75
29
3 349
513
1 296
291
169
121
33
15
8 007
1 555
Mai
-
-
5 245
721
221
78
5 361
600
1 266
286
63
31
16
8
12 173
1 724
May
Juin
-
-
3 208
486
74
30
4 418
538
2 017
475
91
56
38
20
9 846
1 606
June
Juillet
-
-
3 268
9
10 835
1 703
Août
-
-
4 067
623
82
34
5 077
586
1 381
345
199
125
0
1
10 805
1 714
August
Septembre
-
-
3 924
490
93
36
4 474
484
1 185
300
164
129
48
26
9 887
1 465
September
477
202
Octobre
3 927
501
39
Novembre
-
-
4 060
509
Décembre
-
-
2 945
604
-
-
44 025
6 988
1 794
Janvier
-
-
3 773
709
157
Février
-
-
3 693
554
-
Mars
-
-
3 663
690
168
Total
16
86
433
2 104
922
506
237
64
168
46
17
104
34
23
9 392
July
1 361
October
4 409
518
787
199
82
65
15
9
9 438
1 337
November
832
1 585
432
163
109
48
28
10 799
2 006
December
676
54 766
6 987
15 754
3 783
1 604
1 074
324
176
118 267
19 684
71
4 682
693
1 519
453
54
48
1
1
10 186
1 975
January
5 514
690
1 472
407
128
96
39
27
10 845
1 774
February
7 639
993
1 325
370
103
87
34
18
12 931
2 233
March
37 -
4 140
625
6 058
86 -
5 344
April
2006
Total 2006
74
Avril
-
-
4 034
612
5 377
575
979
273
6
45
14
9
10 456
1 534
Mai
-
-
3 593
505
-
47 -
20
7 312
766
1 386
389
157
158
32
20
12 480
1 838
May
Juin
-
-
4 415
381
223
120
6 892
466
1 292
372
85
79
48
23
12 955
1 441
June
April
Juillet
-
-
3 844
326
39
18
6 790
458
1 480
434
129
102
33
21
12 315
1 359
July
Août
-
-
9 081
283
70
37
7 259
469
1 209
369
100
91
76
62
17 795
1 311
August
Septembre
-
-
3 967
336
81
43
6 715
406
1 940
596
78
79
13
9
12 795
1 469
September
13
561
160
159
8
12 337
1 725
October
Novembre
-
-
3 175
606
205
98
8 057
768
2 454
713
224
164
0
0
14 116
2 350
November
Décembre
Octobre -
-
3 329 3 814
729
177
84
6 377
605
1 602
444
21
21
52
34
12 043
1 917
December
-
355
232
151 254
20 925
-
-
15 094
3 004
January
Total
-
398
177
102
6 780
497
1 877
50 382
6 130
1 344
668
79 394
7 385
18 534
5 382
1 245
1 129
Janvier
1 433
657
4 125
733
335
178
7 589
899
1 458
399
154
138
Février
1 163
551
3 522
730
225
113
4 404
626
679
177
115
117
49
33
10 158
2 347
February
Mars
1 475
674
3 617
673
329
164
9 103
1 193
129
312
138
121
13
8
14 804
3 146
March
2007
Total 2007
Avril
783
368
4 137
545
177
81
4 145
466
1 720
483
99
101
30
18
11 092
2 062
Mai
1 274
599
4 028
320
446
209
6 909
516
1 028
300
119
103
70
47
13 875
2 096
May
Juin
1 301
630
5 018
295
332
166
9 164
637
1 159
351
235
195
14
12
17 223
2 286
June
Juillet
1 645
792
4 138
237
585
296
7 924
509
1 952
596
188
188
16 431
2 617
July
Août
1 911
958
4 578
280
296
157
7 539
404
840
262
221
185
-
16
11
15 401
April
2 257
August
Septembre
1 108
563
4 675
309
557
298
7 635
338
801
262
110
80
71
49
14 957
1 899
September
Octobre
1 488
780
4 517
353
350
184
8 876
184
1 583
549
291
268
31
14
17 136
2 332
October November
Novembre
1 204
640
4 396
408
279
159
7 421
48
1 265
462
154
142
56
39
14 775
1 898
Décembre
1 566
930
5 144
501
245
145
7 968
54
1 779
694
256
159
16
14
16 975
2 496
16 351
8 144
51 894
5 383
4 156
2 150
88 678
5 873
14 394
4 847
2 081
1 798
367
244
177 922
28 439
Total 2008
December Total 2008
Janvier
474
285
2 217
January
Février
1 131
694
4 966
657
655
417
6 866
557
1 651
695
142
86
44
41
15 455
3 148
February
Mars
1 100
661
699
390
4 388
4 285
300
562
148
93
8 782
352
1 495
598
181
163
16
15
16 111
2 220
March
Avril
888
600
4 292
255
552
364
6 766
55
1 539
661
171
144
32
37
14 239
2 116
Mai
660
471
4 376
543
794
591
6 752
15
1 453
665
116
73
60
60
14 211
2 418
May
Juin
221
173
4 690
627
544
412
8 372
22
982
444
221
253
68
64
15 098
1 995
June
Juillet
467
364
5 708
754
1 030
824
9 042
28
1 237
582
122
144
68
65
17 675
2 760
July
554
8 723
1 334
15
15 428
369
478
93
90
50
42
14 175
April
Août
215
191
4 336
690
687
176
156
17
2 319
August
125
108
4 336
1 007
899
772
7 991
914
1 573
834
183
209
76
70
15 183
3 913
September
Octobre
185
147
4 847
1 242
1 338
1 044
7 492
1 091
1 796
928
83
83
25
27
15 767
4 561
October
Novembre
37
31
2 903
-
-
4 562
954
676
441
7 352
1 173
760
322
30
35
51
38
13 431
2 963
5 689
3 866
53 689
8 287
8 385
6 272
95 702
6 260
16 423
7 620
1 673
1 592
545
507
182 106
34 405
328
10 768
1 759
Décembre
696
648
475
10 095
27
1 144
Septembre
Total
628
7 469
1 658
1 459
725
155
156
37
33
15 334
3 773
November December Total
2009 Janvier
41
16 784
3 417
January
Février
111
63
5 789
1 320
402
215
8 914
1 723
2 264
947
208
200
0
0
17 686
4 467
February
Mars
110
50
4 029
1 143
466
252
7 658
1 523
1 658
660
143
141
70
53
14 135
3 822
March
4 229
1 146
576
246
6 378
1 668
2 501
1 144
212
149
65
52
13 961
4 404
4 316
1 097
831
370
6 188
1 656
1 289
496
115
154
69
56
13 192
3 854
May
4 882
1 216
878
399
6 073
1 514
3 746
1 782
161
169
36
23
15 776
5 104
June
27 852
6 798
3 663
1 810
45 980
9 844
12 059
5 252
1 024
963
296
226
91 535
25 069
Avril Mai Juin Total Source: BNR, Statistics Department
57
-
39
-
384
25
-
-
662
176
4 608
876
509
603
223
184
150
56
April
Total
TABLEAU IV.7
IMPORTATIONS MENSUELLES PAR PRINCIPALES RUBRIQUES EN 2009/IMPORTS BY MAIN CATEGORIES IN 2009 Poids net en kg Valeur cif en frw
Janvier/January Qté Valeur 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Animaux vivants Viandes et abats comestibles Poissons et crustacés, mollusques et autres invertébrés aquatiques Laits et produits de la laiterie; œufs d'oiseaux; miel naturel Autres produits d'origine animale Plantes vivantes et produits de la floriculture Légumes, plantes, racines et tubercules alimentaires Fruits comestibles; écorces d'agrumes ou de melons Café, thé, maté et épices Céréales Produits de la minoterie; malt; amidons et fécules Graines et fruits oléagineux; graines, semences et fruits divers Gommes, résines et autres sucs et extraits végétaux Matières à tresser et autres produits d'origine végétale Graisses et huiles animales ou végétales Préparations de viande, de poisson ou de crustacés Sucres et sucreries Cacao et ses préparations Préparations à base de céréales, de farines, d'amidons Préparations de légumes, de fruits ou d'autres parties de plantes Préparations alimentaires diverses Boissons, liquides alcooliques et vinaigres Résidus et déchets des industries alimentaires Tabacs et succédanés de tabac fabriqués Sel; soufre; terre et pierres; plâtres,chaux et ciment Minerais, scories et cendres Combustibles minéraux Produits chimiques inorganiques Produits chimiques organiques Produits pharmaceutiques Total Source: BNR, Statistics Department
124 469 1 674 221 549 141 315 644 1 613 1 217 427 410 864 34 439 4 336 216 2 234 088 650 210 22 528 2 743 934 23 450 1 082 934 6 029 300 304 189 211 58 492 412 806 104 993 108 685 16 795 992 6 17 541 791 426 044 167 316 227 504 49 564 549
149 510 711 3 133 095 59 655 377 93 773 987 1 560 658 810 760 24 570 758 30 597 250 5 706 745 452 776 399 1 257 761 554 127 254 219 11 000 136 789 1 685 879 320 15 626 806 432 921 246 43 011 913 154 863 990 64 246 270 36 977 418 310 823 035 5 176 251 327 746 390 2 415 850 762 25 800 3 928 988 924 306 304 538 560 338 485 2 080 329 864 14 576 370 313
Février/February Qté Valeur 53 199 1 224 163 637 190 107 8 030 2 059 615 058 537 387 112 056 4 543 466 2 524 626 387 709 13 440 2 349 3 008 035 1 869 1 569 839 4 534 334 488 208 043 154 464 251 561 126 652 140 003 15 318 647
66 869 422 6 605 174 45 141 325 190 630 948 1 986 454 2 984 476 28 993 263 36 677 409 19 974 582 705 184 340 1 317 147 803 108 323 423 769 077 559 1 458 055 1 667 274 945 1 347 036 734 159 573 8 778 878 204 871 965 66 811 845 139 949 651 103 781 885 14 279 984 398 530 441 2 260 176 665
17 718 310 238 911 315 884 163 384 48 708 971
4 503 788 594 80 355 887 371 281 287 1 284 449 282 15 140 892 152
Mars/March Qté Valeur 13 419 820 868 356 290 224 244 2 1 934 1 080 472 737 676 42 505 16 106 360 2 190 451 1 794 722
43 556 215 2 204 822 102 443 550 156 560 299 179 780 1 296 428 138 755 166 42 133 333 11 526 938 3 077 648 778 1 090 908 926 625 587 371
9 2 988 276 2 209 4 109 077 17 099 1 087 130 160 327 152 458 134 352 21 186 8 125 16 887 271 142 14 359 728 759 779 152 893 347 499 77 142 904
31 336 1 667 460 023 4 880 119 1 637 230 368 20 257 438 535 906 740 77 556 299 144 513 061 107 136 454 849 388 552 500 2 446 424 972 9 190 124 4 052 969 261 508 387 998 146 090 773 4 015 521 735 20 667 760 195
Alive animals Meats and meat edible products Sea food Milk and milk products; birds eggs; natural honey Other products of animal origin Alive plants and products of the floriculture Vegetables, plants, roots and edible tubers Edible fruits; peels of citrus fruits or melons Coffee, tea, and spices Cereals Milled products; malt and starches Seeds and oleaginous fruits; seeds, and various fruits Erasers, resins and other juices and plant excerpts Matters to plait and other products of plant origin Fats and oil of animal or plant origin Preparations of meat, fish or sea food Sugars and sweets Cocoa and some cocoa products food products made of cereals, flours, or starches Preparations of vegetables, fruits or other parts of plants Various food preparations Beverages, alcoholic drinks and vinegars Residuals and garbage from food industries Tobacco and substitutes of tobacco Salt; sulfur; soil and stones; plâtres,chaux and cement Ores, slags and ashes Mineral fuels products Unorganic chemicals Organic chemicals Pharmaceutical products
TABLEAU IV.7(2)
IMPORTATIONS MENSUELLES PAR PRINCIPALES RUBRIQUES EN 2009/IMPORTS BY MAIN CATEGORIES IN 2009 Poids net en kg Valeur cif en de FRW
Janvier/January Qté Valeur 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65
Engrais Extraits tannants ou tinctoriaux Huiles essentielles et résinoïdes Savons, agents de surface organiques Matières albuminoïdes; produits à base d'amidons ou de fécules Poudres et explosifs; articles de pyrotechnie, allumettes Produits photographiques ou cinématographiques Produits divers des industries chimiques Matières plastiques et ouvrages en ces matières Caoutchouc et ouvrages en caoutchouc Peaux Ouvrages en cuir Pelleteries et fourrures; pelleterie factices Bois, charbon de bois et ouvrages en bois Liège et ouvrage en liège Ouvrages de sparterie ou de vannerie Pâte de bois ou d'autres matières fibreusescellulosiques Papiers et cartons Produits de l'édition Soie Laine, polis fins ou grossiers; fils et tissus de crin Coton Autres fibres textiles végétales Filaments synthétiques ou artificiels Fibres synthétiques ou artificielles discontinues Ouates, feutres et nontissés Tapis et autres revêtements de sol en matières textiles Tissus spéciaux; surfaces textiles touffetées Tissus imprégnés Etoffes de bonneterie Vêtements et accessoires du vêtement, en bonneterie Vêtements et accessoires du vêtement, autres qu'en bonneterie Autres articles textiles confectionnés; assortiments Chaussures,guêtres et articles analogues Coiffures et parties de coiffures Total Source: BNR, Statistics Department
Février/February Qté Valeur
Mars/March Qté Valeur 1 547 974 326 789 302 724 1 539 494 22 590 31 141 5 751 84 757 1 428 440 276 189
950 715 727 229 720 918 358 058 374 681 721 433 16 116 556 24 007 976 35 907 964 273 699 053 1 990 084 208 633 022 200
59 145 15 756 621 462 8 279 113 1 017 700 192 373 500 7 194 928 2 080 50 227 164 019 35 779 35 116 25 247 14 501 1 492 114 139 45 536 1 587 475 299 004 20 075 10 190 682
46 977 157 246 676 370 345 763 2 340 003 3 382 299 442 791 1 016 595 875 565 231 779 804 609 36 699 88 232 549 697 086 46 834 866 175 557 905 20 930 174 29 326 961 20 058 774 28 249 064 3 167 812 193 107 094 74 057 571 926 985 930 263 429 708 28 742 256 9 098 835 809
3 221 293 340 342 282 361 1 319 761 19 892 75 851 4 559 118 431 1 809 474 377 089 124 119 315
1 679 850 407 191 991 583 220 210 754 526 917 779 26 620 499 112 477 734 18 109 595 730 714 705 2 068 122 842 770 629 965 31 325 78 069 788
1 073 222 403 297 440 932 1 682 897 34 840 24 175 4 272 164 628 1 244 363 289 880 6 59 478
543 920 448 253 272 345 575 031 093 787 486 410 54 725 837 93 987 042 14 654 757 445 076 964 2 149 695 469 828 111 154 26 363 32 941 014
802 307 210 5 105 300 1 530 060 240 741 1 128 9 268 42 067 86 27 270 115 685 40 927 31 807 6 206 27 471 220 118 933 64 056 1 498 804 344 444 6 600 12 602 187
273 013 828 564 489 705 111 26 662 1 518 955 235 572 783 008 2 449 962 116 977 069 60 069 440 157 624 38 926 880 122 716 588 29 855 240 55 479 589 24 182 411 15 959 533 384 788 197 296 142 110 274 101 992 551 059 254 800 882 20 894 319 10 832 770 934
628 633 10 2 007 10 556 1 031 306 1 056 467 32 3 275 88 890 1 190 47 707 152 264 18 710 7 620 5 849 10 333 200 88 846 57 926 2 189 635 394 668 4 111 11 222 225
267 562 179 10 664 790 179 9 334 416 1 049 912 693 2 802 123 710 10 000 39 649 515 102 249 145 794 832 52 019 404 141 275 481 22 526 649 25 523 438 11 299 218 12 475 917 1 302 135 122 331 233 165 252 266 2 862 350 983 786 087 047 6 126 186 14 259 936 185
Manure Tanning excerpts or tinctoriaux Essential oils and résinoïdes Soaps, surface organic products, Albuminoïdes products; products made of starches Powders and explodings; pyrotechnics articles, matches Photographic or film products Various products of chemical industries Plastic products and and other articles made of plastic Rubber and articles made of rubber Hides and Skins Articles made of leather Peltries and furs; artificial peltry Wood, charcoal and articles made of wood Liege and all liege products Artcrafts products (articles of sparterie or basketwork) Wood paste or other articles made of wood paste Papers and cartons Editing products Silk Wool, polish thin or big; corde and cloths made of horsehair Cotton Other plant textile fibers Synthetic or artificial filaments Discontinuous synthetic or artificial fibers Cotton wool, felts and nontissés Carpets and other floor-coverings made of textile products Special clothes; surfaces textile touffetées Impregnated Cloths (or fabrics) Materials of hosiery Clothes and accessories of clothes made hosiery, Clothes and accessories other than those made of hosiery Other textile articles ; assortments Shoes and similar articles Hairdressings and their parts
TABLEAU IV.7(3)
IMPORTATIONS MENSUELLES PAR PRINCIPALES RUBRIQUES EN 2009/IMPORTS BY MAIN CATEGORIES IN 2009 Poids net en kg Valeur cif en de FRW
Janvier/January Qté Valeur 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97
Parapluies, ombrelles, parasols, cannes, cannes-sièges Plumes et duvet apprêter et articles en plumes ou en duvet Ouvrages en pierres Produits céramiques Verre et ouvrages en verre Perles fines ou de culture Fonte, fer et acier Ouvrages en fonte, fer ou acier Cuivre et ouvrage en cuivre Nickel et ouvrage en nickel Aluminium et ouvrage en aluminium Magnésium Plomb et ouvrage en plomb Zinc et ouvrage en zinc Etain et ouvrage en étain Autres métaux communs Outils et outillage Ouvrages divers en matières communs Réacteurs nucléaires, chaudières, machines, appareils Machines, appareils et matériel électriques Véhicules et matériel pour voies ferrées Voitures automobiles Navigation aérienne ou spatiale Navigation maritime ou fluviale Instruments et appareils d'optique Horlogerie Instruments de musique; parties et accessoires Armes munitions et leurs parties et accessoires Meubles; mobilier médico-chirurgical Jouets, jeux, articles pour divertissements ou pour sports Ouvrages divers Objets d'art, de collection ou d'antiquité Total Source: BNR, Statistics Department
Février/February Qté Valeur
Mars/March Qté Valeur 18 610 5 587 155 157 1 389 822 1 163 319 603 3 668 968 1 065 153 132 360 45 197 890
12 481 709 7 372 751 84 017 705 576 989 890 587 238 605 6 070 795 2 112 751 436 1 395 383 263 406 463 653 80 000 294 506 122 1 452 768 1 792 951 149 294 351 808 138 726 223 642 807 755 6 187 368 358 14 484 867 460 3 041 915 3 019 093 955 12 435 184 143 931 842 1 565 238 951 11 808 422 4 881 927 906 905 770 71 595 974 68 293 568 722 255 32 748 822 309
28 043 5 761 129 897 1 567 122 1 002 722 335 3 369 135 1 397 247 11 803
29 679 831 10 946 654 95 859 946 557 557 943 515 535 396 370 370 2 341 684 389 3 640 246 955 11 291 820
48 058 6 485 92 414 765 029 792 670 730 2 861 968 981 685 18 355
37 688 659 9 376 900 87 589 868 283 385 449 428 778 706 2 212 844 1 834 472 257 1 881 782 074 38 016 711
181 367
510 997 576
249 848
402 393 016
20 7 619 200
70 000 80 674 755 10 220
552 2 452
10 535 670 3 187 530
346 512 112 212 670 806 980 651 22 366 1 141 166
335 273 944 121 560 026 5 274 625 323 8 303 834 340 83 129 807 3 141 971 078
110 433 2 311 2 209
1 448 448 724 2 311 743 4 951 221
228 939 161 633 375 688 2 126 894 4 379 1 177 653 20 2 677 29 053 2 119 5 328
178 093 394 224 028 481 3 938 335 980 12 446 255 527 1 450 441 4 070 498 408 540 953 2 244 894 528 094 362 4 501 321 16 180 284
338 1 637 284 516 104 949 418 102 622 279 1 833 503 4 286 996 133 73 18 975 161 912 7 437 1 736
504 658 64 603 116 698 1 921 11 777 817
1 060 587 524 126 753 531 174 040 016 1 357 306 27 873 770 439
381 495 96 446 63 941 1 488 10 477 999
1 061 762 535 522 319 494 119 570 004 990 327 28 134 286 091
495 614 56 744 57 050 1 266 12 580 348
Umbrellas, sunshades, canes, cane-seats, Feathers and articles made of feathers Articles made of stones Ceramic products Glasses and articles made of glass Fine pearls or pearls of culture Melting, iron and steel Articles made of melting, iron or steel Copper and articles made of copper Nickel and articles made of nickel Aluminum and articles made of aluminum Magnesium Lead and articles made of lead Zinc and articles made of zinc Tin and articles made of tin Other common metals Tools and accessories Various articles made of comon matters Nuclear reactors, furnaces, machines, devices Machines, devices and material electric Vehicles and material for railroad Automobile cars Aerial or spatial navigation Maritime or fluvial navigation Instruments and optical devices Clockmaking articles Instruments of music; spare parts and accessories Weapons munitions and their parts and accessories Furniture; medico-surgical furniture Toys, games, articles for entertainment or for sport Various articles Articles of art, collection or antique
TABLEAU IV.7(suite)
IMPORTATIONS MENSUELLES PAR PRINCIPALES RUBRIQUES EN 2009/IMPORTS BY MAIN CATEGORIES IN 2009
Poids net en kg Valeur cif en frw
Qté 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Animaux vivants Viandes et abats comestibles Poissons et crustacés, mollusques et autres invertébrés aquatiques Laits et produits de la laiterie, œufs d'oiseaux, miel naturel Autres produits d'origine animale Plantes vivantes et produits de la floriculture Légumes, plantes, racines et tubercules alimentaires Fruits comestibles, écorces d'agrumes ou de melons Café, thé, maté et épices Céréales Produits de la minoterie; malt; amidons et fécules Graines et fruits oléagineux; graines, semences et fruits divers Gommes, résines et autres sucs et extraits végétaux Matières à tresser et autres produits d'origine végétale Graisses et huiles animales ou végétales Préparations de viande, de poisson ou de crustacés Sucres et sucreries Cacao et ses préparations Préparations à base de céréales, de farines, d'amidons Préparations de légumes, de fruits ou d'autres parties de plantes Préparations alimentaires diverses Boissons, liquides alcooliques et vinaigres Résidus et déchets des industries alimentaires Tabacs et succédanés de tabac fabriqués Sel; soufre, terre et pierres; plâtres,chaux et ciments Minerais, scories et cendres Combustibles minéraux Produits chimiques inorganiques Produits chimiques organiques Produits pharmaceutiques S/Total Source: BNR, Statistics Department
Avril/April Valeur
81 357 1 712 328 636 146 707 6 030 995 119 325 619 611 58 013 10 271 587 2 677 409 1 819 773
87 102 307 6 727 313 73 860 838 71 514 638 241 524 1 165 633 8 092 825 49 184 141 7 978 861 2 162 386 082 1 195 221 774 494 938 091
300 4 250 107 1 834 2 463 372 22 961 2 055 440 272 476 213 345 129 453 148 716 55 787 14 701 756 30 14 188 994 178 846 122 934 292 334 55 229 840
6 000 2 722 240 573 1 309 781 1 012 014 006 15 534 780 1 082 372 642 98 630 128 198 369 032 54 759 745 13 447 011 138 162 311 2 199 882 648 7 200 4 555 145 830 105 646 361 78 261 770 11 678 949 237 28 113 153 082
Qté
Mai/May Valeur
325 904 834 439 188 200 210
392 066 322 2 371 162 108 268 111 269 247 399
5 927 86 110 558 770 17 007 7 585 185 4 669 239 2 457 230
21 137 758 9 170 570 42 491 255 4 274 304 1 552 404 814 1 940 549 199 653 684 687
1 200 3 390 424 5 338 2 531 578 6 531 2 580 901 245 189 118 500 191 578 118 036 72 752 15 922 411
136 000 1 964 244 870 5 657 456 1 074 939 570 13 665 847 1 140 994 174 101 393 446 102 870 444 106 771 793 6 952 647 196 643 307 2 341 377 226
13 420 239 467 229 283 775 195 316 55 896 601
3 952 064 201 276 509 922 270 251 525 1 943 608 272 18 493 746 280
Qté
Juin/June Valeur
161 027 2 242 491 995 237 624 881 40 907 816 907 1 209 505 44 418 11 494 625 2 336 735 968 173
76 437 269 91 241 112 53 055 237 22 459 297 2 494 714 664 1 014 594 358 194 527 428
1 560 3 319 656 17 940 1 392 106 8 465 475 141 120 525 254 608 262 648 111 324 65 250 13 216 553 50 16 396 884 225 694 131 597 231 620 54 036 660
1 298 373 1 785 056 328 8 179 894 621 090 319 12 225 612 302 005 825 34 431 674 378 705 425 159 366 553 6 809 787 185 097 450 1 942 850 745 25 000 5 408 733 308 156 349 829 351 586 550 1 980 486 105 17 722 118 189
193 310 855 7 550 958 117 868 275 119 426 971 2 632 988
Alive animals Meats and meat edible products Sea food Milk and milk products; birds eggs; natural honey Other products of animal origin Alive plants and products of the floriculture Vegetables, plants, roots and edible tubers Edible fruits, peels of citrus fruits or melons Coffee, tea, and spices Cereals Milled products, malt and starches Seeds and oleaginous fruits, seeds, and various fruits Erasers, resins and other juices and plant excerpts Matters to plait and other products of plant origin Fats and oil of animal or plant origin Preparations of meat, fish or sea food Sugars and sweets Cocoa and some cocoa products food products made of cereals, flours, or starches Preparations of vegetables, fruits or other parts of plants Various food preparations Beverages, alcoholic drinks and vinegars Residuals and garbage from food industries Tobacco and substitutes of tobacco Salt; sulfur, soil and stones, plâtres,chaux and cement Ores, slags and ashes Mineral fuels products Unorganic chemicals Organic chemicals Pharmaceutical products
TABLEAU IV.7(suite)2
IMPORTATIONS MENSUELLES PAR PRINCIPALES RUBRIQUES EN 2009/IMPORTS BY MAIN CATEGORIES IN 2009
Poids net en kg Valeur cif en de FRW Avril/April Qté Valeur 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65
Engrais Extraits tannants ou tinctoriaux Huiles essentielles et résinoïdes Savons, agents de surface organiques Matières albuminoïde, produits à base d'amidons ou de fécules Poudres et explosifs, articles de pyrotechnie, allumettes Produits photographiques ou cinématographiques Produits divers des industries chimiques Matières plastiques et ouvrages en ces matières Caoutchouc et ouvrages en caoutchouc Peaux Ouvrages en cuir Pelleteries et fourrures, pelleterie factices Bois, charbon de bois et ouvrages en bois Liège et ouvrage en liège Ouvrages de sparterie ou de vannerie Pâte de bois ou d'autres matières fibreusescellulosiques Papiers et cartons Produits de l'édition Soie Laine, polis fins ou grossiers; fils et tissus de crin Coton Autres fibres textiles végétales Filaments synthétiques ou artificiels Fibres synthétiques ou artificielles discontinues Ouates, feutres et nontissés Tapis et autres revêtements de sol en matières textiles Tissus spéciaux, surfaces textiles touffetées Tissus imprégnés Etoffes de bonneterie Vêtements et accessoires du vêtement, en bonneterie Vêtements et accessoires du vêtement, autres qu'en bonneterie Autres articles textiles confectionnés, assortiments Chaussures, guêtres et articles analogues Coiffures et parties de coiffures S/Total Source: BNR, Statistics Department
241 575 415 661 354 067 1 305 824 25 540 24 454 13 650 171 110 864 151 315 281 840 61 502 29 657 796 100 9 540 70 800 772 158 023 1 210 87 45 609 9 274 17 036 141 795 63 780 8 148 17 045 15 583 3 204 65 354 69 905 1 286 252 325 263 4 530 7 494 060
152 085 732 305 721 502 1 004 282 313 587 256 697 26 810 883 23 052 351 52 252 491 655 215 054 1 556 039 273 708 795 827 797 047 40 996 238 6 800 321 152 175 25 000 1 526 509 470 216 864 910 244 455 119 150 2 736 917 331 562 37 061 016 1 386 208 13 613 918 159 381 059 68 100 083 12 952 278 20 021 863 6 740 076 4 899 052 159 846 099 138 155 175 792 578 465 262 702 474 8 140 574 8 445 162 320
Qté
Mai/May Valeur
23 869 165 375 301 988 1 396 426 31 881 26 038 5 380 95 217 1 672 403 220 563 10 35 107 1 564 357 100 7 086 11 929 583 942 65 608 1 269
46 832 287 188 247 075 304 250 267 582 370 778 32 793 207 19 455 867 30 988 523 409 174 594 2 880 648 091 535 656 705 74 759 22 662 045 1 531 189 863 378 25 000 1 048 725 1 560 243 574 433 190 292 463 431 3 101 257
32 491 24 679 23 577 150 207 17 072 2 952 8 307 5 304 930 76 596 33 213 1 718 561 256 593 3 701 7 562 732
71 965 426 4 061 080 32 184 666 191 808 934 63 875 676 2 625 918 5 614 116 3 018 491 3 600 343 112 139 865 52 757 195 885 363 246 228 502 920 5 514 450 7 778 683 282
Qté
Juin/June Valeur
7 626 158 190 912 265 915 1 489 424 53 379 33 199 11 265 174 494 621 332 118 567 260 22 512
2 912 566 415 177 341 869 350 603 777 716 901 280 60 013 866 23 044 173 65 397 704 866 548 880 751 183 172 274 319 651 690 256 16 436 737
859 211 50 80 4 500 850 246 104 728 320 242 41 594 17 419 20 724 141 559 229 593 26 751 17 933 17 840 21 96 306 49 918 1 053 647 237 041 1 932 14 379 072
462 801 949 54 930 57 276 4 920 403 764 925 439 646 405 927 669 741 437 400 61 794 283 2 097 614 21 825 754 166 155 604 306 904 293 56 101 295 13 498 340 7 980 044 16 848 203 509 293 114 063 050 689 731 385 234 893 574 3 389 331 9 977 281 554
Manure Tanning excerpts or tinctoriaux Essential oils and résinoïdes Soaps, surface organic products, Albuminoïdes products, products made of starches Powders and explodings, pyrotechnics articles, matches Photographic or film products Various products of chemical industries Plastic products and and other articles made of plastic Rubber and articles made of rubber Hides and Skins Articles made of leather Peltries and furs; artificial peltry Wood, charcoal and articles made of wood Liege and all liege products Artcrafts products (articles of sparterie or basketwork) Wood paste or other articles made of wood paste Papers and cartons Editing products Silk Wool, polish thin or big, corde and cloths made of horsehair Cotton Other plant textile fibers Synthetic or artificial filaments Discontinuous synthetic or artificial fibers Cotton wool, felts and nontissés Carpets and other floor-coverings made of textile products Special clothes, surfaces textile touffetées Impregnated Cloths (or fabrics) Materials of hosiery Clothes and accessories of clothes made hosiery, Clothes and accessories other than those made of hosiery Other textile articles, assortments Shoes and similar articles Hairdressings and their parts
TABLEAU IV.7(3)
IMPORTATIONS MENSUELLES PAR PRINCIPALES RUBRIQUES EN 2009/IMPORTS BY MAIN CATEGORIES IN 2009 Poids net en kg Valeur cif en de FRW
Qté 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97
Parapluies, ombrelles, parasols, cannes, cannes-sièges Plumes et duvet apprêter et articles en plumes ou en duvet Ouvrages en pierres Produits céramiques Verre et ouvrages en verre Perles fines ou de culture Fonte, fer et acier Ouvrages en fonte, fer ou acier Cuivre et ouvrage en cuivre Nickel et ouvrage en nickel Aluminium et ouvrage en aluminium Magnésium Plomb et ouvrage en plomb Zinc et ouvrage en zinc Etain et ouvrage en étain Autres métaux communs Outils et outillage Ouvrages divers en matières communs Réacteurs nucléaires, chaudières, machines, appareils Machines, appareils et matériel électriques Véhicules et matériel pour voies ferrées Voitures automobiles Navigation aérienne ou spatiale Navigation maritime ou fluviale Instruments et appareils d'optique Horlogerie Instruments de musique; parties et accessoires Armes munitions et leurs parties et accessoires Meubles; mobilier médico-chirurgical Jouets, jeux, articles pour divertissements ou pour sports Ouvrages divers Objets d'art, de collection ou d'antiquité S/Total TOTAL Source: BNR, Statistics Department
Avril/April Valeur
Qté
Mai/May Valeur
Qté
Juin/June Valeur
13 844
10 069 911
26 006
19 014 073
29 615
3 822
10 216 395
10 475
8 259 398
2 411
31 011 302 Umbrellas, sunshades, canes, cane-seats,
225 751
105 621 053
356 217
166 871 824
153 431
1 758 061
600 156 786
991 027
348 836 767
871 543
381 156 801 Ceramic products
628 502
453 290 829
403 808
245 112 544
258 998
179 520 599 Glasses and articles made of glass
437
2 489 528
893
2 056 449
2 394
3 004 752
1 726 602 377
3 484 595
1 872 711 630
5 554 811
3 189 406 006 Melting, iron and steel
1 256 899
1 893 880 492
1 041 847
1 882 293 623
1 839 439
2 762 724 817 Articles made of melting, iron or steel
2 251
6 969 212
205 747
127 225 075
3 368
2 304
1 091 291
26 041
28 383 927
90
233 999
417 031 483
193 465
317 639 359
144 891
12
9 000
13
2 770
2 959 722
3 226 080 Feathers and articles made of feathers 57 142 209 Articles made of stones
96 348 196 Fine pearls or pearls of culture
15 576 273 Copper and articles made of copper 36 179 Nickel and articles made of nickel 312 347 484 Aluminum and articles made of aluminum Magnesium
736
1 876 112
130
121 574
250
170 584
224 618
216 636 489
58 505 Lead and articles made of lead Zinc and articles made of zinc Tin and articles made of tin
259 079
210 949 308
337
1 187 849 Other common metals
539 260
397 627 191 Tools and accessories
221 219
333 950 548
160 278
170 179 928
59 902
498 253
3 012 588 445
914 141
4 490 938 324
584 570
1 633 400
5 206 351 820
1 629 418
13 218 498 225
1 817 064
6 510
3 479 681
3 970
1 829 737
17 939
880 521
2 731 906 849
1 232 925
3 529 513 648
1 137 840
121 671 606 Various articles made of comon matters 3 687 104 188 Nuclear reactors, furnaces, machines, devices 11 608 608 044 Machines, devices and material electric 33 292 079 Vehicles and material for railroad 4 823 536 605 Automobile cars
86
374 402
15
15 446
98
2 331
3 158 028
839
17 065 934
62 104
165 822 865 Maritime or fluvial navigation
77 317
1 143 842 827
96 159
1 192 061 429
69 783
2 112 202 157 Instruments and optical devices
2 896
7 805 902
3 940
6 304 446
5 512
1 831
7 308 473
788
2 523 581
1 199
38
1 479 876
23
448 322
810
306 743
725 516 098
335 861
517 538 796
316 925
19 243
24 053 450
18 107
26 476 871
16 011
62 743
99 958 186
75 588
126 073 808
99 390
2 441
3 036 797
1 655
462 070
2 341
11 071 928 73 795 828
18 751 035 499 55 309 350 901
11 475 689 74 935 022
28 532 253 265 54 804 682 826
13 592 089 82 007 821
11 880 Aerial or spatial navigation
9 259 208 Clockmaking articles 10 765 342 Instruments of music; spare parts and accessories 105 333 208 Weapons munitions and their parts and accessories 614 161 470 Furniture; medico-surgical furniture 16 189 029 Toys, games, articles for entertainment or for sport 150 697 228 Various articles 3 703 123 Articles of art, collection or antique
30 889 727 521 58 589 127 264
