Simulating the Impact of Covid-19 on Formal Firms in Rwanda
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MTI Practice Note 9J
Prior to Covid-19, Rwanda was booming, with economic growth exceeding ten percent in 2019. Strong growth has been accompanied by significant improvements across various human development indicators, such as poverty reduction and rising life expectancy. The pandemic has placed much of this progress in jeopardy. Exports and tourism have been hurt by border closures and disrupted trade flows, and Rwanda is already experiencing mounting balance of payment and fiscal pressures. The associated economic contraction is likely to result in significant declines in tax revenues.
Adrienne Lees is a Doctoral Fellow at the International Centre for Tax and Development (ICTD), working primarily on projects relating to tax administration and compliance. She was previously an ODI Fellow in the Tax Policy Department at the Ministry of Finance, Planning and Economic Development in Uganda. Adrienne holds an MSc in Economics for Development from the University of Oxford and is completing her PhD in Economics at the University of Sussex.
Giulia Mascagni is a Research Fellow at the Institute of Development Studies and Executive Director of the ICTD. Her main area of work is taxation, but she also has research interest in public finance, evaluation of public policy, and aid effectiveness. She is an economist by training, holding a PhD in Economics from the University of Sussex. Her main geographical interest lies in African countries, with a particular focus on Ethiopia and Rwanda.
Fabrizio Santoro is a Research Fellow at the Institute of Development Studies, and is the co-lead for our programme of work on Digital Public Infrastructure (DPI). Previously, he was Research Lead for the second component of the ICTD's DIGITAX Research Programme. His main research interests relate to governance, public finance, and taxation, with a strong focus on impact evaluation methodologies and statistical analysis. He holds a PhD in Economics from the University of Sussex.
