In times of regional and global turbulence, Rwanda’s economy has demonstrated remarkable resilience. A new Rwanda Economic Update shows why.
In 2011, growth will reach 8.8 percent, inflation has been contained below 10 percent and the exchange rate remains stable. This economic resilience reflects sound macroeconomic management.
Rwanda’s growth prospects for 2011 compare favorably with others in the region, but this outlook is contingent on three factors. First, prudent macroeconomic management continues, inflation is at single digits and the exchange rate remains stable.