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Rwanda established targets for Gross Domestic Product (GDP) growth and poverty reduction, to be achieved by the year 2020; these were to (i) raise real per capita income from $230 to $900; and (ii) reduce the poverty incidence by half. To reach these targets, the Government projected in its 2002...
Persistent link: https://www.econbiz.de/10012553308
The Rwanda economic update reports and synthesizes recent economic developments and places them in a medium term and global context. It analyzes the implications of these developments and policies for the outlook of Rwanda's economy. In this way, these reports contribute to the implementation of...
Persistent link: https://www.econbiz.de/10012560526
Rwanda's economic growth slowed in the first half of 2013. Weighed by a slowdown in domestic demand, the economy grew at a modest rate. Decelerating GDP growth mirrored the low growth of services and was the lowest half-year growth rate since 2010, when the domestic economy was hard hit by the...
Persistent link: https://www.econbiz.de/10012560971
The 10th economic update comes at an important juncture for Rwanda. The country has entered the third decade of uninterrupted economic growth and social progress. Rwanda's global income ranking improved from the seventh poorest in 2000 to the 20th in 2015, on the back of Rwanda's strong...
Persistent link: https://www.econbiz.de/10012247030
The current edition of the Rwanda economic update is titled seeds for higher growth and specially features the agriculture sector. The importance of agriculture's contribution to growth in Rwanda remains considerable, despite the emergence of other significant growth drivers, such as services....
Persistent link: https://www.econbiz.de/10012247594
Rwanda grew at a rapid rate in the second half of 2011, exceeding 10 percent for the first time, since the 2009 global economic downturn. Overall, Rwanda achieved 8.6 percent growth in 2011, and substantially exceeded the average growth for Sub- Saharan Africa (SSA) of 5.0 percent. Rwanda also...
Persistent link: https://www.econbiz.de/10012248069
The Rwanda Economic Update No. 21 reviews the country's macroeconomic performance and prospects and includes a special section focusing on the impact of foreign direct investment (FDI) on the domestic economy. After growing by 8.2 percent in 2022, Real GDP expanded by 9.2 percent in the first...
Persistent link: https://www.econbiz.de/10014578843
EXECUTIVE SUMMARY Economic activity continued to grow at a brisk pace in 2013. Growth projections have been revised slightly downwards to 6.8 percent in 2013 and 2014, based on lower gold and cotton prices that are leading to somewhat lower output, and the impact of the high base of agricultural...
Persistent link: https://www.econbiz.de/10014394288
KEY ISSUES Context and outlook. Mozambique’s macroeconomic outlook remains favorable and the PSI-supported program is broadly on track. All assessment criteria were met and most indicative targets, but there was some slippage on structural reforms. Economic growth is robust and inflation...
Persistent link: https://www.econbiz.de/10014394312
KEY ISSUES Context. Economic growth and macroeconomic stability improved in 2013. A robust rise in tourism earnings supported growth, as well as a reduction in the current account deficit as a share of GDP. The exchange rate has strengthened slightly, at the same time as the central bank...
Persistent link: https://www.econbiz.de/10014394315