Rwanda economy likely to grow by 7.2 pct this year: finance minister
By Respect Gwenzi, Mar 26, 2018
Rwanda's economy is likely to expand by 7.2 percent this year, boosted by the services sector and a rebound in construction, the finance minister said on Friday.
The International Monetary Fund, which held a joint press conference with the minister, Claver Gatete, said it expects growth of 7-8 percent.
The East African economy, which relies on farming, grew 6.1 percent last year.
"We don't see any sort of serious downside risks to this forecast at this time," the IMF said.
Gatete said growth was expected to pick up to 7.8 percent next year.
- Reuters

Top Stories
TSL Retreat from Nampak's $25 Mn Deal: An Immature Romance Doomed by Shareholder Scepticism
TSL Limited, a Zimbabwean conglomerate with interests in logistics, agrochemicals, and packaging, has terminated its US$25 million bid for a 51.43% stake in Nampak Zimbabwe, the country’s leading pack
1 day agoWeekly Currency Review: Is ZiG’s Stability Fundamentally Driven or Cosmetically Defined?
The local currency, the ZiG, has maintained a stable performance for nearly a year, marking a significant milestone in the country’s economic landscape. On September 16, 2025, the ZiG opened the week
Sep 16, 2025