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
Edgars Lines Up New Store Openings with Quality Affordable Clothes to Take on Informal Sector
Edgars Stores Zimbabwe Limited, a prominent fashion retailer established in 1946 by Sydney Press, has been a cornerstone of Zimbabwe’s retail landscape for over 77 years, catering primarily to middle
Jul 23, 2025Econet Enhances Connectivity in Underserved Communities, Sustains Dominance in Data, Voice Traffic in Q1
Econet has intensified its efforts to bridge the digital divide by deploying ten lightweight, cost-effective base transceiver stations (BTS) in underserved rural areas during the first quarter ended 3
Jul 22, 2025