(Ecofin Agency) - In 2017, Rwanda’s economy grew by 6.1% against 5.9% in 2016. This good performance is the result of an improvement in the agricultural sector, according to the National Institute of Statistics (NISR). Indeed, the latter indicated in a statement that during the period under review, the sector grew by 7% thanks to good food crop harvests.
The figures published by NISR also revealed that this strong performance is also the result of good manufacturing practices and growth in the production of minerals such as coltan and cassiterite.
Let’s note that on March 6, 2018, in view of the good weather conditions, the central bank forecasted a 6.5% economic growth in 2018. This can be explained by the important impact weather has on Rwanda’s economy as 70% of the active population is in the agricultural sector and this sector makes 31% of the GDP.