Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

Rwanda’s economy grew by 6.1% in 2017

Thursday, 15 March 2018 16:16

(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.  

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Mining


 
Telecom


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.