{"id":26094,"date":"2016-06-15T04:35:05","date_gmt":"2016-06-15T04:35:05","guid":{"rendered":"https:\/\/new.igihe.com\/rwanda-gdp-grows-by-7-3-in-2016-first-quarter\/"},"modified":"2016-06-17T05:44:41","modified_gmt":"2016-06-17T05:44:41","slug":"rwanda-gdp-grows-by-7-3-in-2016-first-quarter","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/rwanda-gdp-grows-by-7-3-in-2016-first-quarter\/","title":{"rendered":"Rwanda GDP grows by 7.3% in 2016 first quarter"},"content":{"rendered":"<p>{The National Institute of Statistics of Rwanda (NISR) has revealed that the Rwanda\u2019s Gross Domestic Product (GDP) in the first quarter of 2016 grew to Rwf 1536 billion compared to Rwf 1,384 billion of the same period in 2015 a 7.3% growth. } <\/p>\n<p>The director of NISR, Yussuf Murangwa said that services emerged the best performing sector. \u201cThe Services sector contributed 46 percent of GDP while the agriculture sector contributed 33 percent. The industrial sector contributed 15 percent and 6 percent was attributed to adjustment for taxes and subsidies on products,\u201d he said. <\/p>\n<p>Agriculture sector grew by 7 percent and contributed 2.1 percentage points to the overall GDP growth. <\/p>\n<p>Activities in the industrial sector grew by 10 percent and contributed 1.5 percentage points to the GDP growth while service sector increased by 7 percent and contributed 3.4 percentage points to the GDP growth. <\/p>\n<p>NISR says that the growth in agriculture results from exports like coffee and tea while construction and processing food products boosted the performance in agriculture sector.<\/p>\n<p>The good performance of service sector resulted from medium businesses and wholesaling transactions which grew by 11% while IT sector remained stagnant.<\/p>\n<p>\u201cWhat Rwandans propensity to purchase increased,\u201d said Yusuf Murangwa.<br \/>\nIt is expected that Rwanda\u2019s economy will grow by 6% in 2016.<\/p>\n<figure class=\"spip-document spip-document-12811 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/gatetete.jpg\" alt=\"The director of NISR Murangwa and the Minister of Finance and Economic Planning ,Amb.Gatete Claver\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>{The National Institute of Statistics of Rwanda (NISR) has revealed that the Rwanda\u2019s Gross Domestic Product (GDP) in the first quarter of 2016 grew to Rwf 1536 billion compared to Rwf 1,384 billion of the same period in 2015 a 7.3% growth. } The director of NISR, Yussuf Murangwa said that services emerged the best [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[75],"byline":[160],"hashtag":[],"class_list":["post-26094","post","type-post","status-publish","format-standard","hentry","category-economy","tag-homenews","byline-theophile-niyitegeka"],"bylines":[{"id":160,"name":"Th\u00e9ophile Niyitegeka","slug":"theophile-niyitegeka","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":3}],"contributors":[{"id":160,"name":"Th\u00e9ophile Niyitegeka","slug":"theophile-niyitegeka","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":3}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/26094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=26094"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/26094\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=26094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=26094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=26094"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=26094"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=26094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}