Different economic and financial specialists from World Bank(WB) and government of Rwanda have converged in a meeting to launch the second edition of the Rwanda’s economic update.
Comments about the findings from a number of stakeholders are emerging as the house hold enterprises report.
In a press release by WB has indicated that Rwanda has had resilience economic adversity and her growth prospects remains favourable.
“This resilience is a result of sound macroeconomic management in times when regional and global shocks are having adverse consequences for many neighbouring countries,” Johannes Zutt the world bank country Director for Rwanda.
The report titled resilience in the face of economic adversity: policies for growth with a favor on household enterprise predicts Rwanda’s 2011 growth at over 8 percent a growth rate that is stronger than forecast for Sub-Saharan Africa as a whole.
It also indicate that Rwanda’s economic growth in the first half of 2011 was led by strong performance in the industrial and service sectors.
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