IMF Keeps Rwanda’s Growth at 6.9%, Sees Cautious Monetary Policy

IMF Keeps Rwanda’s Growth at 6.9%, Sees Cautious Monetary Policy

Kigali, Rwanda, Capital Markets in Africa — International Monetary Fund stated that Rwanda’s economic performance in 2015 remained robust, with GDP growth of 6.9 percent. Growth in 2015 was buoyed by strong construction and services activity, with agriculture and manufacturing also performing well. Consumer price inflation remained contained, averaging 2.5 percent for the year, though it increased in the second half of 2015 due to higher food prices and administrative price increases. In February 2016,…

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Rwanda’s Capital Market and City of Kigali studying to address financial problems of city housing costs

Rwanda’s Capital Market and City of Kigali studying to address financial problems of city housing costs

Kigali, Rwanda, Capital Markets in Africa — The City of Kigali (CoK) and the Rwandan Capital Market Authority (CMA) are studying moves to spearhead a financial scheme to enable residents in unplanned settlements within the city to move into a decent modern housing. The scheme which is under study will also enable modern buildings as planned in the Master Plan of the City of Kigali. The study is expected to be completed by end of the…

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