{"id":3327,"date":"2019-06-26T08:06:55","date_gmt":"2019-06-26T08:06:55","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=3327"},"modified":"2026-01-11T05:30:22","modified_gmt":"2026-01-11T05:30:22","slug":"wb-assures-of-rwandas-economic-growth-despite-global-uncertainty","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/06\/26\/wb-assures-of-rwandas-economic-growth-despite-global-uncertainty\/","title":{"rendered":"WB Assures Of Rwanda\u2019s Economic Growth Despite Global Uncertainty"},"content":{"rendered":"\n<p><strong><em>By\u00a0 <\/em><\/strong><a href=\"https:\/\/www.newtimes.co.rw\/profile\/collins-mwai\"><strong><em>Collins Mwai<\/em><\/strong><\/a><\/p>\n\n\n\n<p>World Bank officials have\nsaid that all signs indicate that Rwanda in on course for continued economic\ngrowth in 2019, despite global uncertainties occasioned by trade wars.<\/p>\n\n\n\n<p>The economy is projected to\ngrow by 7.8 per cent in 2019 from 8.6 per cent last year.<\/p>\n\n\n\n<p>Yasser El-Gammal, the World\nBank Country Manager, said that Rwanda\u2019s medium-term economic outlook is\nfavourable as aspects such as inflation remain low while investments continue\nto grow.<\/p>\n\n\n\n<p>The Bank, however, called for\nmeasures to strengthen private sector capacity to sustain the high growth\ntrajectory in the long-run as opposed to reliance on public investments as is\nthe case now.<\/p>\n\n\n\n<p>\u201cWhile public investments will\ncontinue to support the growth over the medium-term, Rwanda needs to strengthen\nits private sector to stay on a high growth trajectory in the long-run,\u201d\nAghassi Mkrtchyan a senior Economist at The World Bank said.<\/p>\n\n\n\n<p>Rwanda\u2019s performance is\nfurther buoyed by the fact that it\u2019s one of only four countries in Sub-Saharan\nAfrica with low debt distress status.<\/p>\n\n\n\n<p>The Bank rates countries\u2019\nrisk of distress, which is categorized as high, moderate, in-distress, or low.<\/p>\n\n\n\n<p>Aghassi Mkrtchyan, a Senior\nEconomist at the World Bank, said Rwanda maintains a low debt distress through\ncareful borrowing, proper loan management and high economic growth\u2026<a href=\"https:\/\/www.newtimes.co.rw\/business\/wb-assures-rwandas-economic-growth-despite-global-uncertainty\">Read more&gt;&gt;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By\u00a0 Collins Mwai World Bank officials have said that all signs indicate that Rwanda in on course for continued economic growth in 2019, despite global uncertainties occasioned by trade wars.&hellip;<\/p>\n","protected":false},"author":3,"featured_media":3328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[101],"tags":[],"class_list":["post-3327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/3327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=3327"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/3327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/3328"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=3327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=3327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=3327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}