{"id":6569,"date":"2019-11-14T12:02:38","date_gmt":"2019-11-14T09:02:38","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=6569"},"modified":"2026-01-11T05:30:41","modified_gmt":"2026-01-11T05:30:41","slug":"why-imf-raised-rwandas-economic-growth-forecast","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/11\/14\/why-imf-raised-rwandas-economic-growth-forecast\/","title":{"rendered":"Why IMF Raised Rwanda\u2019s Economic Growth Forecast"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>By&nbsp;Collins Mwai<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The International\nMonetary Fund has revised Rwanda\u2019s economic growth projections to 8.5 per cent\nfrom&nbsp;<a href=\"https:\/\/www.newtimes.co.rw\/news\/rwandas-economy-grow-78-imf\">7.8\nper cent.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While winding up their\ntwo-week mission in Kigali, officials from IMF said that economic activity in\nthe first half of the year had outpaced expectations with real Gross Domestic\nProduct growing by&nbsp;<a href=\"https:\/\/www.newtimes.co.rw\/news\/rwandan-economy-grows-84-first-quarter\">10.3\nper cent in the first half of the year.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the second half\nof the year still fast-paced, the IMF projects that growth will be higher than\nwas projected.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe uptick in\nconstruction reflects both public infrastructure projects and private\ninvestment. Growth is expected to remain strong, 8.5 per cent in 2019 and\naround 8 per cent for the next 2 or 3 years,\u201d Laure Redifer the mission\u2019s chief\nnoted.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among the major\nconstruction projects that she noted had kept growth high include construction\nof the Kigali Arena, energy and sanitation projects, road construction projects\nas well as private sector projects such as commercial buildings and\nresidential.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The growth in the first half of the year was driven by the service sector due to growth in the tourism and transport sectors\u2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.newtimes.co.rw\/news\/why-imf-raised-rwandas-economic-growth-forecast\">Read more>><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By&nbsp;Collins Mwai The International Monetary Fund has revised Rwanda\u2019s economic growth projections to 8.5 per cent from&nbsp;7.8 per cent. While winding up their two-week mission in Kigali, officials from IMF&hellip;<\/p>\n","protected":false},"author":3,"featured_media":6571,"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-6569","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\/6569","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=6569"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/6569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/6571"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=6569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=6569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=6569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}