Skip to content
Subscriber Only
Business
Economics

Rwanda Central Bank Sees 2014 Economic Growth Above Expectations

Updated on

Rwanda’s economic growth will be faster-than-expected this year and accelerate further in 2015 as low interest rates help spur investment by private industry, central bank Chief Economist Thomas Kigabo said.

The economy is forecast to expand 7 percent next year from 6.8 percent in 2014, up from an earlier projection of 6 percent, Kigabo said in an interview in the capital, Kigali. Annual inflation is expected to remain below 5 percent next year helped by sliding prices for oil, he said today.