Faced with an unprecedented recession, Kigali has not said its last word – Jeune Afrique

For more than two decades, Rwanda has experienced sustained growth of 7.2% on average annually, and a GDP per capita that is progressing. of 5%. However, Kigali entered a phase of recession caused by exogenous shocks. Research firm Oxford Economics expects growth to slow to 5.3% in 2023.

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IMF DG wants to strengthen the “financial safety net” for African countries

As the head of the International Monetary Fund (IMF), Kristalina Georgieva, pointed out during her shift in the country at the end of January, “Rwanda, like the rest of the world, was affected by the Covid-19 pandemic and the war in Ukraine, which caused a contraction of 1.7% in our projections before the crisis sanitary ».