World

Rwanda economy likely to grow by 7.2pc this year

Published March 23, 2018 Updated March 23, 2018 01:28pm

The International Monetary Fund, which held a joint press conference with the minister, Claver Gatete, said it expects growth of 7-8 percent.

The East African economy, which relies on farming, grew 6.1 percent last year.

"We don't see any sort of serious downside risks to this forecast at this time," the IMF said.

Gatete said growth was expected to pick up to 7.8 percent next year.

 

Copyright Reuters, 2018