Rwanda's economy to grow 6.5 percent in 2015


(MENAFN) Rwanda's economy will grow by 6.5 percent in 2015, down from 7 percent last year, said a joint forecast released by the government and the International Monetary Fund (IMF), Xinhua reported.

Rwandan Minister of Finance and Economic Planning said in a statement that the projection is based on low inflation pressure estimated below 3.5 percent by the end of this year.

Meanwhile, the economy will benefit from lower oil prices, according to the IMF. After a slowdown growth rate of 4.7 percent in 2013, Rwanda's economy rebounded in 2014, up 7 percent in real terms.


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