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Analysis by Region - Emerging Markets - Rwanda

Publisher Oxford Economics
Published Jul 31, 2023
Length 6 Pages
SKU # OFE18100743

Description

Analysis by Region - Emerging Markets - Rwanda



The Rwandan economy performed slightly weaker than anticipated in Q1 2023. This year we expect a tightening in purse strings, both by households and the government, as the substantial rise in prices and higher borrowing costs permeate the economy. In addition, concerns over regional stability and Rwanda's involvement in the conflict could have a detrimental impact on business sentiment and calls into question Kigali's ability to source vital donor support. We forecast GDP growth to ease to 6.0% this year, from 8.2% in 2022, and for the economy to expand by just over 6.0% in 2024.

Table of Contents

6 Pages
Rwanda: economy to lose momentum as Conflict risk rises
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
Background
Economic developments
Structure of the economy
Balance of payments
policy and politics

Pricing

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