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Maintaining momentum with a special focus on Rwanda's pathway out of poverty (Inglês)

The Rwanda economic update reports and synthesizes recent economic developments and places them in a medium term and global context. It analyzes the implications of these developments and policies for the outlook of Rwanda's economy. In this way, these reports contribute to the implementation of the Bank's Africa strategy. The economic update reports cover in each edition a special feature on a selected topic. It is intended for a wide audience, including policy makers, business leaders and other market participants, and the community of analysts, engaged in Rwanda's economy. Rwanda's economy is estimated to have grown by a robust 8 percent in 2012, continuing a decade-long period of strong economic growth. The economic expansion was driven by buoyant private sector activity, particularly in the services sector, where growth exceeded expectations. This strong economic performance has allowed Rwanda to claim for the third year in a row, the title of the fastest growing economy in the East African Community. The domestic economy remained strong despite an estimated 20 percent reduction in Official Donor Assistance (ODA) in 2012, following the intensifying of the conflict in Eastern Congo. Providing jobs to the two million people who will enter the workforce in the decade to come will be crucial to sustaining Rwanda's achievements.

Detalhes

  • Autor

    Hernandez, Marco Antonio

  • Data do documento

    2013/05/01

  • TIpo de documento

    Documento de Trabalho (Série Numerada)

  • No. do relatório

    78229

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    Ruanda,

  • Região

    África,

  • Data de divulgação

    2013/06/06

  • Disclosure Status

    Disclosed

  • Nome do documento

    Maintaining momentum with a special focus on Rwanda's pathway out of poverty

  • Palavras-chave

    access to financial service;energy and water;information and communication technology;Demographic and Health Survey;current account deficit;mobile phone service;Savings and Credit Cooperative;public expenditure framework;Land Administration and Management;increase in interest rate;Agriculture;aid flow;monetary policy;household consumption;Financial Sector;banking sector;financial sector development;reduction in poverty;private sector service;people in poverty;industrial sector;global economy;domestic borrowing;budget support;Foreign Exchange Reserve;formal financial service;life insurance business;food crop production;universal primary education;average family size;poverty headcount rate;increase in inequality;poor rural household;domestic tax base;forms of employment;high population growth;global financial crisis;real estate business;electronic banking services;road transport company;passengers per day;extractive industry sector;mobile phone subscriber;costs of connection;case management system;number of tourists;private sector activity;real exchange rate;household living standard;community health worker;cost of import;public domestic borrowing;foreign currency liquidity;consumption of good;high growth rate;official development aid;source of financing;foreign direct investment;fast economic growth;adverse weather conditions;foreign currency inflows;economies of scale;Job Creation;agriculture sector;rural area;call rate;aid inflow;mobile money;middle class;foreign reserve;consumption growth;operator license;extreme poverty;construction sector;upward pressure;donor funding;global environment;Rural Poor;pension sector;Business Regulation;penetration rate;fiscal consolidation;social spending;trading partner;banking asset;import price;export base;business environment;government operation;financial flow;donor inflows;real gdp;insurance industry;inflationary pressure;government expenditure;agricultural program;loan portfolio;volatile price;retail payment;mobile banking;Exchange Rates;quick reaction;mobile subscribers;borrowing cost;working capital;macroeconomic impact;living condition;investment spending;Economic Management;landlocked country;financial market;global context;competitive economy;economic expansion;market participant;domestic economy;distribution list;electricity tariff;industrial growth;mineral export;negative growth;bank asset;manufacturing sector;land productivity;industry growth;farm employment;banking system;insurance sector;microfinance sector;credit increase;minimum capital;general insurance;transaction cost;adult population;account balance;quality service;local call;communication sector;cellular subscription;financial inclusion;common feature;skilled labor;license obligation;bank payment;expected growth;decreasing inequality;industrial production;Market Risk;high unemployment;land consolidation;household size;wage labor;rural economy;export rate;financing constraint;net result;income source;income risk;increased investment;small landholding;agricultural production;local market;wage employment;Demographic Transition;demographic dividend;farm activity;farm activities;Tax Administration;peacekeeping operation;effective strategy;food price;agricultural productivity;fertility rate;agricultural intensification;shared growth;total consumption;capital expenditure;expenditure area;productivity increase;welfare gains;formal economy;informal business;agricultural process;foreign inflow;import growth;trade deficit;traditional products;aid disbursement;electricity price;tax collection;public budget;risk scenario;telecommunications service;global growth;government financing;external borrowing;external aid;simulation analysis;expenditure strategy;transmission channel;budget revenue;annex annex;dependency ratio;disposable income;household level;transmission mechanism;low rate;international energy;government spending;poverty impact;tourism sector;decomposition method;international reserve;fiscal space;human capital

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