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International Monetary Fund sees Rwanda's economy slowing in 2016

Published on April 07, 2016

The International Monetary Fund said on Tuesday it expects Rwanda's economy to slow this year and pick up in 2018, forecasting around 6 percent growth this year compared with 6.9 percent last year.
It said Rwanda had agreed to pursue a more cautious monetary policy and put off some public spending to help slow the demand for imports. "The (IMF) mission expects that successful implementation of these policies will maintain economic growth at around 6 per cent, while keeping inflation below 5 per cent," it said in a statement. Read more. Source | Standard Digital