Rwanda's economic growth is likely to slow to 6.3 percent this year from an estimated 7 percent last year, mainly due to smaller expansions in the agriculture, construction and services sectors, the central bank chief said on Thursday.
Governor John Rwangombwa told a news conference the slower rate of expansion was partly due to the effects of El Gino rains.
"Agriculture has a big hand in that slight reduction from 7 percent to 6.3 percent," he said, putting growth in the sector, one of the main drivers of the economy, at 5.1 percent this year compared with a projected 5.5 percent last year. Read more. Source | Reuters Africa Read more. Source | Reuters