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Rwanda’s economy expected to grow 2% in 2020, 6.3% in 2021 – finance minister

(Reuters) – Rwanda’s economy is expected to grow 2% in 2020, 6.3% in 2021 and 8% in 2022 the finance minister said on Monday, as he presented the budget to parliament.

Uzziel Ndagijimana said tourism revenues had decreased by 35% so far, while foreign direct investment would decrease by 62% because of the impact of COVID-19 on trade.

(Reporting by Clement Uwiringiyimana; Writing by Giulia Paravicini; Editing by Alison Williams)


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