cover image: Socio-economic transformation for Rwanda’ growth and sustainable development

20.500.12592/px04t7

Socio-economic transformation for Rwanda’ growth and sustainable development

11 May 2021

BNR 1994 Genocide Against Tutsi More than 1,000,000 million lives lost in the genocide against Tutsi; Stagnating economy shrank by 50% (average growth of 2.2% between 1985 and 1993); 64% of inflation; Poverty rate of 78% with rapid population growth rate of 3.4% (between 1985 – 1990); Entire socio-economic fabric destroyed and dilapidated infrastructure; Large number of displaced perso. [...] health and 30%; education; • Reduced inequality; • Closing trade balance • Poverty reduced by 3% • High growth (average with rapid growth of points (60% to 57%). [...] Social Progress Social progress has been possible due to good governance Kigali representative of this progress: Clean and green city, with the lowest crime of any capital city in the region; Winner of UN Habitat Award (2008) the highest award for an urban area; Safe for women to walk alone (2nd Globally – Gallup report). [...] Social progress has accompanied economic progress Under 5 mortality per 1,000 : 50 (MDG Target:50.1) Maternity Mortality per 100,000 : 210 (MDG target: 268) Life expectancy : from 49 years in 2000 to 66 years by 2017; Literacy rates (aged 15 to 24) : from 48% in 2000 to 86.5% in 2017; Financial inclusion : from 48% in 2008 to 89% in 2016; Mobile phones owners : from 6% in 2006 to 79.2%. [...] • Reserves coverage will decrease from 6 months of imports in 2020 to 5.1 in 2021 to support investments in the economy.

Authors

Jean Acheson

Pages
31
Published in
Rwanda