Rwanda's Economy Looking Good for Growth - IMF

International Monetary Fund Managing Director Kristalina Georgeiva, in a visit to Rwanda on January 24-26, 2023, held discussions with President Paul Kagame on the country's economic outlook. 

According to Georgieva, the IMF is projecting that Rwanda's economy will grow by 6.2% in 2023, and by 7.5% in 2024, Reuters reports.

The IMF chief also praised the country's commitment to dealing with climate change. Rwanda is the first African country to access the financing facility to build resilience to the climate emergency.

Georgieva warned African countries to be cautious of unsustainable levels of debt.

The three-day visit to Rwanda and Zambia, included a meeting with East African leaders and central bank governors, on the IMF's new Resilience and Sustainability Trust.

In Georgieva's visit to Zambia, discussions were held with President Hakainde Hichilema, where she praised the country's economic reforms.

Kristalina Georgieva, managing director of the International Monetary Fund, (in light-coloured jacket) meets Rwandan president Paul Kagame in Kigali on January 25, 2023.


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