About the Republic of Rwanda
Rwanda is a landlocked country in Central Africa with a land size of 26,338 sq.km. Rwanda has made remarkable progress, peace and political stability have been re-established, reconciliation efforts are continuing, and democratic institutions and processes are being strengthened. Poverty and social indicators have also improved. Rwanda has been able to maintain overall macroeconomic stability and implement extensive reforms which have contributed to a strong growth performance.
Rwanda’s USD 4.2 billion economy grew 7.9 percent in 2007 and an estimated 8.5 percent in 2008, due largely to strong agricultural progress. Increased productivity in the agricultural and service sectors, accompanied by strong public and private sector investment activity are key sources of growth, employment and poverty reduction in the short to medium term.
Parallel efforts have been made to put in place a sound economic governance framework, including independent regulatory agencies, stronger public expenditure management systems with independent audit agencies, and a strong focus on anti-corruption.
Agriculture currently accounts for about 40 percent of GDP and provides jobs to 80 percent of the population. Rwanda joined the East African Community (EAC) on July 1, 2007. Rwanda is also a member of the Nile Basin Initiative, the Common Market for Eastern and Southern Africa (COMESA), and the Economic Community for the Great Lake Countries (CEPGL). Rwanda’s long term development vision is articulated in the Rwanda Vision 2020 document. The vision sees Rwanda as a lower middle income economy (USD 900 per capita) operating as a knowledge-based service hub by 2020.
Coordinating Ministries
Monsieur le ministre
Ministere du commerce, de l'industrie et de l'artisanat
Bp 73 Kigali
Rwanda
Tel: 250-747251
Fax: 250-75465
Monsieur le Ministre
Ministère des Finance
B.P. 718 Kigali
(Tlx 22502)