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InterviewsAugust 1 2014

CBG focuses on keeping Rwanda steady

Rwanda’s macroeconomic performance over the past decade has been impressive, and the central bank governor says that developing the country’s bond markets is crucial to ensuring that remains the case.
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CBG focuses on keeping Rwanda steady

Since 2000, Rwanda has stood out for its macroeconomic stability. Economic growth in the small east African country has averaged about 8%. Inflation has tended to be far below the regional average.

Maintaining that situation is a priority for John Rwangombwa, governor of the National Bank of Rwanda (NBR), the country's central bank. Inflation has steadily fallen in the past two years, dropping from 8% in mid-2012 to 1.4% in June. Mr Rwangombwa thinks it will rise by the end of the year, but only to about 3%.

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