{"id":54282,"date":"2013-03-28T15:31:39","date_gmt":"2013-03-28T15:31:39","guid":{"rendered":"http:\/\/ghana-mma.com\/2013\/03\/rwanda-aims-for-average-growth-of-11-5-through-2017\/"},"modified":"2013-03-28T15:31:39","modified_gmt":"2013-03-28T15:31:39","slug":"rwanda-aims-for-average-growth-of-11-5-through-2017","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2013\/03\/28\/rwanda-aims-for-average-growth-of-11-5-through-2017\/","title":{"rendered":"Rwanda aims for average growth of 11.5% through 2017"},"content":{"rendered":"

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Rwanda’s President Paul Kagame on October 15, 2010 at the FAO headquarters in Rome, Italy. By Andreas Solaro (AFP\/File)<\/div>\n

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GATSIBO, Rwanda (AFP) – Rwandan President Paul Kagame said Thursday his country will aim for average annual economic growth of 11.5 percent for the next five years.<\/p>\n

“We have set ourselves a target of promoting this country’s economic development. We want economic growth to average 11.5 percent” for the period 2013-2017, Kagame told a government retreat.<\/p>\n

“It’s a feasible target,” he went on, saying that the fact that Rwanda managed 8 percent growth in 2012 despite suspensions of foreign budget support was “a miracle”.<\/p>\n

The 8 percent growth figure is according to the government. The International Monetary Fund put Rwanda’s 2012 growth at 7.7%.<\/p>\n

In 2012 several donor countries suspended their budget support to Rwanda following accusations from the United Nations that Kigali was backing rebels in eastern Democratic Republic of Congo.<\/p>\n

Rwanda has always denied the claims.<\/p>\n

Nearly two decades after the 1994 genocide, 40% of Rwanda’s budget still comes from aid.<\/p>\n

In February Germany unfroze some 7 million euros of aid and reallocated it for professional training.<\/p>\n


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Rwanda’s President Paul Kagame on October 15, 2010 at the FAO headquarters in Rome, Italy. By Andreas Solaro (AFP\/File) GATSIBO, Rwanda (AFP) – Rwandan President Paul Kagame said Thursday his country will aim for average annual economic growth of 11.5 percent for the next five years.”We have set ourselves a target of promoting this country’s economic development. We want economic growth to average 11.5 percent” for the period 2013-2017, Kagame told a government retreat.”It’s a feasible target,” he went on, saying that the fact that Rwanda managed 8 percent growth in 2012 despite suspensions of foreign budget support was “a miracle”.The 8 percent growth figure is according to the government…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-54282","post","type-post","status-publish","format-standard"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2013\/wp-json\/wp\/v2\/posts\/54282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2013\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2013\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2013\/wp-json\/wp\/v2\/comments?post=54282"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2013\/wp-json\/wp\/v2\/posts\/54282\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2013\/wp-json\/wp\/v2\/media?parent=54282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2013\/wp-json\/wp\/v2\/categories?post=54282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2013\/wp-json\/wp\/v2\/tags?post=54282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}