Rwanda National Budget 2017/2018

Rwanda National Budget 2017-2018: Projected growth forecast looks positive!

On Friday 9th June 2017, PwC Rwanda organised in collaboration with the Private Sector Federation (PSF), Ministry of Finance and Economic Planning (MINECOFIN) and Rwanda Revenue Authority (RRA), a post-budget analysis to provide an overview of the economy and key highlights of the budget for financial year 2017/2018.  The event was graced by the Honourable Claver Gatete, the Minister of Finance and Economic Planning (MINECOFIN) who articulated the economic highlights and overview of the financial year 2017/2018 budget.

From his budget speech on 8th June 2017 when he presented the national budget, the Minister projected the Rwanda economy to grow by 6.2% in 2017 and 6.8% in 2018 from 5.9% in 2016. This growth is supported by an improvement in the agriculture sector from food crops and export crops following the ongoing investments in fertiliser, improved seeds and irrigation. Industry is expected to grow with an expectation of an improvement in international mineral prices and domestic production to increase.

City roads and buildings aerial view

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