The economy

Rwanda has a sound macroeconomic management and fiscal discipline that has resulted into consistent economy growth at an average GDP of 8% per annum. According to The National Institute of Statistics of Rwanda (NISR)   Rwanda’s GDP   is expected to grow by 6% in 2016. The key sectors contributing to GDP will include services 46 percent, agriculture   33 percent and industrial 15 percent. The government has   also identified key sectors for fostering economic activity to  include Textiles, garments and leather industry, agriculture export crops, agri-business, construction, livestock, wood industry, minerals, tourism and ICT and trade and investment facilitation. GDP is expected to continue growing by 6.5% in the medium term. The government goal is to transform Rwanda from a low-income agriculture-based economy to a knowledge-based, service-oriented economy with a middle-income status by 2020. The private sector is a key driver for the development of Rwanda economy.  Rwanda has a unique leadership committed to its development with a culture of zero tolerance for corruption.  It is a country with a predominantly rural youthful population. Rwanda is one of the two countries in the world with a female majority in the national parliament and the other country is Bolivia.