Rwanda’s economy grew at around 11 percent in 2021, as targeted measures helped economic activities to effectively navigate the pandemic. The twin deficits remained—requiring more external financing— and are expected to ease below their pre-crisis levels in 2022–2024. Despite an unprecedented assistance program, poverty likely increased due to the adverse effects of the pandemic on output and employment, but is expected to return to pre-crisis levels in 2022. This Macro Poverty Outlook presents GDP, debt and fiscal forecasts and examines the implications for critical economic and social concepts such as growth, poverty reduction and macroeconomic stability.
Macro Poverty Outlook for Rwanda : April 2022