Rwanda: Services Shine As Economy Registers Double-Digit Growth

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Rwanda: Services Shine As Economy Registers Double-Digit Growth
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Services Shine As Economy Registers Double-Digit Growth NewTimesRwanda: Rwanda

of 2022, thanks in large part to the services sector which contributed 47 per cent to the growth.

The outlook is contained in the latest gross domestic product update announced Monday by the National Institute of Statistics as well as the Ministry of Finance and Economic Planning.of all finished goods and services produced in Rwanda was estimated at Rwf3583 billion, up from Rwf2758 billion in the previous quarter, it says.

Despite an overall growth, agriculture and industry did not do well, Yusuf Murangwa, the Director General at NISR told reporters."This is because food crops were affected by unfavorable climatic conditions while industry was affected by a slowdown in construction," he added.

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