Rwandans feel pinch as cost of living and unemployment soar
newscatcher
2022-12-25 06:30
Rwandans feel pinch as cost of living and unemployment soar
By BERNA NAMATA Rwandan economic managers are walking a tightrope to contain a drastic rise in the cost of living that is reducing incomes and hitting the country's vulnerable households hard.While the International Monetary Fund (IMF) has recommended further tightening of monetary policy, there is a real risk that this could undermine economic growth still reeling from the pandemic.Figures released by the National Institute of Statistics (NISR) this week show that the economy expanded by 10 per cent in the third quarter, following 7.

https://www.theeastafrican.co.ke/tea/business/rwandans-feel-pinch-as-cost-of-living-and-unemployment-soar-4065586

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