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What must change to unlock double-digit economic growth
Summary by The New Times | Rwanda
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What must change to unlock double-digit economic growth
The government’s ambition to become an upper-middle-income country by 2035 and a high-income economy by 2050 hinges on its ability to sustain double-digit economic growth, according to Rwanda Development Board (RDB) Chief Executive Jean-Guy Afrika. To reach upper-middle-income status by 2035, Rwanda must raise GDP per capita to about $4,000, and to roughly $12,000 by 2050, benchmarks that will require consistent growth of at least 10 per cent, A…
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