2012-11-15 00:28:57 - Rwanda Business Forecast Report Q4 2012 - a new country guide report on companiesandmarkets.com
We forecast that Rwandan economic growth will slow to 7.2% in 2012 from 8.2% in 2011 as a subdued outlook for the external sector offsets, to some extent, the brighter prospects for domestic demand. We expect that a similar dynamic will keep growth at around the 7.4% level in 2013. We believe that tensions with the neighbouring Democratic Republic of the Congo and with Rwanda´s development partners will rise following accusations that Kigali has supported an armed rebellion in its neighbour´s territory. We do not, however, believe that either a general conflict or a complete aid suspension is likely.
Key Risks To Outlook
The major risks to our growth forecasts are to the downside and stem from the possibility of poor
weather and from a worse than anticipated outcome to the ongoing eurozone debt crisis.
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