Economics
World Bank Cuts Rwanda Growth Outlook on Late Impact of Aid Cuts
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The World Bank reduced Rwanda’s 2014 economic growth forecast and said lifting the rate from last year’s decade-low will require the government to speed up delayed capital spending.
The East African nation’s growth outlook was cut to 5.7 percent from a projection of 7.2 percent given in December, the lender said in its Rwanda Economic Update e-mailed today from the capital, Kigali.