KIGALI Rwanda (Xinhua) --
The Rwandan central bank decided on Tuesday to
maintain the key repo rate at 5.5 percent, citing positive
macroeconomic conditions that are expected to continue.
growth in the second quarter of 2018 was 6.7 percent compared to
4.0 percent in the same period of 2017, John Rwangombwa,
governor of the National Bank of Rwanda, told a press briefing
following a monetary policy committee meeting of the bank in the
capital city, Kigali.
agriculture and services sectors grew by 10 percent, 6 percent
and 5 percent respectively, Rwangombwa said.
economic activity will likely continue to perform well
throughout the second half of 2018, he said.
The central bank
said there are signals that the economy is on track to achieve
the initial annual growth projection of 7.2 percent in 2018.
In the first half of
2018, the economy grew by 8.7 percent on average, compared to
2.9 percent in the same period of 2017, according to the bank.