Monetary policy and Financial Stability statement: A conference organized by the National Bank of Rwanda
Kigali Independent University has had the privilege of hosting a conference intended to economists and other intellectual financial actors in Rwanda. The concept note of conference was presented by the governor of the central Bank of Rwanda Amb. GATETE Claver, where he gave a snapshot on the monetary policy and financial stability statement .Thereafter, a panel of discussion was opened to allow students attendees to raise their questions and get further understanding.
Officially opening the conference and giving introducing remarks, the Rector of ULK Dr SEKIBIBI Ezechiel recognized the presence the Governor Amb. GATETE Claver, the Vice Governor Monica SANZABAGANWA and 15 delegates in their companionship. This function was also attended by different delegates from higher learning institutions based in Rwanda ; KIE, INILAK, SFB to name just a few. The Founder and President of ULK together with also honored the conference by his presence.
Along his presentations, the gave important highlights as to why Rwanda has continued to achieve moderate inflation and well-coordinated monetary and fiscal policies compared to the inflationary pressures which characterized the EAC region in 2012.The governor pointed out that Rwanda has achieved good economic performance with the GDP growth of 7.7% while the economic growth in sub Saharan was 4.8% – below the projection estimated By IMF as for 2011 end. The factors underlying this positive performance were listed out as the high increase in imports of capital and intermediary goods, the consolidation of the industrial sector and services, the high increase distribution of loans, direct foreign investment and growth of the banking and microfinance Sector.
The audience has asked the questions