Tag: National Bank of Rwanda
At the height of the global COVID-19 pandemic, the Rwandan government through the central bank and the ministry of finance announced a 100 billion francs economy recovery fund but the fund has seen not seen the uptake as was expected, John Rwangombwa, Governor National Bank of Rwanda spoke to CNBC Africa for more.
In Rwanda the economy grew by 3.6 per cent in the first quarter of this year, lower than the 6.1 per cent that the country achieved in the first quarter last year. John Rwangombwa, Governor National Bank of Rwanda spoke to CNBC Africa for more.
After review from the country’s monetary policy meeting, Rwanda’s Central Bank has maintained the repo rate at 4.5 per cent as the country’s economy starts to bounce back from the shocks of the COVID-19 pandemic, CNBC Africa’s Arnold Kwizera spoke to the Central Bank Governor, John Rwangombwa for more.
The National Bank of Rwanda recently issued a directive governing the operationalization of the Covid-19 Economic Recovery Fund to support businesses hardest hit by the pandemic. How can the private sector best utilize this fund to ensure they not only survive but thrive amid the pandemic? Robert Bapfakurera, Chairman of Rwanda’ Private Sector Federation joins CNBC Africa for more.
The Central Bank of Rwanda has set up measures to support the economy amidst the COVID-19 crisis. John Rwangombwa, Governor of the National Bank of Rwanda for more.