Rwanda – The greatest reform story in the world?

This is from the World Bank:

“Between 2001 and 2012, real GDP growth averaged 8.1% per annum. The poverty rate dropped from 59% in 2001 to 45% in 2011. Starting in mid-2012, Rwanda experienced a sudden and sharp decline in aid. Through appropriate fiscal and monetary policies, high growth and stability prevailed throughout 2012. The economy grew by 8% and inflation was contained below 6%.”

You have to be optimistic about East Africa.

HT Ulrik Walther

PS see also this very uplifting story from The Atlantic about how Rwanda seems to be winning the fight against AIDS.

%d bloggers like this: