sion: Ambassador Zac NSENGA
FAX: [1] (202) 232-4544
telephone: [1] (202) 232-2882
chancery: 1714 New Hampshire Ave. NW, Washington, DC 20009
Diplomatic representation from the US:
chief of mission: Ambassador Margaret K. McMILLION
embassy: #337 Boulevard de la Revolution, Kigali
mailing address: B. P. 28, Kigali
telephone: [250] 50 56 01 through 03
FAX: [250] 57 2128
Flag description:
three horizontal bands of sky blue (top, double width), yellow, and
green, with a golden sun with 24 rays near the fly end of the blue
band
Economy Rwanda
Economy - overview:
Rwanda is a poor rural country with about 90% of the population
engaged in (mainly subsistence) agriculture. It is the most densely
populated country in Africa; landlocked with few natural resources
and minimal industry. Primary foreign exchange earners are coffee
and tea. The 1994 genocide decimated Rwanda's fragile economic base,
severely impoverished the population, particularly women, and eroded
the country's ability to attract private and external investment.
However, Rwanda has made substantial progress in stabilizing and
rehabilitating its economy to pre-1994 levels, although poverty
levels are higher now. GDP has rebounded, and inflation has been
curbed. Export earnings, however, have been hindered by low beverage
prices, depriving the country of much needed hard currency. Attempts
to diversify into non-traditional agriculture exports such as
flowers and vegetables have been stymied by a lack of adequate
transportation infrastructure. Despite Rwanda's fertile ecosystem,
food production often does not keep pace with population growth,
requiring food to be imported. Rwanda continues to receive
substantial aid money and was approved for IMF-World Bank Heavily
Indebted Poor Country (HIPC) initiative debt relief in late 2000.
But Kigali's high defense expenditures cause tension between the
government and international donors and lending agencies.
GDP:
purchasing power parity - $10.11 billion (2003 est.)
GDP - real growth rate:
3.5% (2003 est.)
GDP - per capita:
purchasing power parity - $1,300 (2003 est.)
GDP - composition by sector:
agriculture: 40.7%
industry: 21.5%
services: 37.8% (2003 est.)
Investment (gross fixed):
19.3% of GDP (2003)
Population below poverty line:
60% (2001 est.)
Household income or consumption by percentage share:
lowest
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