Taming inflation

As opposed to the kind of pressure his East African peers faced – perfect examples being Kenya’s Prof .Njuguna Ndun’gu or Uganda’s Emmanuel Tumusiime-Mutebile – Ambassador Clavier Gatete, had during the course of 2011, a relatively less stressful time as Governor of National Bank of Rwanda

Tuesday, January 03, 2012
Ambassador Clavier Gateteu2013 Governor of The National Bank of Rwanda

As opposed to the kind of pressure his East African peers faced – perfect examples being Kenya’s Prof .Njuguna Ndun’gu or Uganda’s Emmanuel Tumusiime-Mutebile – Ambassador Clavier Gatete, had during the course of 2011, a relatively less stressful time as Governor of National Bank of Rwanda.

It is expected that the year 2012 will be equally fairly less stressful for Rwanda’s monetary policy making regime that will, as a matter of fact, be a news source, largely on the back of a combination of stable figures registered so far as the new year beckoned. Rwanda’s inflation —7.39 percent as at close of the year, was the most stable in the region. This stability is expected to be maintained as the EAC region moves in to follow Rwanda in reigning in inflation in the first quarter of 2012.