Clarification: Economy grew by 7.7%

In our issue of Thursday August 2, 2012, we erroneously reported that the Rwanda economy expanded by 17.4 per cent in the first quarter of this year.

Friday, August 03, 2012

In our issue of Thursday August 2, 2012, we erroneously reported that the Rwanda economy expanded by 17.4 per cent in the first quarter of this year.

However, we have since established that Gross Domestic Product (GDP) rose by 7.7 per cent in real terms in the first three months of this year compared to 6.5 per cent in the same period last year. We regret any inconveniences this may have caused.