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Can Rwanda tame inflation? Debt threatens its boom

Lively market scene showcasing fresh produce. Photo by El'bataky @ Pexels
Lively market scene showcasing fresh produce. Photo by El'bataky @ Pexels
  • Central bank lifts policy rate to 8.75% as inflation hits 13.8%.
  • Rapid growth and heavy debt complicate Rwanda’s tightening cycle.

 

KIGALI, RWANDA – Rwanda’s central bank has raised its key rate to 8.75%, betting tighter money can cool inflation without derailing one of Africa’s fastest-growing economies.

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