Rwanda's trade deficit grows in first two months of 2016

Rwanda’s trade deficit grew in the first two months of this year when compared to the same period last year. According to a statement from the central bank yesterday, the country’s trade deficit widened to $297.2 million (about Rwf232.4 billion) largely due to an increase in formal imports that rose by about 7.2 per cent, as well as a 9.7 per cent decrease in the value of Rwanda’s exports.
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Collins Mwai