Growth of the Private Sector key to development

Editor, In The Sunday Times, yesterday, it was reported that investments in the country are expected to double this year. According to RDB, despite the 2009 economic downturn, the country managed to register over Rwf 232 billion worth of investment.

Editor,

In The Sunday Times, yesterday, it was reported that investments in the country are expected to double this year. According to RDB, despite the 2009 economic downturn, the country managed to register over Rwf 232 billion worth of investment.

I believe that such a feat would not be possible had it not been for the sound business climate that the government has established. By putting in place policies that foster doing business, the government has encouraged the growth of the private sector, which will eventually help the country achieve its development goals.

And, without doubt, more investments translate into the creation of new jobs and more tax revenues. That said, RDB should keep up with the drive to attract investors and promote the private sector.

Nelly R.Umutoni
Butare

 

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