Central Bank approach is commendable

The issue occupying the minds of local economists and planners right now is the spiralling fuel prices. It is widely accepted that  the events in the Middle East are seen as the main cause of this situation that has far reaching effects on the economies of oil importers such as Rwanda.It, therefore, means that if the increasing fuel prices do not stabilise soon, it will definitely lead to an increase in the national import bill. Naturally, such an increment will have to be shouldered by the local consumers.
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Times Reporter