World Bank report urges Rwanda to focus on skill development for sustainable economic growth, projecting 7.6% GDP average from 2024-2026.

The World Bank's report on Rwanda stresses the need for skill development to sustain economic growth, projecting a GDP average of 7.6% from 2024 to 2026. Key recommendations include enhancing vocational training and digital education. Rwanda's economy grew by 9.8% in Q2 2024, driven by services and industry. Despite challenges like skills shortages and global uncertainties, the country aims for a transition to a knowledge-based economy to boost private sector growth.

September 16, 2024
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