Economy

Consumer prices in Rwanda rose by 12.9% in May 2026 compared to the same month in 2025, according to new data released by the National Institute of Statistics of Rwanda (NISR) on Wednesday, June 10, 2026. The figure represents a slight decline from 13% recorded in April 2026.
Rwanda is pursuing an ambitious plan to expand its sugar industry under the Second National Strategy for Transformation (NST2), with a target of increasing domestic sugar production from the current 10 percent to 50 percent of national demand within the next four years.
The International Monetary Fund (IMF) has approved a $250 million (approximately RWF 364.2 billion) loan to Rwanda aimed at supporting economic stability, sustaining growth, and helping the country navigate global economic shocks.
Minister of Trade and Industry Prudence Sebahizi has defended the recent increase in diesel prices, saying the adjustment was necessary due to mounting pressure from fuel subsidies that had become increasingly difficult for the government to sustain.
The Rwanda Stock Exchange (RSE) is seeking to expand investment opportunities through partnerships with financial institutions from Arab countries operating under Islamic finance principles, a global sector valued at more than $6 trillion.
Rwanda will add 100 electric buses to its public transport fleet before the end of 2026 as part of efforts to improve urban mobility, reduce transport costs, and mitigate the impact of rising fuel prices, Prime Minister Justin Nsengiyumva has said.
Rwanda’s Prime Minister, Dr. Justin Nsengiyumva, has cautioned that any decision to raise the country’s minimum wage must carefully balance the interests of workers with the financial capacity of employers, warning that poorly planned increases could lead to job losses and higher consumer prices.
The government has said the recent increase in diesel prices will not lead to higher public transport fares or rising prices of goods on the market, despite a sharp adjustment announced by the Rwanda Utilities Regulatory Authority (RURA).
Rwanda’s industrial production increased by 0.7% in April 2026 compared to the same month in 2025, according to the latest Index of Industrial Production (IIP) report released by the National Institute of Statistics of Rwanda (NISR).
The government has begun the process of reclaiming industrial park plots from investors who have failed to develop them within the legally required timeframe, in a move aimed at unlocking investment and accelerating Rwanda’s industrialisation agenda.