Economy

The Government of Rwanda has announced that the 2026/2027 national budget will place strong emphasis on boosting agricultural productivity as part of efforts to strengthen domestic economic resilience and ensure food security.
Following a Cabinet reshuffle, new leadership has been appointed at the Ministry of Infrastructure (MININFRA), with a three-person team now tasked with steering one of the government’s most critical sectors.
The Ministry of Trade and Industry (MINICOM) has unveiled plans to attract investors into establishing local assembly plants for electric vehicles, with a particular focus on electric buses, as part of efforts to strengthen domestic manufacturing and accelerate the country’s transition to green mobility.
Construction of 870 houses intended to resettle families displaced by the 2023 disasters in Rubavu District is in its final stage, with officials saying the project is nearing completion.
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.

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