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Economic and Social Development – 1996

Almost all civil administration infrastructures were restored throughout Rwanda, which facilitated a gradual repatriation of refugees. In terms of recovery, the Rwandan economy bounced back to the pre-genocide level as reported by the International Monetary Fund.¹ According to the news report, some 60 to 70 per cent of enterprises in the tertiary sector, for instance, had re-opened and were thriving as of 1996. Nevertheless, to rebuild its economy, the Rwandan Government needed more than 800 million USD in the years 1996-1998.²

1. “Rwanda: Ravaged Country’s Economy Bounces Back,” IPS-Inter Press Service, January 24, 1996.
2. “Rwanda; More than 800m US Dollars Needed to Revive Economy,” BBC Summary of World Broadcasts, June 24, 1996.