November 1, 2017 / 1:54 PM / 2 years ago

IMF lowers forecast for Rwanda's 2017 GDP growth from 6.2 pct to 5.2 pct

Commuters use motorcycle taxis to make their way through early morning traffic in the Rwanda's capital Kigali, May 11, 2016. REUTERS/Ed Cropley

KIGALI (Reuters) - The International Monetary Fund issued a revised forecast for Rwanda’s gross domestic product this year, lowering its projected growth from 6.2 percent to 5.2 percent.

“We will have to revise down our projections from 6.2 percent to somewhere around 5.2 percent,” Laure Redifer, the IMF’s mission chief for Rwanda said.

Reporting by Clement Uwiringiyimana; Writing by Aaron Maasho; Editing by Larry King

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