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RWANDA - Bank Group Country Strategy Paper 2017 - 2021
Rwanda’s has overcome the 1994 Genocide and has established itself as a leading reformer with one of the highest real GDP growth rates globally. Following the end of the genocide against the Tutsi in 1994, Rwanda has made significant progress towards political stabilization, reconciliation and the rule of law. Real GDP growth averaged a robust 7.9% between 2000 and 2015 and poverty has been reduced from 56.7% in 2005/06 to 39.1% in 2013/14. Real GDP per capita more than tripled from USD 207 in 2000 to USD 718 in 2015. Sustained implementation of reforms, a prolonged period of peace and political stability, and unwavering donor support have contributed to the impressive socio-economic development.