More effort needed for Vision 2020 realization

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The Minister of Trade and Industry Francois Kanimba has urged Rwandans to turn up the intensity and work even harder in order to make the developmental blueprint Vision 2020 a reality.

Speaking while officiating at the launch of the grouping of economic councils at the cell level countrywide, the Minister added that while what has already been achieved is impressive, the current pace needs to be picked up considerably.

The national economy grew 8.5% over the past decade, ranking Rwanda as one of the fastest growing economies on the African continent.

However Minister Kanimba stressed that if the desired standards of living for all Rwandans as stipulated by the Vision 2020 are to be reached, more effort is needed.

It has been established that a minimum growth rate of 11.5% is required in the remaining eight years for Vision 2020 to officially succeed.

“You are all aware of the effort that was used until now. We are happy that Rwanda is hailed the world over for her achievements, now we need an extra 3%”.

The Trade and Industry Minister, in an elaborate presentation to the participants showcased the results of a survey conducted, showing that in order for the 11.5% growth rate to be attained, the percentage of the population dependant on agriculture for survival, currently standing at 70%, needs to be cut down to 50%, with the 20% migrating to other job sectors and those left in agriculture using advanced farming methods.

The investment and industry sectors were also mentioned, with a need for less government investment and more private sector involvement being the solution touted.

 

 

 

 

About the author

Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

More posts by | Visit the site of Ndaka

 

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