President Kagame receives IMF Chief

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President Kagame receives IMF chief Christine Lagarde at village Urugwiro on Tuesday

President Kagame receives IMF chief Christine Lagarde at village Urugwiro on Tuesday

President Kagame yesterday received Christine Lagarde, Managing Director of International Monetary Fund (IMF), who is on a three day visit in Rwanda.

Christine Lagarde’s visit to Rwanda marks the first visit of a Managing Director of the IMF to Rwanda. On various occasions, Lagarde has expressed admiration for Rwanda success story – emphasizing the inclusive economic growth story as well as the vision for and achievements towards gender equality.

During the recently concluded World Economic Forum held in Davos last week, Christine Lagarde described President Kagame as a leader who has done more than any other leader to include women.

Giving a keynote speech earlier today at Parliament Buildings to representatives of the business community, civil society and development partners, Christine Lagarde shared her impressions of Rwanda:

“What struck me most about  Rwanda, is the unrelenting focus on homegrown interventions to make growth more inclusive.Rwanda today is a dynamic economy with good governance standards. The IMF has travelled quite a way with Rwanda and the next phase of our relationship is a true partnership.”

“Rwanda has exceeded my expectations. There is no doubt that Rwanda is among the African countries that are rising,” Lagarde later added at a joint press conference with Claver Gatete, Minister of Finance and Economic Planning.

Minister Gatete announced during the Press Conference the upcoming Capital Markets East Africa Conference to be hosted in Rwanda in collaboration with the International Finance Corporation.

59-year-old Lagarde has held various ministerial posts in the French government ranging from Agriculture and Fishing, Economic Affairs and Finance and Employment. She is the first woman to lead the IMF.

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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.

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