Rwanda finance minister says aid cuts may dent economic growth
KIGALI (Reuters) - Rwanda may have to cut its 2013 economic growth forecast if $240 million in international aid remains delayed or suspended, its finance minister said on Wednesday.
"If all the $240 million was withheld ... we might revise that projection down from 7.6 percent to 6 percent growth," Finance Minister John Rwangombwa told a conference in Kigali.
Major donors have withheld aid to the east African country over allegations it is supporting rebels in neighboring eastern Democratic Republic of Congo.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.