The country's general economic environment was characterised by several upward and downward spirals that were nonetheless kept within control limits.
Growth and development was normal, but most importantly, Rwanda maintained its position as a leading investment-friendly destination in Africa.
The New Times highlights some of the key events that drove the economy last year.
GDP and inflation fight on despite uncertainties
The economy continued to witness strong resilience with a real Growth Domestic Product of 7.3 per cent in the third quarter of 2012, despite global shocks that persisted throughout the year.
Although this was a drop from 9.9 per cent in the first quarter, the Central Bank reported that despite the global economic crisis which pushed government expenditure and import receipts higher, the economy continued to perform normally buoyed by cross border trade and a healthy services industry.
There was also a significant decrease of 1.3 per cent from the agriculture sector's contribution to GDP growth, citing poor climatic conditions during the year.
Source :allafrica.com
