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The economy is managed by the central National Bank of Rwanda and the currency is the Rwandan franc; in June 2010, the exchange rate was 588 francs to the United States dollar. [24] Rwanda joined the East African Community in 2007 and there were plans for a common East African shilling , which it had been hoped would be in place by 2015, [ 25 ...
The Rwandan Patriotic Front (RPF) came to power in Rwanda after defeating the incumbent government in the Rwandan Civil War.The RPF's victory ended the 1994 Rwandan Genocide, known in Rwanda as the Genocide Against the Tutsi, during which 800,000-1,200,000 Rwandans lost their lives.
Rwanda continues to struggle with the aftermath of genocide and large-scale forced migration. The International Criminal Tribunal for Rwanda (ICTR) and community gacaca courts exist to punish those who planned and carried out the genocide, but the scale of violence forced the Rwandan people into an occasionally uneasy coexistence.
Rwandan President Paul Kagame blamed the inaction of the international community for allowing the 1994 genocide to happen as Rwandans on Sunday commemorated 30 years since an estimated 800,000 ...
Today marks the 30th anniversary of the start of the Rwanda genocide on April 7, 1994. A phoenix is rising from the ashes, writes Jonathan M. Hansen. Revisiting Rwanda 30 Years After the Genocide
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The civil war severely disrupted Rwanda's formal economy, bringing coffee and tea cultivation to a halt, decimating tourism, diminishing food production, and diverting government spending towards defence and away from other priorities. [259] Rwanda's infrastructure and economy suffered further during the genocide.
Rwanda's economy is based mostly on subsistence agriculture. Coffee and tea are the major cash crops that it exports. Tourism is a fast-growing sector and is now the country's leading foreign exchange earner. As of the most recent survey in 2019/20, 48.8% of the population is affected by multidimensional poverty and an additional 22.7% ...