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1. Economic Growth and Prosperity Rwanda aspires to become an upper-middle income country (UMIC) by 2035, and a highincome country (HIC) by 2050. Specifically, this means realizing the following key economic targets: By 2035: GDP per capita of over USD 4,036; and; By 2050: GDP per capita of over USD 12,476; 2.
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] but have not yet reached fruition (2020). Rwanda is a country of few natural resources, [26] and the economy is based mostly on subsistence agriculture by local farmers using simple ...
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Vision 2020 was a government development program in Rwanda, launched in 2000 by Rwandan president Paul Kagame.. Its main objective is transforming the country into a knowledge-based middle-income country, thereby reducing poverty, health problems and making the nation united and democratic.