I Rwanda a poor country? Rwanda is still considered a poor country despite making significant strides in economic growth and poverty reduction
Event Details:
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Yes, Rwanda is still considered a poor country despite making significant strides in economic growth and poverty reduction. While the poverty rate has decreased, a large percentage of the population still lives below the poverty line, particularly in rural areas.
Here's a more detailed breakdown:
Poverty Reduction:
Rwanda has seen a considerable decline in poverty rates since the 1994 genocide, but progress has slowed in recent years.
Rural Poverty:
The majority of the poor live in rural areas, where poverty rates remain stubbornly high.
International Poverty Line:
Using the international poverty line of $2.15 per day (2017 PPP), a significant portion of the population lives in poverty.
Multidimensional Poverty:
While monetary poverty is a concern, Rwanda also faces challenges in multidimensional poverty, which considers factors beyond income, such as access to education, healthcare, and other basic services.
Economic Growth and Poverty:
While economic growth has been strong, its impact on poverty reduction has been less significant in recent years, indicating a need for more pro-poor growth strategies.
Challenges:
Factors like limited access to capital for entrepreneurs, reliance on agriculture, and vulnerability to climate change pose challenges to Rwanda's development.
https://cdn.sida.se/app/uploads/2024/08/12150441/MDPA-Rwanda-2023_final-May2024.pdf
Date and Timings:
14-07-2025 9:41 AM to 28-08-2026 9:41 AM
