Supporting Inclusive Growth After Covid-19 In Rwanda
Abstract
The economic impact of the Covid-19 pandemic
on households and businesses in Rwanda has been
significant. The impact on low-level income-earning
Rwandans and the many small and micro-businesses
have been of particular concern.
Data collected by the IPAR-Rwanda show that
households in Kigali and Rwanda’s secondary cities
– such as Musanze, Rubavu and Rusizi – reported
that in February 2021, incomes had reduced by 40
per cent on average compared to before Covid-19.
At the same time, businesses reported that average
turnover and profits were around 50 per cent lower
than they were in February 2020 before the outbreak
of Covid-19.