Economy
Tin ore (cassiterite) has been mined nearby, and the city built a smelting plant in the 1980s. Business in Rwanda has been growing, and many new buildings have emerged across the city, including the BCDI Tower, Centenary House and Kigali Tower. Tourism provides important input into the economy also.
Rwanda's real GDP growth averaged 8.3 percent between 2002 and 2009. Per capita GDP swelled those years from $206 to $520, or 252% higher. While 47 percent of Rwandans enjoyed clean water in 2000, 75 percent were so fortunate in 2010. While 78 percent of the country was considered poor in 1995, that number stood at 57 percent in 2009.
Read more about this topic: Kigali
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)