Members of Parliament have urged the National Bank of Rwanda (BNR) to intensify measures to address the continued rise in market prices as the Central Bank presented its 2024/2025 Annual Report to a joint plenary sitting of both Chambers on 1 November 2025. The report was presented by Governor Soraya Hakuziyaremye, who outlined key economic developments and policy outcomes for the fiscal year.

In her address, the Governor highlighted the continued resilience of Rwanda’s economy despite global uncertainties, noting that real GDP grew by 6.3% in 2024/25, supported by improved agricultural performance, foreign exchange market reforms, and a stronger trade balance.

She further reported that headline inflation dropped from 7.9% in June 2024 to 5.7% in June 2025, reflecting progress in price stabilisation efforts.

While commending these achievements, MPs emphasised the need for the Central Bank to continue strengthening its policies, particularly in areas affecting citizens’ daily lives. They called for:

• Enhanced monitoring and management of rising market prices

• Improved access to affordable credit for youth, women, farmers, and small businesses

• Measures to protect the stability of the Rwandan franc

• Streamlined procedures for U.S. dollar payments in international trade

The report has been referred to the relevant Committees of both Chambers for detailed examination.