EA economies likely to rebound in 2012
There was as economic slowdown in 2011 right across the region due to inflationary pressures and rising high fuel prices.
IMF projections for the region in 2011 have reduced regional growth by about 4% due to these pressures.
In the region, Rwanda remained at the forefront of thriving economic stability despite the economic hardships that hit Burundi, Tanzania, Kenya and Uganda leading to double digit inflation and depreciation of the local currencies on the dollar.
As the 2011 curtain is drawn and 2012 is ushered in, East African Business Week takes a look at how some critical dynamics of the economy performed and projections for 2012.
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