Businessman Faisal Al Otri wrote: Moving from famine to entrepreneurship
Economy Today
A million people were murdered by genocide ... It was Rwanda 25 years ago.
After the civil war came to everything and the average income was $ 30, the Rwandans renounced violence, forgotten the past, reconciled with themselves, launched a general amnesty, demobilized ex-combatants, reintegrated them into society and worked to return the migrants.
When the war ended, the situation was frustrating. The country lost its manpower and experts and despair controlled society, but the government had a different position. It opened an office for the transfer of agricultural crops and another for export and an office for renting agricultural machinery all at encouraging prices and provided soft loans to farmers, the results appeared in less than five years, where the coffee yield rose from 30 thousand tons to 15 million tons ...
The Government of Rwanda did not stop at this, but created a distinctive investment climate, abolished the visa and established a single-window system, which provides the auditor to register his company and activate within a few hours.
It has set up another system that allows the investor to manage his investments from anywhere in the world via the Internet.
It encouraged industry investors through tax cuts and seven-year tax breaks for the industrial sector.
But the first and most important thing the government of Rwanda has done to attract investors is to purify the judiciary, open up the economy and stabilize its currency.
Rwanda has made the income tax of companies planning to relocate its headquarters to Rwanda zero.
With preferential features on income tax for companies operating in the energy, transportation and housing sector at affordable prices also granted privileged facilities to ICT companies and financial services.
Rwanda today ranks 22nd in entrepreneurship and one of the 10 fastest growing countries in the world with growth rates of 7.4%, and has become one of the strongest economies in Africa.
Rwanda has committed 44% of its budget to education and health. In 2020, Rwanda will celebrate the eradication of poverty once and for all 20 years ago it launched a project to lift one million poor people a year.
Don't you have a question about what the Rwandan economy is and what are its most important industries?
.
It is a software industry ...
The industry only needs minds and computers and both are available ..
We lack only the will.
What about our country? !!
