Kagame’s Cooked Statistics Rejected By New Times

By David Himbara

The New Times has done something extraordinary. The newspaper used a more credible source — instead of relying on official statistics. I am talking about the newspaper’s article ”Do Foreign Direct Investments contribute to Rwanda’s economic growth?” Citing UNCTAD’s 2017 World Investment Report, The New Times article reads as follows:

”The global investment trend monitor reported that Rwanda’s FDI increased by 8 percent to US $410 million…in 2016.”

By citing UNCTAD figures, The New Times dumped Kagame’s cooked statistics.

The Kagame regime’s bogus statistics claim much larger amounts of foreign investments into Rwanda. The National Bank of Rwanda cited a figure of US$686.5 Million for 2016.

 

Rwanda Development Board claims an even more ridiculous figure of US$1.16 Billion for 2016.

Rwanda Development Board’s bogus statistics on foreign investment

 

By citing UNCTAD figures, The New Times dumped Kagame’s cooked statistics.

Congratulations to the New Times for using credible sources

 

The famous words by Arthur Miller are in order here — “A good newspaper, I suppose, is a nation talking to itself.” Such newspaper states facts that encourage genuine debates, arguments, and opinions that drive the national conversation. I guess it is too much to expect this from a government-owned newspaper. Nevertheless, congratulations to The New Times — for trying.

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