New macro-econometric model for Rwanda revolutionizes economic forecasting and policy-making!
The researchers developed a detailed economic model for Rwanda to help African governments make better financial decisions. The model includes equations to predict things like government spending, trade, and money supply. By analyzing data from 1960 to 2009, they were able to accurately forecast economic trends from 2010 to 2015. This model can be used to plan budgets, predict future economic changes, and simulate different policy scenarios.