Ratings: Foreign and Local Currency: B/Stable/B For further details see ratings list. Rwanda's pace of real economic growth is moderating in the near term due to structural and transitory factors, while current account deficits remain structurally high. However, we see medium-term growth prospects remaining strong, government debt and its servicing remaining moderate relative to peers, while monetary flexibility is improving. We are therefore affirming our 'B/B' ratings on Rwanda. The stable outlook balances the strong growth prospects and moderate debt burden against the risks of weak external metrics over the next 12 months. On Sept. 8, 2017, S&P Global Ratings affirmed its 'B/B' long- and short-term foreign and local currency sovereign credit ratings on the Republic of Rwanda. The outlook
