Rwanda provides attractive conditions for investors and is working in the right direction. Attention should be given to enhancing the robustness of the country’s policy goals and commitments.
The three EIRA risk areas are at the same level as in 2018. Breach of State obligations is the lowest risk. It is followed by discrimination between foreign and domestic investors and unpredictable policy and regulatory change.
Rwanda has a very good performance on one of the EIRA indicators, and a good performance on three indicators. It has once again received 91 points on rule of law. On regulatory environment and investment conditions (77) and management of decision-making processes (73) it has maintained the scores from last year. Foresight of policy and regulatory change has improved from 64 to 66.
On a more detailed level, Rwanda’s overall sub-indicator performance is good. Respect for property rights continues to be the highest-scoring sub-indicator with 92 points. On management and settlement of investor-State disputes (90) and restrictions on FDI (83), the score remains the same as in 2018. The score for the sub-indicator communication of vision and policies has gone up from 80 to 82 points. The performance is unchanged on transparency (80), regulatory effectiveness (72) and institutional governance (66). Robustness of policy goals and commitments is again the lowest-scoring sub-indicator with 49 points.