Rwanda's Ministry of Finance has launched the Financial Sector Development Strategy (FSDS) 2025–2030, positioning it as a national roadmap to strengthen the financial sector’s role in Rwanda’s economic transformation and long-term development objectives under Vision 2050 and the National Strategy for Transformation (NST2). The strategy aims to boost savings mobilisation, improve capital allocation, catalyse trade and investment, and strengthen digital financial systems, including ambitions to support Rwanda’s development as a regional financial hub through the Kigali International Financial Centre. The FSDS sets targets by 2029 including doubling the national savings rate from 12.4% to 25.9% of GDP, deepening financial inclusion and financial literacy, and improving access to finance for underserved groups and sectors such as micro, small and medium-sized enterprises, youth, women and agriculture. It also aims to channel over 70% of NST2’s private sector financing through the domestic financial system, supported by the use of digital technologies, reinforced regulatory frameworks and public-private partnerships. The launch brought together government, financial institutions, the private sector, development partners and civil society to reaffirm commitment to implementing the strategy and to deepen collaboration across the financial ecosystem.

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