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UPDATE 1-IMF cuts Rwanda's 2017 GDP growth forecast

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KIGALI, Nov 1 (Reuters) - The International Monetary Fund cut its forecast for Rwanda's gross domestic product growth to 5.2 percent this year from 6.2 percent but projected a pick-up in 2018.

"We will have to revise down our projections from 6.2 percent to somewhere around 5.2 percent," Laure Redifer, the IMF's mission chief for Rwanda, said at a meeting in Kigali.

Redifer said growth for 2018 "should be in the range of 6 percent to 7 percent", adding her team was still discussing the outlooks with the government.

Rwandas central bank governor John Rwangombwa, however, said that he expected the third quarter to perform better than the first two, but that growth would "not be strong enough to push us to have 6 percent we had projected for this year".

Finance Minister Claver Gatete said he expected the economy to be boosted by tourism, mining and prospects of oil exploration.

"We are seeing some of the areas that we believe will have a significant impact," Gatete said.

The East African country is targeting $1.5 billion in annual revenue from exported minerals by 2024 from the current $200 million. (Reporting by Clement Uwiringiyimana; Editing by Aaron Maasho and Emelia Sithole-Matarise)