the value of ATM transactions and mobile banking are a proxy of ICT in financial services.This study found a significant relationship between ICT use in financial services and financial deepening. Although the evidences indicated the emergence of ICT penetration in financial services, the result of this study did not approve the significant contribution of ICT to Rwanda’s economic growth. Analysis showedthat ICT in financial services is mostly directed to consumption rather than productivity and investment.The major implication of this study is the potential benefit that Rwanda would grasp in terms of economic growth, if more attention is given to ICT in financial services policy reform. The study recommended some policies to encourage the use of ICT in more productive activities. Those policies will link ICT to financial deepening and economic growth.Key Words: Rwanda’s economic growth, ICT, financial deepening.
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Contribution of ICT to Economic Growth: Focusing on Financial Services in Rwanda from 2011 to 2015