Banking and Payment system
Capital Markets
Financial Sector Reports




Rural and Agricultural Financial Services Strategy

The Government of Rwanda is implementing a set of reforms to enable Rwanda to evolve from subsistence agriculture and food insecurity towards market-oriented agriculture. Efforts are concentrated on a few selected priority staple foods and horticultural commodities.

The financing of agricultural value chains is the key challenge for rural and agricultural finance in Rwanda, particularly in relation to staple crops, inadequacies of the value chain infrastructure and asymmetries of information between actors and a shortage of agricultural finance at the post-harvest stage. The main bottlenecks to the provision of financial services are: Value chain financing bottlenecks, no warehouse receipt regulations, lack of products to serve rural smallholders, insufficient skills for risk assessment and management in the sector and inadequate rural banking infrastructure (branches). The target is to transform and modernize traditional smallholder farmers which require significant developments in the financial sector.

Related Document click here


 Saving Mobilization Strategy

The strategy begins with a review of national objectives and targets for Savings mobilization and the coherence of these targets with national objectives for a sustainable economic development.  To gain a strong understanding of Rwandan context as well as the international best practices, a background research was conducted involving both primary and secondary sources.  Six Pillars have been identified as the foundation for saving mobilization.  When those key issues are addressed properly will strengthen financial infrastructure, mobilize savings and help culture of saving. These are; 1) Macroeconomic Stability, 2) Institutionalized savings, 3) Expansion of the financial infrastructure and intermediation, 4) Secure and diversified means of savings, 5) Building capacity and efficiency of intermediation, and 6) increased awareness of tangible benefit of savings.

Related Document Click here


National Microfinance Policy Implementation Strategy

This designed national microfinance policy implementation strategy covers the period from 2013-2017. The purpose of formulating this document is to provide Rwanda with realistic framework that defines principles, objectives and key line of actions for microfinance sector development for the next five years. This document emphasizes the client perspective and reflects the main orientation of bringing adequate financial services to the whole population building upon on the past performance.  The document offers the guidance to all microfinance players and the public, the actions and steps to be taken to provide financial services at reasonable cost provided by a diversity of well-managed and sustainable institutions.

Related Document Click here


Crop and Livestock Insurance Feasibility Study

This report presents the role of insurance in the agriculture sector as the government of Rwanda has a goal to have agriculture sector to become a professional sector.

Investing in agriculture is unfortunately not easy, whether agricultural production fails or succeeds does not only depend on a farmers’ agricultural knowhow due to whether, it also depends on the climatic and environmental conditions, which are generally beyond the grower’s control.

This study reviewed the availability of statistics on whether data to determine which data was available, where was it recorded, and if there were any gaps in the data, mortality and on yield. With this information a map was constructed showing the available weather stations in Rwanda. With such a map, stakeholders in the sector can quickly assess the viability of index insurance for any given client who expresses an interest in insurance.

Related Document click here


Building an Inclusive financial Sector in Rwanda

Building an Inclusive Financial Sector in Rwanda (BIFSIR) is a UNDP/UNCDF funded project since 2010 and revised in 2013.  BIFSIR management designed an innovative program which would increase the client outreach and contribute further to the MGDs result 1 and Government of Rwanda policies.  The revised program will scale up entrepreneurial capacity building, financial education and financial linkages to target groups of youth and women. This program is set from strategic framework of the National Microfinance strategy and aims at contributing to poverty reduction and achieves Millennium development goals (MDGs) by promoting financial inclusion. Its specific objectives is to contribute to capacity building of the various microfinance sector players at the macro, meso and micro levels with a view of supporting the development of sustainable, quality and diversified financial services that are accessible to the less advantaged Rwandans both in rural and urban areas, and to improve their economic and social status.

Related Document click here


Medical professional liability insurance in Rwanda

Following the enactment of  Law No. 49/2012 of 22/01/2013 establishing medical professional liability insurance in Rwanda, concerned stakeholders requested MINECOFIN to hire a team of consultants to conduct a feasibility study on the Medical professional liability insurance in Rwanda. The study was finalized and a  final report was produced. The report makes a situational analysis, financial analysis and recommendations in regard to medical professional liability insurance in Rwanda.

Insurance companies will therefore base on the results of this study to propose or set premiums for the concerned parties. 

 Related Documents click here




Who we are

National Planning

Budget & Payments

Laws & Regulations


©  2021  Ministry of Finance and Economic Planning.