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24.02.2020 Government tables 2019-2020 Revised Budget, Proposes Frw 140.1 billion increase

February 24,2020: The Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana, on behalf of Government today presented to Parliament the draft 2019-2020 revised budget. This is in accordance with Article 41 of Organic...[more]


10.02.2020 Standard and Poor’s Maintains Rwanda’s Rating at B+; Outlook Stable

Standard and Poors (S&P), a global credit rating agency maintained Rwanda’s Sovereign Rating at B+, outlook stable. According to a statement released on Friday, February 7, 2020, S&P stated that the ratings on Rwanda are...[more]


07.02.2020 Nyabarongo II Hydro Power Project gets US$ 214 million financing boost

Kigali February 7, 2020: The Government of Rwanda and the People’s Republic of China today signed a framework agreement that will allow China, through China Exim Bank to extend a concessional loan worth US$ 214 million...[more]


31.01.2020 Green City Kigali Project receives Frw 10 billion financing boost

Kigali January 31, 2020: The Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana and the Ambassador of the Federal Republic of Germany to Rwanda Dr. Thomas Kurz, today signed a financing agreement through KFW...[more]


30.01.2020 Rwanda to host ESSAG Annual Conference in 2021

January 29, 2020: Rwanda today assumed the chair of the East and Southern African Association of Accountant Generals (ESAAG) and thus is poised to host the 28th Annual conference in February 2021.The developments took place at in...[more]


20.01.2020 World Bank Launches Inaugural Bond in Rwandan Franc

London January 20, 2020: The London Stock Exchange today listed the inaugural Bond in Rwandan Franc issued by the World Bank (International Bank for Reconstruction and Development (IBRD), rated Aaa/AAA. The launch of the...[more]


18.12.2019 MINECOFIN staff successfully complete Building PFM Capabilities in Africa training program and scoop Best Presentation award

December 18, 2019;  A team of six staff from the Ministry of Finance and Economic Planning in Rwanda successfully completed an eight months training program offered by the Collaborative Africa Budget Reform Initiative...[more]


12.12.2019 Economy registers double digit growth in the 3rd Quarter

December 12, 2019 Rwanda’s economy grew by 11.9 % in the third quarter compared to the same quarter in 2018, according to figures release by the National Institute of Statistics of Rwanda (NISR). Announcing the economic...[more]


12.12.2019 Government and Development Partners discuss NST1 Implementation status

December 12, 2019: The Ministry of Finance and Economic Planning today hosted the 73rd Development Partner Coordination Group (DPCG), a quarterly consultative meeting between Government of Rwanda officials and Development...[more]


14.11.2019 Rwanda’s Economic Activity Outpaced Expectations-IMF

International Monetary Fund (IMF) staff team, yesterday completed the first review of Rwanda’s Policy Consultation Instrument (PCI)-supported program after discussions with senior Government Officials. The IMF team led by Laure...[more]


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