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17.05.2019 Rwanda and World Bank sign US$ 71 Million grant to support Agriculture Transformation

Kigali May 16, 2019: The Government of Rwanda and World Bank today signed an additional financing agreement worth US$ 71 million (approximately Frw 64 Billion) for the Transformation of Agriculture Sector Program 4 Program for...[more]

30.04.2019 Government outlines key priorities for 2019/20 fiscal year and the medium term

April 30, 2019- The Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana today presented to both chambers of Parliament, the Budget Framework Paper (BFP) and the midterm budget estimates for 2019/20-2021/22. Minister...[more]

30.04.2019 Rwanda and Belgium sign new Cooperation Agreement

Kigali, April 30, 2019 - The Government of Rwanda, through the Ministry of Finance and Economic Planning (MINECOFIN) and the Kingdom of Belgium through the Belgian Embassy in Rwanda signed a new Belgo-Rwandan cooperation...[more]

22.03.2019 Rwanda’s Debt is Carefully Managed-IMF

The international Monetary Fund (IMF) has noted Rwanda’s prudent management of its debt while it continues to register notable progress in sustaining high and inclusive growth. Speaking at the conclusion of a two week IMF staff...[more]

15.03.2019 Rwanda’s Economy Grew by 8.6% in 2018

Rwanda’s Growth Domestic Product (GDP) at current market prices was estimated to be Frw 8,189 billion in 2018, up from Frw 7,600 billion in 2017 or 8.6 percent higher in real terms compared to 2017, the National Institute of...[more]

06.03.2019 Government secures Frw 19 billion from BADEA to increase electricity supply in Nyamagabe and Nyaruguru Districts

Government of Rwanda and The Arab Bank for Economic Development in Africa (BADEA) on the sidelines of the ongoing first 2019 BADEA Board of Directors Meeting in Kigali signed a concessional loan agreement worth US$ 20 million...[more]

01.03.2019 Government and Private Sector discuss Priorities and Investment Opportunities in FY 2019/2020

The private sector has to play a major role in the implementation of the National Strategy for Transformation (NST1) if its objectives are to be achieved, Dr. Claudine Uwera, the Minister of State in charge of Economic Planning...[more]

14.02.2019 Government and Development Partners discuss NST1 implementation

The Fifteenth Annual Development Partners Retreat (DPR), an annual meeting of Government of Rwanda officials and Development Partners kicked off today in Nyagatare District. Held under the theme “Partnerships for Rwanda’s...[more]

11.02.2019 Standard and Poor’s anticipates Rwanda’s strong growth prospects, supported by rising and more diversified exports.

Standard and Poor’s on Friday affirmed Rwanda at B/B; outlook positive. The positive outlook reflects S&P view that the upcoming pipeline of investment projects, along with higher exports and consumption, will drive strong...[more]

05.02.2019 Minister Ndagijimana tables 2018-19 revised budget, proposes Frw net 141.6 billion increase

As provided for under article 41 of Organic Law N°12/2013/OL of 12/09/2013 on State Finances and Property, the Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana today tabled before Parliament the 2018-19 revised...[more]

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