Press Releases

Press Releases

24.05.2017 Rwanda and India Exim Bank ink Frw 68 Billion deal to fund TVET

The government of Rwanda and India Export Import Bank today signed a financing agreement worth $ 81 Million (Approximately Frw 68 Billion) to support the establishment of integrated Technical Vocational Educational and Training...[more]

24.05.2017 Agriculture Transformation on agenda as AfDB annual meetings kick off in India

The 52nd Annual Meetings of the Board of Governors of the African Development Bank (AfDB) opened in Ahmedabad, India, today with calls for greater cooperation between the Bank and India to spur Africa’s transformation. Held...[more]

19.05.2017 Germany commits Frw 75 Billion to support Rwanda for the next 3 years

Kigali, May 18, 2017-The Government of Rwanda and the Federal Republic of Germany today concluded development cooperation negotiations commonly known as Intergovernmental Negotiations (IGN) that will see the later disburse €81...[more]

15.05.2017 Rwanda’s growth outpaced peers-IMF Team

An International Monetary Fund (IMF) staff team today completed the seventh and second reviews of Rwanda’s Policy Support Instrument (PSI) and Stand-by Credit Facility (SCF). The team led by Laure Redifer, visited Kigali from May...[more]

15.05.2017 Kenya and Rwanda share Public Finance Management best practices

The Ministry of Finance and Economic Planning last week hosted a delegation of nine officials from the National Treasury of Kenya who were on a 5 day official visit to benchmark the Government of Rwanda  Public Finance...[more]

15.05.2017 Fitch Affirms Rwanda at ‘B+’; Outlook Stable

Fitch Ratings last week affirmed Rwanda’s long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘B+’. The Outlooks are Stable. The issue rating on Rwanda’s senior unsecured Foreign-Currency bonds is also affirmed...[more]

12.05.2017 Government to prioritize financial inclusion during 2017/18 fiscal year

Ministry of Finance and Economic Planning on Wednesday appeared before the Parliamentary Standing Committee on National Budget and Patrimony to outline their activities for the 2017/18 financial year as well as highlight the...[more]

28.04.2017 Made in Rwanda receives boost as Government focuses on Export diversification

The Minister of Finance and Economic Planning Claver Gatete today presented to both chambers of parliament, the Budget Framework Paper (BFP) and the medium term budget estimates for 2017/18 -2019/20. BFP is a document outlining...[more]

20.04.2017 World Bank report names Rwanda among most resilient economies

Rwanda and six other African countries have exhibited economic resilience in recent past that saw them post annual growth rate above 5.4% in 2015-2017, according to a new World Bank report released yesterday. The six others...[more]

03.04.2017 Agriculture sector receive US$ 18.8 million boost

The Governments of Rwanda and Japan today signed a financing agreement worth US$18.8 million (Approximately Frw 15.3 Billion) to support the phase 3 of the second strategic Plan for the Transformation of agriculture (PASTA II)....[more]

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