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Press Releases

29.05.2020 93% Rwandans are financially included-FinScope Survey 2020

Kigali, May 29, 2020 – The Ministry of Finance and Economic Planning in partnership with Access to Finance Rwanda (AFR) today launched the 2020 FinScope Survey Report, a yardstick that measures how Rwandans are financially...[more]


21.05.2020 Government outlines key priorities for 2020/21 fiscal year

May 21,2020: The Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana today presented to both chambers of parliament, the Budget Framework Paper (BFP) and midterm budget estimates for 2020/21-2022/23.Addressing...[more]


04.05.2020 Government of Rwanda - World Bank Sign US$ 100 million Financing Agreement to Support Rwanda’s COVID19 Response in Energy.

Kigali: May 4, 2020 – The Government of Rwanda and the World Bank today signed a US$100 million (approximately Frw 93.1 billion) supplemental financing agreement for the Third Rwanda Energy Sector Development Policy Operation...[more]


09.04.2020 World Bank Supports Rwanda’s COVID-19 Response

World Bank Supports Rwanda’s COVID-19 Response  April 9,2020: Government of Rwanda and the World Bank today signed $14.25 million (approximately Frw 13.3 billion) International Development Association (IDA)* credit in...[more]


07.04.2020 Rwanda and Germany sign financing agreement worth 52.108 million Euros to support Urbanisation, Decentralization and Promotion Export- oriented SMEs

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 worth € 52.108 million (Approximately...[more]


27.02.2020 Government and Development Partners discuss NST1 Implementation

Senior Government officials and development partners today convened in Rubavu district for the sixteenth annual Development Partners Retreat (DPR), to discuss Rwanda’s development plans and priorities for medium and long term....[more]


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]


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